Entertainment Gambling

  • LONDON, Oct 18- Merger talks between Canadian online gambling company Amaya Inc and British bookmaker William Hill have ended after the two firms concluded they would be stronger on their own. Amaya, operator of online gambling website PokerStars, and William Hill announced earlier this month that they were in talks to combine in a merger of equals but the deal...

  • *Tabcorp is Australia's largest betting company. SYDNEY, Oct 18- Australia's Tatts Group Limited and Tabcorp Holdings Ltd on Tuesday said they are in talks to create a A $9.34 billion betting industry giant, hoping to join forces to fend off popular online rivals. Australia's two largest non-casino gambling firms are struggling to cope with mounting...

  • Crown Resorts Chairman James Packer.

    James Packer, the majority owner of Crown Resorts, says he's concerned for employees detained in China for "gambling crimes."

  • TOKYO, Oct 18- Moves to allow casinos in Japan have failed for 15 years, but the chance of success has improved sharply, people involved in the effort say, thanks to political shifts that could open the world's next great frontier for high-roller gambling. Companies from Las Vegas Sands Corp to domestic game-machine maker Sega Sammy Holdings Inc stand to benefit...

  • TOKYO, Oct 18- Moves to allow casinos in Japan have failed for 15 years, but the chance of success has improved sharply, people involved in the effort say, thanks to political shifts that could open the world's next great frontier for high-roller gambling. Companies from Las Vegas Sands Corp to domestic game-machine maker Sega Sammy Holdings Inc stand to benefit...

  • The City of Dreams complex, operated by Melco Crown Entertainment, stands illuminated at night in Macau in February 2016.

    Crown says it's been unable to speak to the workers, including the head of its international high-roller business.

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

    Donald Trump's his friend and fellow billionaire Carl Icahn closed the casino on Monday, making it the 5th casualty of Atlantic City's casino crisis.

  • A group of Hofstra University students stand in front of a media trailer with images of Hillary Clinton and Donald Trump ahead of the first U.S. presidential debate at Hofstra University in Hempstead, New York, on Sept. 25, 2016.

    The November election outcome could trigger renewed volatility in financial markets, but should investors bother to do anything about it?

  • HONG KONG, Oct 3- Hong Kong stocks rose more than 1 percent on Monday, lifted by gaming shares such as Galaxy Entertainment Group, after the world's biggest casino hub Macau posted a better than expected rise in gambling revenue in September. Activity in China's manufacturing sector expanded again in September, an official survey showed on Saturday, which may...

  • HONG KONG, Oct 3- Hong Kong stocks rose more than 1 percent on Monday, lifted by casino shares such as Galaxy Entertainment Group, after the world's biggest casino hub of Macau posted a better than expected rise in gambling revenue in September. The China Enterprises Index gained 1 percent to 9691.18, putting Hong Kong shares on a solid footing at the start of the...

  • HONG KONG, Oct 1- The world's biggest casino hub of Macau posted a better than expected 7.4 percent rise in gambling revenue in September, marking the second consecutive month of growth after more than two years of decline, as new resorts spur spending in the southern Chinese territory. A specially administered region of China, Macau is the only place in the...

  • LAS VEGAS, Sept 30- By the time the Las Vegas Sands Corp tried to collect on the gambling debts last year, the two women owed $6.4 million, lost during a few disastrous days of baccarat. The attorneys for the women, Jeffrey Setness of the law firm Fabian VanCott and Kevin Rosenberg of Lowenstein& Weatherwax LLP, contend the Sands may have violated federal anti-money...

  • 'The Parisian' opens in Macau

    CNBC's Susan Li reports on the opening of The Parisian, Sheldon Adelson's newest casino venture in Macau.

  • MACAU, Sept 13- U.S. casino mogul Sheldon Adelson opens his fifth resort in the Chinese gambling hub of Macau on Tuesday, as signs emerge of a turnaround in the territory's fortunes after two years of falling revenues cast doubt on the wisdom of new developments. Macau's casino industry has been hit by China's slowing economic growth, a campaign against...

  • The Eiffel Tower attraction, a half-size replica of the Eiffel Tower in Paris, stands illuminated at the Parisian Macao casino resort, operated by Sands China, a unit of Las Vegas Sands Corp, in Macau.

    As the Macau gaming market begins to stabilize, is there enough appetite for another new casino?

  • MACAU, Sept 13- U.S. casino mogul Sheldon Adelson opens his fifth resort in the Chinese gambling hub of Macau on Tuesday, as signs emerge of a turnaround in the territory's fortunes after two years of falling revenues cast doubt on the wisdom of new developments. Sands China, a subsidiary of Adelson's Las Vegas Sands, throws open the doors of the $3 billion Parisian...

  • HONG KONG, Sept 1- Macau, the world's biggest casino hub, posted a 1.1 percent rise in gambling revenue in August, the first positive monthly year-over-year growth in more than two years, after the opening of Wynn Macau's $4 billion resort in the southern Chinese territory. Macau, the only place in China where casino gambling is legal, is set for another multibillion...

  • HONG KONG, Sept 1- Macau, the world's biggest casino hub, posted a 1.1 percent rise in gambling revenue in August, the first positive monthly year-over-year growth in more than two years, after the opening of Wynn Macau's $4 billion resort in the southern Chinese territory. August marks the first upward tick for the former Portuguese colony since May 2014, after...

  • DUBLIN, Aug 24- Gambling company Paddy Power Betfair increased the scale and pace of cost savings from its merger, fleshing out its strategy following a 31 percent jump in first-half earnings. Online betting exchange Betfair and Paddy Power, which has a chain of shops as well as an online business, completed a 6 billion pound merger in February with the initial aim...

  • MANILA, Aug 23- The Philippines will issue online gaming licenses soon for operators that target overseas punters, seeking a new revenue source after deciding not to renew permits for services used by poor Filipinos. Philippine President Rodrigo Duterte, who has already unleashed a crackdown on drugs, is turning his guns on a booming online gaming industry and...