HONG KONG, July 21- Hong Kong shares sagged on Monday, though the Macau gambling sector regained momentum following losses last week stemming from a corruption probe and disappointing earnings. Galaxy Entertainment Group and Sands China were the standout winners on the Hang Seng, up 3.1 and 2.3 percent respectively.» Read More
Get Cramer’s favorite tech, semiconductor, retail, gaming and food trades on the Middle Kingdom.
Steve Wynn says Americans are afraid. He’s just angry. “Washington is unpredictable these days,” declares the CEO of Wynn Resorts.
After a stinging end to the season for the Cleveland Cavaliers following Thursday's playoffs elimination by the Boston Celtics, many basketball fans are speculating where the reigning back-to-back league MVP might end up for the upcoming 2010-11 season.
Casino revenues in the nation's second-largest gambling market were down less than 1 percent in April, indicating a prolonged slide may finally be leveling off.
Sen. Claire McCaskill called Goldman Sachs "the bookie" in selling synthetic CDOs. Now, real bookies are putting odds on what happens next to the Wall Street giant.
Wynn Resorts is considering moving its global headquarters from Las Vegas to Macau, said its Chairman & CEO, Steve Wynn, in an interview Wednesday with CNBC.
Take advantage of a classic buying opportunity as Wynn lags on MGM Mirage's disappointing guidance, Cramer says. Why? It's all about China.
Just in time for Goldman's CDO case, the creators of the raunchy puppet Broadway hit "Avenue Q" offer an explanation of what a CDO is — and how you get rich off of it!
They say the only things certain are death and taxes. But tax returns — well, those are anybody's guess. Enter YouWager.com, a site that's now taking bets on your tax return.
Kentucky officials have opened a new front in the fight against internet poker, suing the owners of Full Tilt Poker, the US-oriented gambling site, to recover five years’ of losses by residents of the state.
Forget about simply betting on Tiger Woods to win the Masters, British bookmakers are taking wagers on whether the No. 1 player in the world will hit a tree on his first drive or if he'll kiss an anonymous blonde before teeing off.
In contrast to Warren Buffett's long-term optimism for America's economic future, Charlie Munger has a more gloomy outlook. Buffett's long-time business partner and 'right-hand man' is getting some online interest with a parable "about how one nation came to financial ruin."
Prop bets have not only become good radio talk show fodder, but they've also become a good revenue stream for bookmakers.
Billionaire investor Carl Icahn is closer to buying the unfinished Fontainebleau Las Vegas casino-resort on the Strip after two other bids failed to satisfy bankruptcy auction rules.
On a recent Sunday in the sports book at the M Resort in nearby Henderson, gamblers seeking action on professional and college football games were engaging in a much different ritual: betting through hand-held devices no larger than a smartphone.
Las Vegas Sands’ Singapore casino resort is on track to open end of March, but may face delays depending on the weather, said its chairman, Sheldon Adelson.
How much do you know about illegal gambling? Take the following quiz and find out.
CNBC Investigates takes you inside the high-stakes world of illegal gambling where some people are cashing in while others face prison terms or even death.
As you've heard by now, Tiger Woods lost his first endorsement deal on Sunday night as global consulting company Accenture announced their deal with Woods had been immediately terminated.
In the world of illegal gambling, sporting events are far and away the biggest money maker. Click to see the top sports for illegal gambling.