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Travel Casinos and Gaming


  • UPDATE 1-Caesars faces bankruptcy after losing key ruling Wednesday, 22 Jul 2015 | 3:41 PM ET

    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 misses final table at Series Wednesday, 15 Jul 2015 | 11:17 AM ET
    Daniel Negreanu on the floor after his elimination.

    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.

  • Pro poker's biggest shark closes on tourney final Tuesday, 14 Jul 2015 | 1:14 PM ET
    Daniel Negreanu, 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.

  • How Macau's losing streak is impacting its citizens Monday, 6 Jul 2015 | 5:50 AM ET
    How Macau's losing streak is impacting its citizens

    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.

  • Why Chinese travelers are shunning Macau Monday, 6 Jul 2015 | 5:40 AM ET
    Why Chinese travelers are shunning Macau

    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.

  • Dark cloud hangs over 'Las Vegas of the East' Monday, 6 Jul 2015 | 5:30 AM ET
    Dark cloud hangs over 'Las Vegas of the East'

    In this episode of "Inside China", CNBC's Eunice Yoon finds out what's hurting Macau's billion-dollar gambling industry.

  • Macau casinos stocks up after China visa changes Thursday, 2 Jul 2015 | 10:03 PM ET

    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.

  • Could this dim the growth prospects of Macau? Thursday, 2 Jul 2015 | 7:25 PM ET
    Could this dim the growth prospects of Macau?

    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.

  • Out of luck: Macau continues losing streak Wednesday, 1 Jul 2015 | 6:49 PM ET
    Out of luck: Macau continues losing streak

    Macau's casino revenue fell for the 13th consecutive month in June amid Beijing's anti-corruption drive. CNBC's Eunice Yoon has more.

  • Macau mess Wednesday, 1 Jul 2015 | 4:18 PM ET
    Macau mess

    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.

  • Trouble for Macau Wednesday, 1 Jul 2015 | 2:10 PM ET
    Trouble for Macau

    The world's casino capital Macau could be in trouble. Harry Curtis, Nomura senior gaming analyst, shares his trade.

  • Macau on losing streak as revenues near 5-year low Wednesday, 1 Jul 2015 | 6:42 AM ET
    Macau on losing streak as revenues near 5-year low

    CNBC's Eunice Yoon takes a look at why the chips are down for Macau despite tens of millions of people visiting its casinos.

  • Will easier visa rules save Macau casinos? Tuesday, 30 Jun 2015 | 8:45 PM ET
    Will easier visa rules save Macau 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."

  • Time to bet on Macau? Tuesday, 30 Jun 2015 | 5:53 PM ET
    Time to bet on Macau?

    Macau casino stocks Melco Crown, Las Vegas Sands and MGM were higher Tuesday. The "Fast Money" traders take their positions.

  • Borgata's luck in Atlantic City Monday, 29 Jun 2015 | 8:23 AM ET
    Borgata's luck in Atlantic City

    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.

  • Former 'Survivor' star wins big in poker tourney Friday, 26 Jun 2015 | 12:05 PM ET
    Jean-Robert Bellande

    Jean-Robert Bellande took home $784,828 in the Poker Players Championship at the World Series of Poker in the early morning hours Friday.

  • Sports betting mutual fund Thursday, 25 Jun 2015 | 2:52 PM ET
    Sports betting mutual fund

    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...