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Travel Casinos and Gaming


  • VIP revenue stream never coming back: Pro Wednesday, 23 Sep 2015 | 5:35 PM ET
    VIP revenue stream never coming back: Pro

    The outlook for casinos and the best way to play the space with Harry Curtis, Nomura Securities.

  • SAO PAULO/ BRASILIA, Sept 22- Brazil's cash-strapped government is in talks with lawmakers over legalizing gambling to increase revenues as Congress balks at President Dilma Rousseff's efforts to overcome a budget deficit by raising other taxes. Brazil has banned casinos since 1946 and it outlawed bingo halls in 2007 amid concerns they facilitated money...

  • Borgata Casino regulating weight of waitresses Friday, 18 Sep 2015 | 10:00 AM ET
    Borgata Casino regulating weight of waitresses

    An appeals panel ruled that the Borgata casino can regulate the weight of its cocktail waitresses.

  • Panel upholds casino's 'Borgata Babes' weight limit Friday, 18 Sep 2015 | 8:26 AM ET
    Visitors enter the Borgata Hotel and Casino in Atlantic City, N.J.

    An appeals panel has upheld the Borgata casino's policy of regulating how much its cocktail waitresses can weigh.

  • TOKYO, Sept 17- Japan's Universal Entertainment Corp said it has dropped demands for damages against three former employees it accused of making millions of dollars of unauthorized payments related to its Philippine casino project. Universal, controlled by billionaire pachinko gambling machine tycoon Kazuo Okada, said late on Wednesday in a filing with...

  • PayPal just did something big, very quietly Tuesday, 15 Sep 2015 | 10:19 AM ET
    WSOP web page

    PayPal just started allowing processing for online gambling outfits, but is not doing any PR around it.

  • China did right with anti-graft drive: Rockowitz Monday, 14 Sep 2015 | 8:53 PM ET
    China did right with anti-graft drive: Rockowitz

    Bruce Rockowitz, CEO & vice chairman of Global Brands Group, says Beijing's anti-corruption drive is the right thing to do, but it is taking a toll on businesses in the luxury and gambling segments.

  • Caesars fined $8M for lax money-laundering controls Tuesday, 8 Sep 2015 | 2:10 PM ET
    The Forum Shops at Caesars

    The government fined casino operator Caesars Palace for repeated violations of the Bank Secrecy Act in its VIP gaming rooms.

  • Macau casino revenue plunges by over a third Tuesday, 1 Sep 2015 | 7:03 AM ET

    Gambling revenue in Macau dropped 35.5 percent in August from a year earlier, sliding for a fifteenth month in a row and providing more evidence of a deepening downturn.

  • NEW YORK, Aug 27- Caesars Entertainment Corp on Thursday moved a step closer toward a possible trial with bondholders, as a Manhattan federal judge refused to hold the gaming company liable to help repay $7 billion of debt owed by its main operating unit. District Judge Shira Scheindlin rejected requests by bond trustees BOKF NA and UMB Bank NA that Caesars be...

  • Playtech CEO mulls larger acquisitions Thursday, 27 Aug 2015 | 11:00 AM ET
    Playtech CEO mulls larger acquisitions

    Mor Weizer, CEO of Playtech, discusses his company and trends in the gambling industry.

  • A big win for A.C. casinos Tuesday, 25 Aug 2015 | 8:00 AM ET
    A big win for A.C. casinos

    Gross profit among Atlantic City casinos grows 28-percent with fewer left standing.

  • CZR in the red with the Feds Monday, 24 Aug 2015 | 6:00 AM ET
    CZR in the red with the Feds

    Caesars Entertainment to pay $20-million to U.S. over anti-money laundering lapses. - Reuters

  • Hong Kong shares close at lowest level this year Thursday, 20 Aug 2015 | 4:16 AM ET

    The Hang Seng index fell 1.8 percent, to 22,757.47, while the China Enterprises Index, which tracks big Chinese companies listed in Hong Kong, lost 2.3 percent, to 10,402.72 points. Thursday's close was the lowest for the Hang Seng Index since Dec. 18. Hong Kong carrier Cathay Pacific fell 3.3 percent, following a downgrade by Credit Suisse.

  • LOS ANGELES, Aug 19- Finnish mobile gaming company Rovio Entertainment, best known for its high-flying "Angry Birds," is hoping to rebound from a tough 2014 and to expand in Asia by tailoring its games to draw local consumers. China accounts for a third of the nearly 40 million downloads of "Angry Birds 2" since July 30, making it the top market. For Birds 2, Rovio...

  • Weaker yuan deals Asia's casinos a losing hand Monday, 17 Aug 2015 | 12:16 AM ET
    People walk through a concourse with their luggage at Hong Kong International Airport.

    Asian travel hotspots may be counting on an ever-growing horde of Chinese tourists for growth, but the weaker yuan may choke off the flow of travelers.

  • Most big casino stocks suffering, but not this one Friday, 14 Aug 2015 | 2:33 PM ET
    Guests playing a slot machine at the Plainridge Park Casino in Massachusetts.

    Investing in gambling? Shares of PENN, a domestic casino company on the move, stand out with the rest of the industry in flux.

  • Echo's new Brisbane casino is a good idea: Pro Wednesday, 12 Aug 2015 | 11:34 PM ET
    Echo's new Brisbane casino is a good idea: Pro

    Scott Phillips, advisor at The Motley Fool Australia, says Echo Entertainment's plan for a new casino in Brisbane is a good idea. He also discusses news that James Packer has stepped down as chairman of Crown Resorts.

  • Why NagaCorp is bucking the gaming downtrend Wednesday, 12 Aug 2015 | 7:45 PM ET
    Why NagaCorp is bucking the gaming downtrend

    Timothy McNally, chairman of NagaCorp, attributes the company's 42 percent rise in gross gaming revenue to factors such as scale of operation and its focus on Southeast Asia.

  • Echo Entertainment: Profit up on local business Wednesday, 12 Aug 2015 | 6:42 PM ET
    Echo Entertainment: Profits rise on local business

    Matt Bekier, CEO of Echo Entertainment, says the company's domestic businesses such as Sydney's Star Casino underpinned the 59 percent jump in full-year net profit.