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
Sands China's IPO price is too expensive and that is why Credit Suisse has an underperform rating on the stock, with a target price of HK$8.50, revealed its research analyst, Gabriel Chan.
In what may be the nastiest spat since the days when Vegas handled disputes outside of court—if you get my meaning—Watanabe has filed a lawsuit accusing Hurrah's of plying him with alcohol and prescription drugs in an attempt to keep him gambling. In the end, he says he lost more than $100 million.
Whether the economy is in a boom or a bust, the so-called "sin stocks" are supposed to be business as usual either way. In reality though, many of the stocks trading in the gambling, drinking and adult entertainment sectors have proven to be extremely volatile of late.
Despite a struggling gaming industry, Wynn Resorts CEO Steve Wynn said a hospitable staff allowed Wynn Macau shares to close 7 percent higher than their IPO price of $10.08 Hong Kong dollars.
Vegas stocks have been on fire lately, but is there really anything exciting at the casinos that’s going to draw people to the Strip? You might be surprised!
Casinos and lotteries in most states are reporting a downturn in revenue for the first time, resulting in a drop in the money collected by state and local governments, according to new state data.
For months, Atlantic City has been dreading the opening of a new casino in Bethlehem, Pa., a short drive from some of its best markets in northern New Jersey and New York.
Tickets for the chance to see British tennis hopeful Andy Murray play in the men’s final of the Wimbledon championship have been rocketing in price, with one tout offering to sell centre court tickets for £20,000 ($32,636) each, according to media reports.
One of the largest mass layoffs in recent Russian history is to occur on Wednesday, and the Kremlin itself is decreeing it, economic crisis or not.
I'm here at the media center at the US Open and the common subject of "Would you bet against Tiger?" came up. It's a fun game to play—Tiger or the field?
Billionaire casino owner Sheldon Adelson (like “Saddle”) celebrated the grand opening of another casino yesterday. Not in Vegas but Bethlehem. Yes you’re reading this correctly, Bethlehem, Pennsylvania’s “Sands Casino Resort.”
Opening a new front in the government’s battle against Internet gambling, federal prosecutors have asked four American banks to freeze tens of millions of dollars in payments owed to people who play poker online.
Executives of some European gambling companies are whispering that they may get a second chance in the United States.
This might be the craziest sentence you'll read all day: ONLINE SPORTSBOOK IS BETTING AGAINST THE LOS ANGELES LAKERS.
Many people are fans of Vince Offer, the ShamWow! guy who is now offering up the Slap Chop. The big laugh line in the Slap Chop commercial is "you're going to love my nuts." Tune in at 36 seconds in to hear the phrase.
I haven’t been too impressed with the print advertising Accenture has rolled out since they signed Tiger Woods many years ago.
Wealthy buyers will be flocking the Fasig-Tipton horse sale today at the Calder Racetrack in Miami to bid on thoroughbreds in the two-year-old-in-training sale.
Never has a sports star returned from major surgery with so few doubters. After an eight-month absence, Tiger Woods was a heavy 4-to-1 favorite to win the WGC-Accenture Match Play Championship.
As you might know, I am a big fan of tennis player Ana Ivanovic. That means any time we come across some new photos or ads, I'm going to post them.
Thank you to everyone who submitted their best caption to our photo yesterday. We received more than 300 entries from all over the world, including captions from Guatemala, Australia and South Africa.