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Entertainment Gambling

  • *SBM's Monaco state backers keen on Japan- Galaxy president. TOKYO, March 29- Macau casino operator Galaxy Entertainment Group Ltd on Wednesday said it has partnered Societe des Bains de Mer, hoping the Monaco peer will help it trump rivals to win a license in Japan's nascent gambling market. "All of the entities of Monaco and the principality... are very enthusiastic...

  • *SBM's Monaco state backers keen on Japan- Galaxy president. TOKYO, March 29- Macau casino operator Galaxy Entertainment Group Ltd on Wednesday said it has partnered Societe des Bains de Mer, hoping the Monaco peer will help it trump rivals to win a license in Japan's nascent gambling market. "All of the entities of Monaco and the principality... are very enthusiastic...

  • MACAU, March 29- Overseas visitors are an increasingly common sight in Chinas gambling territory of Macau which is trying to diversify an economic model that has depended on mainland high rollers for more than a decade. Now the government has hearkened calls to reposition Macau as a tourism destination, with the number of international visitors growing 8...

  • Bruce Rauner's administration said the delay reflects the challenges Illinois and other states have faced since turning some lottery operations over to the private sector. Indiana and New Jersey also hired private managers after Illinois in 2010 became the first state to do so. A replacement firm for Illinois was supposed to have been hired by Jan. 1 under a...

  • ATLANTIC CITY, N.J.— Atlantic City's former Revel casino remains shut, but it's gathering potential customers in case it ever does open. It allows visitors to register and receive credits for online slot machines and table games, just the same as New Jersey's regulated internet gambling sites. Straub is suing New Jersey gambling regulators, arguing he doesn't...

  • Betting business goes in peaks and troughs: Ladbrokes Coral CEO

    Ladbrokes Coral CEO Jim Mullen discusses earnings, managing his company's merger and the digital side of the business.

  • DUBAI, United Arab Emirates— The president of the United States holds a trademark in Jordan for a Donald Trump casino, despite the fact that gambling is illegal in the kingdom. To keep the trademarks active, the Trump Organization would need to reapply for them during Trump's four-year term, raising potential ethical concerns for his company in Jordan, a stalwart...

  • Oakland Raiders fans display signs in support of the team staying in Oakland during their game against the Denver Broncos at Oakland-Alameda County Coliseum on November 6, 2016.

    The NFL and the team approved the move after dissatisfaction with Oakland's proposals for a new stadium.

  • The same week legendary investor Warren Buffett put his California vacation house on the market, a friend told me her widowed mother had sold the family home in Cleveland. Buffett bought his Laguna Beach place in 1971 for $150,000 and is asking $11 million. The Cleveland house eked out a 2.82 percent annual return.

  • LAS VEGAS— When the Monte Carlo casino closes its eight-table poker room in about a month as part of a $450 million overhaul, the Las Vegas Strip will be down nearly a quarter of the tables it had a decade ago. And unlike the boom years when they competed for card fans after everyman Chris Moneymaker won the World Series of Poker's main event in 2003, poker's appeal in...

  • Duke Blue Devils guard Frank Jackson drives in a game against the North Carolina Tar Heels on March 10, 2017, at the Barclays Center in Brooklyn, New York.

    March Madness is now underway, and there is money to be made — and lost — on your bets.

  • Duke Blue Devils guard Frank Jackson drives in a game against the North Carolina Tar Heels on March 10, 2017, at the Barclays Center in Brooklyn, New York.

    John Avello, Wynn Las Vegas Sports Book director, discusses business during March Madness, and deregulation under the Trump administration.

  • *Macau revenues showing sustained uptick, up 18 pct in Feb. HONG KONG, March 1- Macau's gambling revenue rose for a seventh month and hit a two-year high in February, in the strongest signal yet the casino hub was firmly on its path to recovery from a slump triggered by China's anti-corruption campaign and slow economic growth. In February, Macau raked in a revenue of...

  • *Macau revenues showing sustained uptick, up 18 pct in Feb. HONG KONG, March 1- Gambling revenue in the Chinese territory of Macau hit a two-year high in February, recovering steadily from a prolonged anti-corruption drive and slowing economic growth that dragged on the world's biggest casino hub over the past three years. In February, Macau raked in a revenue of 23...

  • HONG KONG, March 1- Gambling revenue in the Chinese territory of Macau surged almost 18 percent in February, after dropping over the past three years when a prolonged anti-corruption campaign and slowing economic growth hurt business at the world's biggest casino hub. Gambling revenue rose to 23 billion patacas last month, from 19.5 billion patacas a year ago,...

  • HONG KONG, Feb 28- Macau casino operator Galaxy Entertainment Group posted a better-than-expected 51 percent rise 2016 net profit, thanks to a recovery in the world's biggest gambling hub, and forecast double-digit gaming revenue growth for this year. Galaxy, one of six listed casino operators in the Chinese territory of Macau, had been hit by sagging demand...

  • The Villanova Wildcats celebrate after defeating the North Carolina Tar Heels 77-74 in the 2016 NCAA Men's Basketball National Championship on April 4, 2016 in Houston, Texas.

    March may be the best month to work at Warren Buffett's Berkshire Hathaway, especially for college basketball fans.

  • Secretary of Education Betsy DeVos speaks at the Conservative Political Action Conference (CPAC) in National Harbor, Maryland, February 23, 2017.

    Here are some of the key stories CNBC is following this hour.

  • Someone in Indiana hit a massive jackpot

    A lucky someone in Indiana just got a whole lot richer.

  • A Powerball ticket is sold to a customer, Wednesday, Feb. 22, 2017, in Methuen, Mass.

    The winning Powerball numbers have been drawn for the jackpot that's climbed above $400 million for the first time in nearly three months.