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Travel Casinos and Gaming


  • Bally's: $21.1 million, up 69.6 percent from 3rd quarter of 2014. Tropicana: $26 million, up 41 percent. Trump Taj Mahal: $16.2 million, up 181.7 percent.

  • ATLANTIC CITY, N.J.— Atlantic City's casinos saw their gross operating profits increase by 61 percent in the third quarter of this year. Figures released Monday by the state Division of Gaming Enforcement show the eight casinos turned a collective profit of $237.4 million in July, August and September. "These results show that casino operations are stabilizing...

  • Yahoo ensnared in daily fantasy site crackdown Friday, 20 Nov 2015 | 11:53 AM ET
    Yahoo ensnared in daily fantasy site crackdown

    CNBC's Eric Chemi looks at how the crackdown on daily fantasy sports sites can even affect Yahoo, but it still could be a positive.

  • Wynn shares slip on casino opening delay Wednesday, 18 Nov 2015 | 3:25 PM ET
    Wynn shares slip on casino opening delay

    Wynn's latest hotel and casino opening in Macau has been delayed, reports CNBC's Jane Wells.

  • SPRINGFIELD, Mass.— The price tag for MGM's planned resort casino in the city continues to climb. Now MGM Resorts International President Bill Hornbuckle says the projected cost of the development has ballooned to more than $950 million despite the company's efforts to propose cost-saving design changes. "The reality is that this project will exceed $950...

  • Your first trade for Wednesday Tuesday, 17 Nov 2015 | 6:10 PM ET

    The "Fast Money" traders delivered their final trades of the day.

  • Nov 17- The U.S. House of Representatives passed legislation on Tuesday aimed at blocking the National Labor Relations Board's jurisdiction over tribal casinos on Indian land. Senator John Barrasso, a Republican from Wyoming who chairs the Senate Committee on Indian Affairs, hopes the bill will move in the Senate in the coming months if scheduling permits, a...

  • Committee approves Philadelphia casino plan Tuesday, 17 Nov 2015 | 6:14 AM ET

    PHILADELPHIA— Plans to build a casino in South Philadelphia are advancing. A committee on Monday night sent to the City Council a proposal by Cordish Cos. and Greenwood Gaming& Entertainment to build a $450 million casino complex at Ninth Street and Packer Avenue. The committee cited support for the developer from the city's NAACP chapter and a local...

  • Restraining order denied for DraftKings, FanDuel Monday, 16 Nov 2015 | 5:51 PM ET
    The DraftKings app and FanDuel website

    The state's attorney general last week declared the games to be illegal gambling and demanded they stop taking money from New Yorkers.

  • FanDuel to stop accepting new deposits in New York Friday, 13 Nov 2015 | 4:12 PM ET
    People outside Attorney General Eric Schneiderman's Manhattan office, where they were protesting his decision to classify daily fantasy sports as illegal gambling, November 13, 2015.

    The decision comes after FanDuel led a protest of New York Attorney General Eric Schneiderman after he called daily fantasy sports illegal gambling.

  • Nov 3- "FarmVille" game maker Zynga Inc said Chief Financial Officer David Lee was stepping down and Chief Accounting Officer Michelle Quejado was taking over as interim CFO. Zynga also said it would delay the launch of the "Dawn of Titans" and "CSR2" games to 2016 from the fourth quarter planned earlier. Founder Mark Pincus, who returned as chief executive this year,...

  • "Farmville" creator Zynga's CFO steps down Tuesday, 3 Nov 2015 | 4:08 PM ET

    Nov 3- "FarmVille" game maker Zynga Inc said Chief Financial Officer David Lee was stepping down and Chief Accounting Officer Michelle Quejado was taking over as interim CFO. Lee, who joined Zynga from Best Buy Co Inc in April last year, will leave the gaming company in December. However, Zynga forecast bookings of $165 million- $180 million for the current quarter,...

  • No Golden Week bonanza for Macau's October revenue Sunday, 1 Nov 2015 | 3:20 AM ET

    Gambling revenue in the Chinese territory fell 28.4% on-year in October, the 17th consecutive month of decline.

  • *MGM to maintain control of new REIT. MGM, which will own 70 percent of the REIT, said the 10 properties together have more than 24,000 hotel rooms. Casino operators like MGM have relied on strong revenue growth from their Macau operations to bolster results.

  • The properties would include six Las Vegas resorts and entertainment assets besides The Mirage: Mandalay Bay, Monte Carlo, New York-New York, Luxor, Excalibur, and The Park. MGM said it will continue to manage and operate the properties and will retain full ownership of the Bellagio and MGM Grand Las Vegas. MGM join a list of companies looking to spin off their real...

  • HONG KONG, Oct 29- Macau's top gaming regulator Manuel Neves is stepping down from his post in the world's largest casino hub, the Chinese territory's government said, at a time when its revenues are plummeting and the growth outlook looks weak in the coming year. The 56- year-old had overseen the gaming industry from its infancy, prior to the entry of U.S. giants Las...

  • SYDNEY, Oct 29- Australian casino company Crown Resorts Ltd said it has bought a one-fifth stake in Nobu, valuing the high-end restaurant and hotel chain part-owned by movie star Robert De Niro at half a billion dollars. "We see the Nobu brand as complementary to Crown Resorts' global luxury entertainment positioning," Crown Chairman Rob Rankin said in the...

  • MACAU, Oct 27- Batman and Wonder Woman are just some of the superheroes casino operator Melco Crown Entertainment Ltd is deploying at its new $3.2 billion casino in Macau, which opened on Tuesday in the midst of a sharp downturn for the Asian gambling playground. Mariah Carey headlined a star-studded opening ceremony for the Hollywood- themed Studio City resort,...

  • Melco Crown's big bet on Studio City Tuesday, 27 Oct 2015 | 6:28 AM ET
    Melco Crown's big bet on Studio City

    CNBC's Emily Tan reports on the opening of the mega gambling resort in Macau.

  • 'Ultimately, Studio City will pay out in spades' Monday, 26 Oct 2015 | 11:40 PM ET
    'Ultimately, Studio City will pay out in spades'

    Grant Govertson, MD of Union Gaming Group, says the $3.2B Studio City casino resort will have a slow start but will eventually pay off.