Entertainment Gambling

  • 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...

  • LAS VEGAS— A poor showing from the high-roller game of baccarat and two fewer weekend days pushed Nevada gambling revenue down 5.2 percent in August compared with the same month last year, according to figures released Thursday. The Nevada Gaming Control Board said casinos in the state won just $861 million in August— the lowest monthly total since June 2015.

  • ATLANTIC CITY, N.J.— A New York firm hopes to be the first in the world to install skill-based slot machines on casino floors in which the main determining factor in how much a player can win is his or her ability to play the game. GameCo told The Associated Press on Tuesday that it is ready to put machines in the three Atlantic City casinos owned by Caesars...

  • ATLANTIC CITY, N.J.— New Jersey gambling regulators and a Canadian Mohawk tribe are cracking down on illegal internet gambling by blocking unapproved sites from accepting bets from New Jersey and other U.S. states through a data center on tribal land. The company provides technical services to data centers and serves several New Jersey online gambling...

  • TRENTON, N.J.— A footwear magnate and a racetrack operator behind an effort to persuade New Jersey voters to approve casinos in the northern part of the state are ending the campaign. Former Reebok chairman Paul Fireman and Meadowlands Racetrack operator Jeff Gural said Thursday the political climate and voters' concerns about lack of detail about the...

  • BETHLEHEM, Pa.— Plans filed with an eastern Pennsylvania city indicate that Sands Casino is planning an expansion that would add restaurants, a separate poker room and give it the biggest casino floor in the state. The Morning Call reports plans filed by Sands Casino with Bethlehem's Department of Community and Economic Development show the facility wants to...

  • Mike Beebe on Wednesday said he opposes an effort to legalize casinos in three Arkansas counties, citing concerns that local voters wouldn't be able to decide for themselves whether to allow the expanded gambling. The Committee to Protect Arkansas' Values/Stop Casinos Now announced the former Democratic governor's opposition to the proposed...

  • Isle of Capri Casinos Inc., up $5.11 to $22.04. The casino and racetrack company agreed to be bought by Eldorado Resorts for $23 a share, or $950 million. Sarepta Therapeutics Inc., up $20.79 to $48.94.

  • '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...

  • Gambling faces higher taxes and tighter regulations in Europe, and a series of mergers has intensified competition as firms market themselves to younger sports fans betting via mobile apps. Rank, whose business is predominantly in Britain where it owns the Mecca Bingo and Grosvenor Casinos chains, was still scouting for deals, its head said on Tuesday, after...

  • Steve Wynn doubles down on Macau with new $4B casino

    CNBC's Susan Li takes a closer look at Steve Wynn's new $4 billion casino in Macau.

  • Olympic betting in full swing

    CNBC's Andrew Ross Sorkin takes a look at beating the odds in Vegas on the Olympics games.

  • Wynn Resorts Chairman and CEO Steve Wynn speaks at the Global Gaming Expo (G2E) 2014 at The Venetian Las Vegas on September 30, 2014 in Las Vegas, Nevada.

    Despite having known Donald Trump for over 30 years, Steve Wynn is surprised at the level of discourse this election.