GO
Loading...

Gambling

More

  • TOKYO, Oct 22- Japan's plan to open up to casino gambling has been delayed again, three people familiar with the process said, dealing a blow to one of Prime Minister Shinzo Abe's policy priorities and to hopes the first resort will open in time for the 2020 Tokyo Olympics. Companies such as Las Vegas Sands Corp and Caesars Entertainment Corp are vying to win the...

  • Casino firms spend heavily to fight repeal of law Tuesday, 21 Oct 2014 | 4:35 AM ET

    BOSTON— Casino companies that have been awarded licenses in Massachusetts donated $4.5 million this month to a group fighting repeal of the state's casino gambling law, according to campaign finance records. Wynn Resorts plans a $1.6 billion resort casino in Everett, and the company, led by Las Vegas gambling mogul Steve Wynn, was awarded the coveted eastern...

  • TORONTO, Oct 20- Amaya Gaming Group Inc, which has pivoted to focus on the fast-growing online gambling market, said on Monday it is exploring a sale of its Cadillac Jack subsidiary that makes slot machines and electronic bingo games for casinos. Amaya said its strategic review process will consider varied alternatives for the Cadillac Jack business with the...

  • NFL, other leagues sue on New Jersey sport betting Monday, 20 Oct 2014 | 5:38 PM ET
    NFL Commissioner Roger Goodell (L) and New Jersey Gov. Chris Christie attend a ceremony for the NFL Super Bowl Host Committee, February 1, 2014 in New York City.

    The NFL and other sports leagues filed a lawsuit against New Jersey to fight sports betting in the state.

  • TORONTO, Oct 20- Amaya Gaming Group Inc, which has pivoted to focus on the fast growing online gambling market, said on Monday it is exploring a sale of its Cadillac Jack subsidiary that makes slot machines for casinos. Earlier this summer, Montreal- based Amaya closed on the $4.9 billion takeover of Rational Group, operator of online gambling website PokerStars,...

  • TOKYO, Oct 20- Japan's plan to legalize casino gambling has likely been delayed again, a senior official said on Monday, dealing a further political blow to Prime Minister Shinzo Abe. Casino operators including Las Vegas Sands, Genting Singapore, MGM Resorts and Melco Crown Entertainment are waiting in the wings as potential investors in what analysts say is one...

  • Judge voids Taj Mahal casino union contract Friday, 17 Oct 2014 | 2:07 AM ET

    ATLANTIC CITY, N.J.— The Trump Taj Mahal Casino Resort may survive after all, but it's likely to do so with angry employees. A federal bankruptcy judge in Delaware on Friday voided the struggling casino's contract with its union workers, giving owner Trump Entertainment Resorts a big part of its plan to keep the casino open and save its 3,000 jobs.

  • Lottery officials launch new multi-state game Friday, 17 Oct 2014 | 1:20 AM ET

    DES MOINES, Iowa— A new lottery game that features more but smaller jackpots will start this weekend in some U.S. states. The Monopoly Millionaires' Club game has $5 tickets that will be sold starting Sunday in 23 states. The game will have a niche audience that won't compete with Powerball and Mega Millions, the two other national games, according to Rebecca...

  • *Hong Kong rebounds, cheered by casinos. SHANGHAI, Oct 17- China shares fell by midday on Friday, on track for their biggest weekly decline in four months, hit by worries over the economy as well as expected tightness in liquidity ahead of a slew of new share offerings. Hong Kong shares rebounded slightly, tracking a recovery in global markets, as casino stocks gained...

  • New Jersey will OK real-money skill gambling Thursday, 16 Oct 2014 | 2:12 AM ET

    But New Jersey gambling regulators want to let you do it for real money. The state Division of Gaming Enforcement says it is seeking game developers' proposals to conduct real-money gambling on skill-based games, which would make New Jersey a nationwide laboratory for a betting phenomenon many have predicted will become the next big thing.

  • Las Vegas Sands 3Q revenue drops, profit grows Wednesday, 15 Oct 2014 | 4:54 PM ET

    LAS VEGAS— International gambling destination Macau continued to pose a challenge for casino giant Las Vegas Sands Corp. in the third quarter. Sheldon Adelson, the company's CEO and chairman, remained bullish on Macau and expansions into other Asian gambling markets during a conference call with investors and analysts Wednesday. But the win-rate at the Las...

  • Atlantic City casino closings hurt revenue toll Wednesday, 15 Oct 2014 | 2:15 PM ET

    ATLANTIC CITY, N.J.— The loss of four casinos began to show up in Atlantic City's gambling revenues in September, which were nearly 13 percent less than they were a year ago before the lights started going out. Figures released from the state Division of Gaming Enforcement show the casinos took in $147.8 million at the slot machines, down 16.6 percent from a year ago,...

  • How 'triad' gangs fit in with Hong Kong protests Tuesday, 14 Oct 2014 | 3:27 PM ET

    Some experts say the Chinese underworld gangs' far-flung business ventures make any motives for attacking pro-democracy demonstrators unclear.

  • Floyd Mayweather scores $1.4M on a bet on the Colts Tuesday, 7 Oct 2014 | 6:05 PM ET
    Boxer Floyd Mayweather Jr. attends the 2014 ESPY Awards in Los Angeles, July 16, 2014.

    Floyd Mayweather takes home $1.4 million in one bet on the Colts. USA Today reports.

  • MACAU, Oct 6- Gambling revenue in the world's biggest gaming hub Macau recorded their steepest drop in more than five years in September as China's campaign against corruption and a slowing economy kept big-spending customers away. Revenues of Macau's 35 casinos fell 11.7 percent to 25.6 billion patacas in September from 29 billion patacas in the same month a...

  • MACAU, Oct 6- Gambling revenue in the world's biggest gambling hub Macau fell 11.7 percent in September on an annual basis, the fourth consecutive monthly decline this year, as Beijing's campaign against corruption and falling housing prices in China sapped demand from big-spending customers. Gambling revenue from Macau's 35 casinos fell to 25.6 billion...

  • Oct 3- Trump Taj Mahal failed on Friday to get approval from a U.S. Bankruptcy judge to end payments to the casino's union pension fund, which had been a key condition for a Carl Icahn- backed deal to rescue the gambling complex in Atlantic City, New Jersey. Bankruptcy Judge Kevin Gross in Wilmington, Delaware, said he lacked authority to allow Trump Entertainment...

  • *Industrial action becoming more frequent in Macau. HONG KONG, Oct 3- Hundreds of casino workers in gambling hub Macau walked off the job on Friday to demand higher wages and better benefits, a union leader said, the latest in a wave of labor unrest to hit casino operators also facing shrinking revenues. The protest by the MGM workers comes a month after about 1,000...

  • *Industrial action becoming more frequent in Macau. HONG KONG, Oct 3- Hundreds of casino workers in gambling hub Macau walked off the job on Friday to demand higher wages and better benefits, a union leader said, the latest in a wave of labour unrest to hit casino operators also facing shrinking revenues. The protest by the MGM workers comes a month after about 1,000...

  • HONG KONG, Oct 3- Hundreds of casino workers in gambling hub Macau plan to walk off the job on Friday to demand higher wages and better benefits, a union leader said, the latest in a wave of labour unrest to hit casino operators also facing shrinking revenues. Dealers at the flagship casino of MGM China Holdings Ltd, a unit of U.S.-based MGM Resorts International, plan...