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Travel Casinos and Gaming

  • ATLANTIC CITY, N.J.— Atlantic City's casinos are off to a good start in 2017, with their January gambling revenue up 7.7 percent from a year ago. Figures released Tuesday by the state Division of Gaming Enforcement show the seven casinos took $204.6 million from gamblers in January. The storm "effectively wiped out a full weekend last year" and "is one of the big...

  • A sign marks the Trump Taj Mahal Hotel and Casino in Atlantic City, New Jersey.

    Carl Icahn said he planned to sell his shuttered Trump Taj Mahal casino in Atlantic City, likely bringing an end to his troubled relationship with the city.

  • NEW YORK, Feb 6- Billionaire activist investor Carl Icahn said on Monday he planned to sell his shuttered Trump Taj Mahal casino in Atlantic City, New Jersey, likely bringing an end to his troubled relationship with the city. That legislation was vetoed on Monday by New Jersey Governor Chris Christie, a Republican, who called it a "transparent attempt to punish the...

  • HONG KONG, Feb 2- Hong Kong stocks fell on Thursday, with property stocks leading the slide, as investors continued to lock in gains after the U.S. While strong economic data from the United States and elsewhere underpinned risk assets, uncertainty and concerns over U.S. Macau gaming stocks remained weak after the world's biggest casino hub posted a...

  • SAN FRANCISCO, Jan 31- Slack Technologies Inc, a Silicon Valley messaging and collaboration software company, is making a strong push to expand its business by selling technology to some of the largest corporations in the country. The technology also integrates with a wide variety of business software- such as Salesforce.com Inc and Skype- so employees can do...

  • TOKYO, Jan 27- Global casino operators are stepping up their efforts to woo local partners and venue hosts in Japan, even though it may be a year before lawmakers lay out the ground rules for what could be the world's second-biggest casino market. Just weeks after Japan legalised casinos, major operators from MGM Resorts to Hard Rock Cafe International are...

  • HANOI, Jan 20- Vietnamese will be allowed to gamble in approved casinos and under certain conditions, in a three-year pilot project announced by the government on Friday. People over 21 years old with a regular monthly income of at least 10 million dong will be allowed to use the casinos, the government said in a decree that will come into effect on March 15..

  • Jan 19- Las Vegas Sands Corp agreed to pay a $6.96 million criminal penalty to end a U.S. Department of Justice probe into whether it violated a federal anti-bribery law by making payments to a consultant to help it do business in China and Macau. The resolution of the Foreign Corrupt Practices Act case follows Las Vegas Sands' related $9 million civil settlement...

  • The Eiffel Tower attraction stands illuminated at the Parisian Macao casino resort, operated by Sands China, a unit of Las Vegas Sands, in Macau, China, on Tuesday, July 26, 2016.

    Las Vegas Sands agreed to pay a criminal penalty to end a Department of Justice probe into whether it violated a federal anti-bribery law.

  • Jan 19- Las Vegas Sands Corp agreed to pay a $6.96 million criminal penalty to end a U.S. Department of Justice probe into whether it violated a federal anti-bribery law by paying a consultant to help it do business in China and Macau. In a statement on Thursday, the Justice Department said the casino operator run by billionaire Sheldon Adelson also entered a...

  • CHICAGO, Jan 17- Caesars Entertainment Corp has wrapped up the $18 billion bankruptcy of its main operating unit, allowing the casino company to focus on restoring the tarnished Harrah's, Caesars and Horseshoe brands after two years of Chapter 11 proceedings. Caesars' subsidiary, Caesars Entertainment Operating Co Inc, won court approval on Tuesday for a plan...

  • People walk on a water front near a strip of casinos in Macau.

    A case involving Wynn Resorts and Universal Entertainment has opened a window into the workings of a U.S. overseas bribery probe.

  • Jan 11- In April 2015, a sworn statement submitted in a Nevada lawsuit between rival casino moguls Steve Wynn and Japan's Kazuo Okada contained an unusual assertion. Its author said Wynn's head of security had asked to meet him in Japan and then persuaded him to travel to the United States to talk to federal agents pursuing a different matter: a criminal bribery...

  • Police have disrupted a racket involving the use of China UnionPay terminals that made illegal cash transactions, the SMCP reports.

  • HONG KONG, Jan 1- Gambling revenue in the Chinese territory of Macau fell for a third year in a row in 2016 as a prolonged anti-corruption campaign and slowing economic growth sapped sentiment in the world's largest casino hub. "Macau gaming, now firmly at the bottom of the cycle, has better long-term prospects given investments in new supply, improvements in mass...

  • HONG KONG, Dec 30- Share sales in Asia ex- Japan are set to rebound in 2017 from three-year lows this year, driven by listings of financial firms in Greater China, including the world's biggest fintech IPO, and a further revival of offerings in India, bankers and investors said. An up to $5 billion listing from China's largest peer-to-peer lender Lufax and potential...

  • Beijing's crackdown on capital flight could be about to extend to Singapore, the SMCP reports.

  • Philippine President Rodrigo Duterte announced on Thursday he would halt all online gambling in his country.

  • MANILA, Dec 22- Philippine President Rodrigo Duterte announced on Thursday he would halt all online gambling in his country. Duterte made the comment while announcing a 2017 budget that focused heavily on populist measures. The Philippine gambling industry is one of Asia's most freewheeling, attracting many online foreign companies over the last decade to...

  • MANILA, Dec 22- Philippine President Rodrigo Duterte announced on Thursday he would halt all online gambling in his country. Duterte made the comment while announcing a 2017 budget that focused heavily on populist measures. The Philippine gambling industry is one of Asia's most freewheeling, attracting many online foreign companies over the last decade to...