NEW YORK-- Standard& Poor's Ratings Services on Wednesday raised its corporate credit rating on casino operator Las Vegas Sands Corp. based on plans to refinance some of its debt. It also raised its rating on Las Vegas Sands' Macau senior secured credit facilities to "BBB-" from "BB+", in line with the upgrade of the corporate credit rating.» Read More
Jim Murren, Global CEO, MGM Resorts International sees strong opportunities in Asia and Toronto. He also says MGM has strong plans to build a larger resort in Cotai, Macau.
The Fast Money traders weigh in on whether casinos are a remedy for Spain's ailing economy. The Las Vegas Sands may gamble on a $35 billion complex in Spain.
Sands China’s $4 billion integrated resort on Macau’s Cotai Strip that opens on Wednesday could help the Las Vegas headquartered firm challenge some of Asia’s biggest casino operators for leadership in the region, say gaming analysts.
Grant Govertsen, Principal Analyst, Union Gaming Group is bullish on Macau's gaming market, and is particularly excited about the high growth potential of the mass market gaming segment.
CNBC's Mary Thompson says a lot of people are betting on Revel Entertainment's new casino in Atlantic City, New Jersey.
CNBC's Brian Shactman reports under the radar stocks investors should keep an eye on.
CNBC's Brian Shactman breaks down today's big movers including two downgrades at Stifel Nicolaus, and Avon's rejection of a takeover bid from Coty.
A lot rests on the Revel, a 47 story property with a mirrored facade reflecting the sand, sea and sky right at its doorstep. New Jersey lawmakers are hoping the 20 acre resort casino will attract the new clients and added gambling revenue Atlantic City so desperately needs.
Weighing in on how travel and leisure stocks are faring around the world, with Jake Fuller, Lazard Capital Markets analyst. U.S. travel is strong and European travel is weakening, he says.
CNBC's Brian Shactman breaks down where gamblers are regionally focused.
CNBC's Jane Wells has been hitting the streets speaking with people who did not get lucky enough to win the Mega Millions jackpot.
CNBC's Gary Kaminsky explains how to manage your lottery winnings.
A bit of luck and a lot of new investors are what Atlantic City needs right now, reports CNBC's Mary Thompson.
Discussing America's gambling obsession, the rise in gaming stocks, and whether it's time to double-down on high flier, Shuffle Master, with Dennis Forst, KeyBanc Capital Markets, and Joshua Brown, "Backstage Wall Street" author. Also, from boom to bust: a look at Connecticut's Foxwoods Casino, now saddled with more than $2.3 billion dollars in debt, with Michael Sokolove, New York Times Magazine.
Chad Mollman, Morningstar analyst, discusses whether you should buy or sell Caesars.
With Galaxy Entertainment's net profit coming in below expectations, Andrew Leung, Chairman, Andrew Leung International Consultants, says its Macau casino is targeting China's growing middle class, which is seeing rising household incomes. He adds the Guangzhou-Zhuhai railway built to bring Chinese to Macau will increase Galaxy's business.
CNBC's Jane Wells reports outside the courthouse in Las Vegas on the latest developments in the hearing between Steve Wynn and his largest shareholder, Japanese billionaire Kazuo Okada. Harry Curtis, Nomura Securities, weighs in on the trade on WYNN, given some of the litigation risk, and the gambling sector, with the Fast Money traders.
Discussing Caesars Entertainment's small offering last month and whether there will be more shares to come, with Gary Loveman, Caesars CEO.
CNBC's Jane Wells has the story on why Wynn Resorts stock was halted over confusion about a regulatory filing.
Wynn Resorts created a stir Friday morning when it mistakenly sent a regulatory filing to the SEC about a potential land deal for a second resort in Macau