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Casinos and Gaming

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  • Sands China: We are mass-market centric  Sunday, 17 Aug 2014 | 9:38 PM ET

    Edward Tracy, CEO of Sands China, explains why China's anti-graft drive won't impact the firm and discusses why he thinks fears about the impact of new regulatory curbs are overblown.

  • Aug 16- When the $2.4 billion Revel Casino opened its doors in 2012, the curvy blue-glass tower was hailed as the wave of the future for Atlantic City, New Jersey.

  • NEW YORK, Aug 15- Large global banks are facing increased pressure from U.S. regulators to clamp down on casino money-laundering as the government pushes the industry to police not only its own transactions but customers' as well.

  • Macau casinos to face headwinds until 2015: Pro  Thursday, 14 Aug 2014 | 10:35 PM ET

    Grant Govertsen, Principal Analyst at Union Gaming Group, expects Macau's gaming sector to remain soft until early next year amid a weaker-than-expected VIP market.

  • SAN FRANCISCO, Aug 14- A group of ex-gaming industry executives say they can use their design chops to solve a major health challenge: Sick patients neglecting to take their medication and costing employers and insurance providers billions of dollars.

  • Mass market to keep Macau casinos alive: CLSA  Thursday, 14 Aug 2014 | 6:33 PM ET

    Jon Oh, Research Analyst for the Gaming and Lodging sectors at CLSA, says Chinese mass market gamers can spur growth in Macau's gaming sector moving ahead.

  • New Jersey to hold summit to rescue Atlantic City Thursday, 14 Aug 2014 | 9:32 AM ET
    The Trump Taj Mahal, left, the Showboat Atlantic City Hotel and Casino, center, and Revel Atlantic City stand in Atlantic City, New Jersey.

    Christie and New Jersey Democrats have said Atlantic City's economy, heavily dependent on casinos, needs to be broadened.

  • New Jersey to hold summit to rescue Atlantic City Wednesday, 13 Aug 2014 | 6:39 PM ET

    Aug 13- New Jersey Governor Chris Christie said on Wednesday he would convene a bipartisan summit in September to seek ways to rescue Atlantic City from a slump in its mainstay casino business. Atlantic City has struggled with casino closures as neighboring states have lured gamblers away.

  • Casinos struggle, some advocate sports gambling Wednesday, 13 Aug 2014 | 3:36 PM ET

    Most states don't allow gambling on sporting events, but some argue it's time to change that to bring in revenue and regulation.

  • Legalizing sports betting  Wednesday, 13 Aug 2014 | 1:48 PM ET

    Should sports gambling be legal outside the state of Nevada? Bill Pascrell III, Princeton Affairs Group, and Scott Spreitzer, Pregame.com sports betting expert, provide perspective.

  • Next casino to close  Wednesday, 13 Aug 2014 | 1:45 PM ET

    CNBC's Morgan Brennan reports what some are saying about the next casino to potentially close.

  • Atlantic City casinos out of luck?  Wednesday, 13 Aug 2014 | 7:41 AM ET
    Atlantic City Boardwalk.

    Revel is the latest casualty for the struggling New Jersey gambling center. Tom Ballance, Borgata Hotel & Casino COO, reveals his plans to keep the doors open at Borgata. You have to give people a reason to drive here, says Ballance.

  • Fitch flags 2 more casinos  Tuesday, 12 Aug 2014 | 2:23 PM ET

    Revel Casino is the fourth casino in Atlantic City to close this year. Insight to the resort's closing, with CNBC's Morgan Brennan.

  • Pisani: Casino stocks not pretty  Tuesday, 12 Aug 2014 | 1:13 PM ET

    After news of Revel Casino in Atlantic City closing, CNBC's Bob Pisani looks at the action in other casino and gaming stocks.

  • Revel Casino fails to find buyer  Tuesday, 12 Aug 2014 | 1:10 PM ET

    Revel Casino in Atlantic City will be the fourth casino to close this year. CNBC's Morgan Brennan reports the casino is in bankruptcy.

  • AC's Revel to close after failing to find a buyer Tuesday, 12 Aug 2014 | 12:09 PM ET

    Atlantic City's Revel Casino Hotel says it will shut down in September after failing to find a buyer in bankruptcy court.

  • Aug 12- The bankrupt Revel Casino Hotel in Atlantic City, New Jersey, is set to close by Sept. 10 after failing to find a buyer, the casino said on Tuesday.

  • Aug 12- The bankrupt Revel Casino Hotel in Atlantic City, New Jersey, is set to close by September after failing to find a buyer, the casino said in a statement on Tuesday.

  • Revel Casino to close  Tuesday, 12 Aug 2014 | 9:15 AM ET

    Revel Casino in Atlantic City will close no later than September 10th after no bidders came forth to purchase the casino at auction. CNBC's Morgan Brennan reports.

  • No qualified bids for Atlantic City Revel: Report Monday, 11 Aug 2014 | 2:16 PM ET

    Revel's auction had already been postponed one week to allow for more time to review bids, court filings indicated.