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Casinos and Gaming

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  • OSAKA/ TOKYO, May 13- Moves towards legalising casinos in Japan have reignited a debate over the legal status of pachinko, with a potential new tax mooted for a $200 billion gaming industry that has existed for decades on the fringes of the law. With past links to organized crime, pachinko is not classified as gambling, which is illegal in Japan.

  • OSAKA/ TOKYO, May 11- Two U.S. billionaires are betting on rival cities, Tokyo and Osaka, to be the first in Japan to open casino resorts- once the government gives the go-ahead to legalise gambling.

  • OSAKA/ TOKYO, May 11- Two U.S. billionaires are betting on rival cities, Tokyo and Osaka, to be the first in Japan to open casino resorts- once the government gives the go-ahead to legalise gambling.

  • *Main opposition party says Sri Lanka has no real licences. COLOMBO, May 9- Sri Lanka will not oppose the casino planned for a $400 million mixed-use resort being developed by Australia's Crown Resorts Ltd if it is operated using an existing license held by a local partner, a top government official said on Thursday.

  • *China stocks bounce back on stimulus hopes. BEIJING, May 8- China shares are headed for their biggest one-day gain in a month on Thursday, as investors bet on further stimulus measures after the central bank warned of a deepening economic slowdown.

  • The fight on Sunday between Crown Resorts Ltd Executive Chairman Packer and David Gyngell, chief executive of Nine Entertainment Group, left Packer with a black eye and a bruised reputation after photographs of the violence were published around the world.

  • The fight on Sunday between Crown Resorts Ltd Executive Chairman Packer and David Gyngell, chief executive of Nine Entertainment Group, left Packer with a black eye and a bruised reputation after photographs of the violence were published around the world.

  • TOKYO, May 7- A lawyer for Japan's Universal Entertainment Corp offered to pay a former Universal employee if he retracted a claim that the company had given bribes to advance a Philippine casino project and stopped cooperating with investigators, according to a copy of the proposal seen by Reuters.

  • Bond-fund managers at Loomis Sayles, Fidelity and Eaton Vance are trouncing their benchmarks and almost all their peers by taking advantage of asset allocation rules that permit as much as 35 percent of their holdings in stocks.

  • Sands China: Parisian Macao to open on time     Monday, 5 May 2014 | 9:35 PM ET

    Edward Tracy, President & CEO of Sands China, discusses the firm's latest project, the Parisian Macao, its fourth property at the Cotai Strip Resorts.

  • Marriott Marquis hotel in New York

    About 1.8 million Chinese tourists visit the U.S. each year and that number is expected to rise 20 percent annually.

  • LAS VEGAS, May 2- A Nevada state judge ruled on Friday that a civil lawsuit between Wynn Resorts and Japanese billionaire Kazuo Okada could proceed, rejecting the U.S. government's request to keep it on hold for another six months to protect the identity of witnesses in a criminal probe into Okada's business in the Philippines.

  • HONG KONG, May 2- Macau, the world's casino capital, raked in 31.3 billion patacas in gambling revenue in April thanks to strong spending by Chinese visitors keen to place their bets in the country's only legal casino hub.

  • HONG KONG, May 2- Macau, the world's casino capital, raked in 31.3 billion patacas in gambling revenue in April thanks to strong spending by Chinese visitors keen to place their bets in the country's only legal casino hub.

  • 10 people who made it big or lost it all in Vegas Wednesday, 30 Apr 2014 | 11:41 AM ET

    Some people who come to Las Vegas make a fortune and some lose their life savings. See the people who made it big or lost it all in Sin City.

  • Lukas Podolski of Arsenal in the Emirates' A380 flight simulator on October 31, 2013 in Greenwich, England.

    Emirates Airline, the world's largest operator of A380s, offers aspiring pilots "flights" to any of a dozen major airports around the world.

  • COLOMBO, April 25- Sri Lanka's parliament approved a $400 million development by Australian casino operator Crown Resorts Ltd on Friday, but said it would not be allowed to open a casino there.

  • *Packer's Crown Resorts won cabinet approval for projects in September. COLOMBO, April 24- Hundreds of Sri Lankan opposition party members held a protest march in Colombo on Thursday, calling on the government to stop Australian gambling tycoon James Packer from opening casinos in hotel projects planned by his Crown Resorts group.

  • *Packer's Crown Resorts won cabinet approval for projects in September. COLOMBO, April 24- Hundreds of Sri Lankan opposition party members marched in protest in Colombo on Thursday to pressure the government to stop Australian gambling tycoon James Packer from opening casinos in hotel projects planned by his Crown Resorts Ltd..

  • SAN FRANCISCO, April 23- Zynga Inc co-founder Mark Pincus is relinquishing the last of his operational duties at the social gaming company starting on Wednesday and retreating to an advisory role as Chief Executive Officer Don Mattrick pushes through a restructuring plan.