With the legalization of online gambling in the U.S., European gambling firms see a huge opportunity.» Read More
LOS ANGELES, May 22- Caesars Entertainment Group said it plans to go live this summer with an online poker site in Nevada, the only U.S. state so far to offer legal Internet gambling, and will promote the nascent service to thousands of poker players at its World Series of Poker tournament in Las Vegas starting May 29.
SAN FRANCISCO-- California- based chicken producer Foster Farms is recalling about 6,165 pounds of its ready-to-eat grilled chicken breast strips because the strips contain wheat and soy _ known allergens _ which are not listed on the labels of its packages, federal agriculture officials said.
ALBANY, N.Y.-- Senate Republican leader Dean Skelos confirmed a proposal to bring video slot machines to Long Island as part of negotiations to expand casinos. Andrew Cuomo and legislative leaders, Skelos said the discussion included video slot machines run by off-track betting agencies in Nassau and Suffolk counties.
CNBC has been ranking all 50 states for competitiveness since 2007. This year's report comes as states continue to get back in fighting shape—fighting for jobs, that is.
We score all the states on 55 measures of competitiveness and 10 categories, from the cost of doing business to technology and innovation.
Apple tax head Phillip Bullock told the Senate Permanent Subcommittee on Investigations on Tuesday that one of those companies, Apple Operations International, though it was functionally managed in the United States, had not submitted a tax return anywhere for five years.
LONDON, May 21- Bwin.party has targeted cost savings of 70 million euros this year as it joins other online gambling companies pulling back from markets where regulations are not clear cut.
PORTLAND, Ore.-- Umpqua Holdings is raising its quarterly dividend by 50 percent to 15 cents per share and also plans to pay a special dividend.
Another day, another domination for Taylor Swift: She was the red hot winner at the Billboard Music Awards. Swift won eight of 11 awards, including top artist and top Billboard 200 album for "Red."
WASHINGTON, May 17- Unemployment rates dropped in 43 out of the 50 U.S. states and in the District of Columbia in April from a year before, according to Labor Department data released on Friday. A handful of states, including Illinois, Delaware, Indiana, Wisconsin, Mississippi and New Hampshire saw their jobless rates rise over the year.
May 17- New Jersey announced another step on Friday that will bring it closer to launching online gambling, with plans to publish proposed regulations for Internet wagering on June 3.
CARSON CITY, Nev.-- Permits allowing Nevada livestock owners in drought stricken areas emergency access to water moves closer to law with an Assembly committee's nod of approval. It's a response to a system flaw revealed last year when ranchers tried to get water for their livestock during a drought in northeastern Nevada.
LAS VEGAS-- Nevada regulators have approved Pinnacle Entertainment Inc.' s buyout of rival Ameristar Casinos Inc.. Pinnacle Entertainment Inc. has said the acquisition would save it at least $40 million a year and boost earnings. Ameristar's holdings include casinos in Missouri, Iowa, Colorado, Mississippi, Indiana and Nevada.
ALBANY, N.Y.-- The Oneida Indians on Thursday signed a deal with Gov. Andrew Cuomo's administration and local governments that would guarantee them exclusive territory for their central New York casino in exchange for revenue payments to the state of around $50 million annually.
A New York Federal Reserve report suggests that college grads swamped by debt may be victims of forces greater than their willingness to pay.
CONVERSE COUNTY, Wyo.-- Wind farms in this corner of Wyoming have killed more than four dozen golden eagles since 2009, one of the deadliest places in the country of its kind.
HONG KONG, May 15- Hong Kong shares could start steady on Wednesday, with the Macau casino sector in focus after Galaxy Entertainment posted a record first quarter adjusted EBITDA of HK $2.8 billion. *Macau casino Galaxy Entertainment Group Ltd said it booked a record first-quarter adjusted EBITDA of HK $2.8 billion, up 29 percent from a year earlier.
May 14- Billionaire investor Daniel Loeb likely faces an uphill battle to convince Sony Corp to embrace his proposal to spin off its entertainment arm, but he likely already holds a winning hand in his bet on the Japanese electronics giant. Loeb and investors in his hedge fund Third Point Offshore are already reaping the benefits of a well-timed move into Japan.
LOS ANGELES, May 14- The Las Vegas Sands Corp said a Nevada state court had awarded Hong Kong businessman Richard Suen $70 million after he sued the company claiming it had failed to make good on a promise to pay him for helping it get permission to operate a Macau casino. Sands has said it won the Macau license without Suen's assistance.
NEW YORK/ WASHINGTON, May 12- When David Pendery, a corporate public relations specialist, decided to move his family from Colorado to Illinois this year for work, his biggest worry was whether he would be able to sell his home quickly. It took just three days.