March 3- The operating unit of casino company Caesars Entertainment Corp unveiled its plan to cut $10 billion of debt and to exit Chapter 11 in a late Monday filing with a U.S. Bankruptcy Court. Bankruptcy Judge Benjamin Goldgar in Chicago and creditors, a process that can easily take a year. The plan was filed on Monday when the parent company Caesars...» Read More
CNBC's Jane Wells reports on the expansion of the gaming industry in the U.S.
Sept 30- An affiliate of Brookfield Asset Management has topped Florida real estate developer Glenn Straub's $90 million bid for the bankrupt Revel Casino Hotel in Atlantic City, the Wall Street Journal reported, citing sources.
A new park and arena is being built as casino alternatives in Las Vegas, reports CNBC's Jane Wells.
A bankruptcy court auction for Revel, the failed luxury casino-hotel on the Atlantic City Boardwalk, is scheduled to resume.
CNBC's Jane Wells provides a sneak peek on how the gaming industry is changing its strategy to attract new customers into the casinos.
Sept 29- The Florida developer who entered the first bid in an auction for Atlantic City, New Jersey's Revel Casino Hotel, which closed its doors this month, said on Monday he plans to challenge the results if he loses, because the process lacked transparency.
The Florida developer who entered the first bid in an auction for Atlantic City, New Jersey's Revel Casino Hotel says the process lacked transparency.
*Tokyo government downgrades casino project. TOKYO, Sept 29- Plans to open Japan's first casino in Tokyo before the 2020 Olympics are becoming increasingly unlikely, with developers facing skyrocketing building costs and a city government that no longer considers casino development an economic priority.
Fewer than 10,000 workers could get the new minimum raise adopted by the Los Angeles City Council.
Wynn, 72, and his company Wynn Resorts Ltd filed suit against Chanos, founder of New York- based hedge fund Kynikos Associates LP, in federal court in San Francisco.
HONG KONG, Sept 26- Hong Kong's main share index opened down on Friday following New York's fall, but losses were pared by rebounding casinos, while mainland markets were tepid. The China Enterprises Index of the top Chinese listings in Hong Kong was off 0.4 percent.
MACAU, Sept 25- Macau's casino junket operators are feeling the squeeze as China's anti-corruption drive has blown a hole in the world's biggest gambling hub.
Carl Icahn is mulling whether to infuse the Trump Taj Mahal with $100 million, but only with a specific set of caveats, the New York Post reports.
Wells Fargo released a bearish report on Macau as revenues fell for the third consecutive month, reports CNBC's Morgan Brennan.
Donald Trump on Tuesday took to social media to say he's considering buying back into bankrupt casinos Trump Plaza and Trump Taj Mahal.
The casino crisis continues in Atlantic City, reports "Squawk Box's" Becky Quick.
A fourth Atlantic City casino is going out of business.
Here are the names that Pimco's Mark Kiesel believes are the best investment opportunities right now.
Sept 15- The bankrupt Revel casino hotel in Atlantic City will go to auction on Sept. 24, a judge ruled on Monday, after the only bidder clashed with creditors who wanted to slow the rushed sale.
While at the MGM Grand for the Floyd Mayweather fight, billionaire investor Warren Buffett decided to branch out from stock picks and bet on a sports book.