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  • Huge changes, challenges about to hit NJ casino market Thursday, 28 May 2015 | 9:41 AM ET

    The issue of whether legalized gambling should be expanded beyond Atlantic City is now front and center due to a proposal for a casino at the Meadowlands Racetrack, and Gov. The proposal from Hard Rock and the Meadowlands comes as Atlantic City lost four of its 12 casinos last year. Speaking Thursday at the East Coast Gaming Congress, track owner Jeff Gural said...

  • Slow start, gradual improvement for US Internet gambling Wednesday, 27 May 2015 | 6:16 PM ET

    ATLANTIC CITY, N.J.— Internet gambling is off to a slow start in the United States, with banks hesitant to handle credit card payments for online bets and some politicians and casino moguls pushing to ban it, but there remains potential for great growth, participants in a major gambling conference agreed Wednesday. Three states currently offer Internet gambling:...

  • Amerco posts 4Q profit Wednesday, 27 May 2015 | 4:39 PM ET

    RENO, Nev. _ Amerco on Wednesday reported fiscal fourth-quarter profit of $9.5 million. The Reno, Nevada- based company said it had profit of 47 cents per share. Amerco shares have climbed 15 percent since the beginning of the year.

  • CHICAGO, May 27- The operating unit of Caesars Entertainment Corp received court approval on Wednesday to remain in control of its bankruptcy for another six months. Bankruptcy Judge Benjamin Goldgar in Chicago allows the country's largest casino operator to pursue its plan for cutting its $18 billion debt without the threat of a rival plan from creditors.

  • U.S. state April income tax revenue returns to growth Wednesday, 27 May 2015 | 3:35 PM ET

    May 27- U.S. state personal income taxes rebounded in the key revenue month of April, partly due to 2014' s strong stock market, after dropping a year ago, but collections have not fully stabilized since big increases in 2013.. Brian Sigritz, director of state fiscal studies at the National Association of State Budget Officers, said income tax revenue, boosted in part...

  • May 27- Toll Brothers Inc, the largest U.S. luxury homebuilder, reported a better-than-expected quarterly profit, helped by a lower tax provision. The market consists of Arizona, California, Colorado, Nevada and Washington. The company's shares fell as much as 3.7 percent to $35.63 on the New York Stock Exchange on Wednesday.

  • Drilling cutbacks drag down job growth in oil patch Wednesday, 27 May 2015 | 10:27 AM ET

    WASHINGTON— Hammered by cheaper oil, drilling firms have laid off workers and dragged job growth lower in states from Texas to North Dakota. Texas lost 8,300 jobs in the sector, the most in six years, while Wyoming lost jobs in the industry for the fifth straight month. Overall, Texas gained 1,200 jobs in April, a small expansion compared to its average monthly...

  • HONG KONG, May 27- As revenue plummets at China's only legal gambling hub, global casino operators have a new mantra- what happens in Vegas, must also happen in Macau. The latter's two new resort projects, worth $3.2 billion, open in Macau later on Wednesday. As well as the mainland's crackdown, Macau's government is forcing casino firms, also including SJM Holdings...

  • VANCOUVER/ TORONTO May 26- Barrick Gold Corp's first step to long-promised partnerships with China, as well as progress in reaching an ambitious debt-cutting goal, are turning skeptical investors warmer toward the world's biggest gold miner. Barrick said on Tuesday it would sell a stake in its Porgera mine in Papua New Guinea mine to China's Zijin Mining Group,...

  • World Series of Poker starts this week with new events Tuesday, 26 May 2015 | 2:39 AM ET

    The Colossus represents the lowest buy-in in 35 years with players ponying-up $565 each to win their share of a $5 million prize pool, with the winner likely walking away with nearly $600,000. The 45- year-old event now owned by Caesars Interactive Entertainment Inc. is also spreading the wealth for its $10,000 no-limit Texas Hold' em main event and hosting an...

  • MACAU— Macau is doubling down even as the odds change. Macau's casino operators are undaunted. They're also optimistic Beijing's support for Macau's long term development from a seedy, vice-ridden backwater into a glitzy Asian destination will draw a growing numbers of middle class families from across the region looking for more than just gambling.

  • CARSON CITY, Nev.— The Las Vegas Metro Chamber of Commerce, a major business group that has remained neutral on tax bills for most of the legislative session, said Monday that it would offer conditional and temporary support of Republican Gov. Representatives from mining, building, casinos and telecommunications are backing the plan in the name of improving...

  • EAST DUBUQUE, Illinois, May 25- Mario Enriquez says there's no real trick to getting great fuel mileage in a big truck. Enriquez averaged 9.74 miles per gallon from February to April in an International ProStar made by Navistar International Corp. For that, his employer, Mesilla Valley Transportation, awarded him a Nissan Versa compact car.

  • LAS VEGAS— A Nevada judge has decided a wrongful termination case against Macau- based Sands China Ltd. and Sands Chairman Sheldon Adelson can stay in Nevada largely because of the influence Adelson wielded over the company, often from several thousand miles away. Clark County District Court Judge Elizabeth Gonzalez issued her ruling Friday afternoon after...

  • PORTLAND, Ore., May 22- Oregon Governor Kate Brown expanded the state's drought emergency to eight more counties on Friday amid a devastating West Coast drought and warned that water shortages could be imminent and a tough fire season may be ahead. The new Oregon counties listed in a drought emergency are Deschutes, Grant, Jackson, Josephine, Lane, Morrow, Umatilla...

  • Shake Shack extends run on "chicken shack" talk Friday, 22 May 2015 | 2:04 PM ET

    NEW YORK— Shake Shack's shares surged to another record high Friday, fueled in part by speculation that the hamburger chain could be thinking about dishing out chicken. Last month, a unit apparently tied to Shake Shack's parent company applied to trademark the words "Chicken Shack" for chicken sandwiches. Earlier this month, Shake Shack Inc. reported...

  • ST LOUIS, May 22- A federal grand jury is probing a Los Angeles- area casino following allegations by state authorities the business allowed some players to evade transaction reporting requirements and possibly launder money, a source said. The grand jury is probing the operations of the Gardena- based Normandie Casino, the source said. Lauren Miller, general...

  • Felix Rappaport, president and chief executive officer of Foxwoods, said the 315,000- square-foot Tanger Outlets with 80 stores is intended to attract visitors who don't necessarily play the slot machines or work the poker tables. Foxwoods, which is promoting the Tanger Outlets with weekend activities that include a tightrope walk 80 feet up by Nik Wallenda,...

  • WASHINGTON, May 21- A surge in bank repossessions of properties last month pushed overall foreclosure activity across the United States to an 18- month high, according to a report by industry firm RealtyTrac released on Thursday. "In this particular market, an influx of distressed inventory could actually help stimulate sales during the spring and summer...

  • U.S. airlines ramp up competition, capacity in Dallas Wednesday, 20 May 2015 | 6:45 PM ET

    May 20- The shares of U.S. airlines plunged on Wednesday on concerns that several big carriers are gearing up for a fare war, with Dallas as ground zero. Southwest said the acquisition of two airport gates at its Dallas Love Field hub will contribute to the increase. American Airlines Group Inc President Scott Kirby said during a transportation conference on...