Enter multiple symbols separated by commas

Casinos and Gaming


  • 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...

  • Boston expands lawsuit against state gambling commission Thursday, 21 May 2015 | 10:33 AM ET

    BOSTON— An amended lawsuit filed by the city of Boston is asking a judge to bar the current Massachusetts gaming regulators from any future action on the $1.7 billion casino proposed for neighboring Everett. Mayor Marty Walsh announced Thursday the city amended its complaint that challenges the Massachusetts Gaming Commission's decision to award Wynn...

  • ATLANTIC CITY, N.J.— The crucial summer season will start with three Atlantic City casinos in bankruptcy and one beset by regular pickets and protests. Union members picketed Thursday evening outside the Trump Taj Mahal, in their seventh protest against the casino or soon-to-be-owner Carl Icahn over health insurance and pension benefits canceled by a...

  • Under that agreement, the state receives 25 percent of the slot machine revenue generated at the tribes' Foxwoods Resort Casino and Mohegan Sun while the tribes have exclusive rights to casino gambling in Connecticut. Jepsen said the original legislation could make it easier for other Connecticut tribes to open casinos if they win recognition and could be...

  • Macau is slowing but party's not over: James Packer Tuesday, 19 May 2015 | 1:50 AM ET

    The downturn in Macau has been far sharper than anticipated, says billionaire gaming mogul James Packer, but he insists the party is not over yet.

  • Having Nobu in Melco's business mix is great: Pro

    Jonathan Galaviz, partner at Global Market Advisors, says the opening of a Nobu Hotel in the City of Dreams Manila is a great idea, but in the long run, the brand management of Nobu will be key.

  • When will City of Dreams Manila be profitable?   Monday, 18 May 2015 | 6:19 PM ET
    When will City of Dreams Manila be profitable?

    Lawrence Ho, CEO and chairman of Melco International and James Packer, chairman of Crown Resorts, outline their expectations for when the City of Dreams Manila could become profitable.

  • May 18- TPG Capital LP may have helped its own campaign to go public after pulling Par Pharmaceutical Holdings Inc's IPO. TPG was preparing to begin an IPO investor roadshow for Par Pharmaceutical Holdings before it agreed to sell the generics drugmaker to Endo International Plc for around $8 billion. Founded in 1992 by David Bonderman and James Coulter, San...

  • What you didn't know about carpets at casinos   Friday, 15 May 2015 | 2:51 PM ET
    What you didn't know about carpets at casinos

    CNBC's Jane Wells reports on how casinos replace carpets.

  • King Digital beats Street 1Q forecasts Thursday, 14 May 2015 | 6:09 PM ET

    DUBLIN _ King Digital Entertainment PLC on Thursday reported first-quarter net income of $164.1 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 54 cents per share. Four analysts surveyed by Zacks expected $592.5 million.

  • What happens to old casino carpet?   Thursday, 14 May 2015 | 1:00 PM ET
    What happens to old casino carpet?

    Why is casino carpet so busy, and what happens to the old carpet when it's replaced? The Pechanga Resort & Casino in California explains that it turns old carpet into new carpet padding.

  • Somerset developers withdraw from casino race Thursday, 14 May 2015 | 12:31 PM ET

    BOSTON— Developers of a proposed Somerset casino have withdrawn from the competition for Massachusetts' third and final resort casino license, leaving two proposals in the running: one for New Bedford's waterfront and another for the Brockton Fairgrounds. With Somerset officially out of the competition, attention now shifts to New Bedford and Brockton.

  • That ugly casino carpet? Here's what's under it Thursday, 14 May 2015 | 12:18 PM ET
    Another busy carpet. The casino floor at Caesars Palace, Las Vegas.

    CNBC looks at those busy casino carpets and the surprising thing that is under them.

  • The Las Vegas Strip hotel-casino that once hosted Frank Sinatra, Liberace and other big-name performers closed May 4, and a liquidation sale opened to the public there Thursday. The Riviera Hotel and Casino's new owners— the Las Vegas Convention and Visitors Authority— plan to demolish the 60- year-old building by year's end and replace it with an expanded...

  • Internet gambling revenue increases after a slow start Wednesday, 13 May 2015 | 2:13 PM ET

    ATLANTIC CITY, N.J.— Internet gambling revenue is showing some encouraging gains in New Jersey after a fairly slow start. Revenue figures released Wednesday by the state Division of Gaming Enforcement show Atlantic City's casinos won $12.6 million from customers gambling online in April, up more than 11 percent compared to a year ago. Overall, including...

  • Cincinnati racino off to slow start in first year Wednesday, 13 May 2015 | 10:57 AM ET

    CINCINNATI— Officials with the year-old race track and casino facility in eastern Cincinnati said they are disappointed with its revenues, which accounted for the smallest slice of Ohio's $1.5 billion gambling market. Belterra Park Gaming has averaged $4.6 million in revenue each month, but officials hoped those figures would reach at least $7.5 million,...

  • BOSTON, May 12- A union representing workers in New Jersey gambling hub Atlantic City said on Tuesday it asked the state's top prosecutor to investigate Herbalife Ltd, saying it is worried the nutrition supplements company could "prey" on unemployed workers in the casino industry. Unite Here Local 54 is the latest group to ask officials across the United States...

  • DOD: Employees spent $1M at strip clubs, casinos Thursday, 7 May 2015 | 12:03 PM ET
    Croupier holding cards a blackjack table

    No taxpayer dollars were spent on the transactions, and some employees have already been disciplined, officials told NBC News.

  • What happens in Vegas doesn't always stay in Vegas

    Another Las Vegas icon is gone, as the Riviera Casino closes its doors after 60 years on the strip.

  • For Macau casinos, a period of stabilization beckons?

    Grant Govertsen, managing director of Union Gaming Securities Asia, outlines the factors that could reinvigorate Macau's gaming sector.