NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Nokia Corp., up 44 cents to $7.03. Wynn Resorts Ltd., up $8.09 to $104.12.» Read More
CHICAGO/ WILMINGTON, Del., July 22- Caesars Entertainment Corp may be closer to joining its operating unit in bankruptcy after a federal judge refused to protect the casino company from creditor lawsuits seeking up to $11 billion, sending its stock plummeting. Caesars and its private equity backers Apollo Global Management LLC and TPG Capital, said staying...
July 20- Caesars Entertainment Corp reached an agreement with its lenders late on Monday night, hours after a New York state court judge threw out a lawsuit by the casino company against a group of creditors known as the second-lien noteholders. Caesars Entertainment will contribute an additional $200 million of Caesars Entertainment convertible notes to...
July 17- Employees at the Trump Taj Mahal casino, in New Jersey's struggling gambling hub Atlantic City, have voted to authorize a strike over sharp cuts in pay, benefits and other issues, their union said on Friday. About a thousand people would potentially walk out, including bartenders, cocktail waitresses, bellmen, cooks and housekeepers, according to Ben...
Poker's biggest star, Daniel Negreanu, came up two places short of making the final table of the Main Event in the World Series of Poker.
One of the biggest names in professional poker is just one day away from getting to the sport's biggest stage.
Many of Macau's residents turn to jobs in the gaming industry for better income, but how will the slowdown in the city's casino industry affect them? CNBC's Eunice Yoon finds out.
Liu Shuai, a Chinese state bank officer who lives in the city of Zhuhai, tells CNBC why he stopped visiting Macau after Beijing started its anti-corruption campaign.
In this episode of "Inside China", CNBC's Eunice Yoon finds out what's hurting Macau's billion-dollar gambling industry.
Shares in Macau's casino companies jumped more than 10 per cent on Thursday in a rare relief rally after the government relaxed visa restrictions.
Apart from Beijing's anti-graft campaign, Macau's outlook is also clouded by the conflicts in its own society over what role the casinos should play in the city's future.
Macau's casino revenue fell for the 13th consecutive month in June amid Beijing's anti-corruption drive. CNBC's Eunice Yoon has more.
Tuna Amobi, Standard and Poor's, thinks we are in the early to mid-innings of a multi-year correction for casinos with exposure to Macau.
The world's casino capital Macau could be in trouble. Harry Curtis, Nomura senior gaming analyst, shares his trade.
CNBC's Eunice Yoon takes a look at why the chips are down for Macau despite tens of millions of people visiting its casinos.
Jonathan Galaviz, partner at Global Market Advisors, says the relaxation of visa rules for mainland tourists visiting Macau will only be "helpful around the edges."
Macau casino stocks Melco Crown, Las Vegas Sands and MGM were higher Tuesday. The "Fast Money" traders take their positions.
CNBC's Morgan Brennan, and Tom Ballance, Borgata president & COO, talk about the shrinking casino business in Atlantic City and how bad policy is impacting the space. Also Ballance weighs in on how online gambling has created an additional revenue stream for Borgata.
Jean-Robert Bellande took home $784,828 in the Poker Players Championship at the World Series of Poker in the early morning hours Friday.
Insight to a bill which makes it legal for out-of-state residents to have access to the states licensed sports books through sports betting investment funds, with Quinton Singleton, CG Technology VP.
*SEC says freezes assets of Luo Haijian, CEO of 4399 Co Ltd. In a New York court filing, the SEC says 33- year old Luo, who is the chief executive of 4399 Co Ltd, bet Qihoo's stock price would rise in the short term by purchasing $700,000 of "out of the money" call options through a U.S. brokerage account prior to the buyout announcement. "The suspicious timing and size of Luo's...