×

Entertainment Gambling

  • *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,...

  • LOUISVILLE, Ky. _ Churchill Downs Inc. on Tuesday reported fourth-quarter profit of $26.8 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share. Three analysts surveyed by Zacks expected $283.3 million.

  • LAS VEGAS— Luck was definitely on the house's side in January as Nevada casinos benefited from the timing of the Chinese New Year and won just over $1 billion from gamblers. The amount represents a 12 percent increase compared with a year earlier, when casinos reported a "gaming win" of $925 million, the Nevada Gaming Control Board reported Tuesday.

  • 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...

  • Some legislators talk of scrapping the idea and locating the state's potentially third casino in southwestern Connecticut, taking advantage of the potentially lucrative New York gambling market. "I think building a third casino in northern Connecticut, I just think it's shortsighted," said Rep. The tribes contend their proposed, jointly operated $200...

  • 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.

  • AUGUSTA, Maine— Fishing regulators and industry representatives support a plan for a lottery system to get new fishermen into Maine's lucrative baby eel fishery, which is a key piece of the sushi supply chain. Maine is the only state with a significant fishery for baby eels. "I'd like to see some younger kids get in," said Darrell Young, who heads the Maine Elver...

  • 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.

  • A sign advertises the Powerball jackpot outside a store on Kenmare Street in New York, February 22, 2017.

    Ka-ching! Winning residents of some states pocket more than others.

  • Powerball

    The drawing is scheduled for 10:59 p.m. ET on Wednesday. The odds of winning the jackpot is 1 in 292,201,338.

  • Mega Millions ticket

    Young Americans are showing less interest in buying lottery tickets, prompting officials to worry about the odds for future growth.

  • HONG KONG, Feb 1- The world's biggest casino hub of Macau posted a 3.1 percent rise in gambling revenue in January as demand in China's only legal casino hub gained further steam after a more than two-year slump bottomed out in mid-2016. Gambling revenue in January rose to 19.3 billion patacas, government data showed on Wednesday, getting a boost from a national...

  • Jan 20- Canada's Amaya Inc raised its 2016 adjusted profit forecast, citing better-than-expected results in the fourth quarter ended Dec. 31, helped by its casino games and a successful relaunch in Portugal. The gambling website operator now expects 2016 adjusted profit of $364 million- $374 million, higher than its previous forecast of between $344 million...

  • Jan 20- Canada's Amaya Inc raised its adjusted profit forecast for 2016, citing better-than-expected results in the fourth quarter ended Dec 31., helped by its casino games and a successful relaunch in Portugal. The gambling website operator now expects adjusted profit of $364 million- $374 million for 2016, higher than its previous forecast of between $344...

  • Donald Trump

    Bookmakers in the U.K. and Ireland are placing bets on what could happen during President-elect Donald Trump's time in the White House.

  • *FTSE 100 hits new record high, up 0.2 pct. *FTSE small-cap hits new record high. The FTSE 100 opened at a record high of 7,239.26 points, then settled at 7,227.11 points, up 0.2 percent, by 1020 GMT.