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Casinos and Gaming

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  • 'Candy crush' maker files for IPO     Tuesday, 18 Feb 2014 | 2:48 PM ET

    Re/code Senior Editor Peter Kafka discusses King Digital Entertainment's IPO and Zynga's profitably.

  • Stanley Ho's SJM makes fresh start with new Macau casino Thursday, 13 Feb 2014 | 11:25 PM ET

    MACAU, Feb 14- Macau gambling kingpin Stanley Ho helped put the former Portuguese colony on the map 40 years ago with the fluorescent, onion-shaped Casino Lisboa. Now, the pioneer of old Macau is creating a new landmark- a $3.9 billion resort that will be one of the final projects to open on China's booming Las Vegas-style Cotai strip.

  • Feb 13- The websites of Las Vegas Sands' casinos around the world on Thursday remained down for a third straight day, as the company and U.S. federal investigators race to unravel a hacking attack that defaced home pages and also exposed sensitive employee information.

  • Hackers hit Sheldon Adelson's casinos Wednesday, 12 Feb 2014 | 10:52 AM ET
    Las Vegas Sands Corp, The Venetian.

    Intruders displayed employee information, a picture of Adelson with Benjamin Netanyahu, and images of casinos engulfed in fire. NBC reports.

  • Fight is on over Internet gambling     Wednesday, 12 Feb 2014 | 10:43 AM ET

    Former Gov. George Pataki, R-N.Y., discusses his efforts to ban online gambling and the launch of The Coalition to Stop Internet Gambling first web campaign.

  • Feb 10- U.S. casino operator Caesars Entertainment Corp is working with investment bank Lazard Ltd on a financial restructuring, a person familiar with the matter said. Caesars, which operates the Caesars Palace and Flamingo casinos on the Las Vegas Strip, is saddled with more than $16 billion in debt, according to Thomson Reuters data.

  • *JD.com could be second-biggest Chinese IPO in the United States. Some 30 Chinese companies could list in the United States this year, according to investment bankers interviewed by Reuters.

  • SINGAPORE, Feb 10- It was while hunting for monsters in a virtual cave that Bend Henmoko Madio met his community and realised why companies are adapting online video games to suit the different languages, tastes and mobile devices in Southeast Asia.

  • LaGuardia Airport in New York

    LaGuardia Airport is on track for a $3.6 billion overhaul that should remove it from a number of travelers' "most-hated" lists.

  • *Genting Singapore, Landing International to develop $2.2 bln South Korea casino resort. HONG KONG, Feb 7- Casino operator Genting Singapore and Chinese property developer Landing International Development will develop a $2.2 billion casino resort in South Korea, joining global gaming firms rapidly expanding across Asia to court wealthy Chinese punters.

  • Hotel data breach went undetected for nine months Thursday, 6 Feb 2014 | 4:47 PM ET

    Customers at 14 hotels in eight states will get free credit monitoring for a year after a data breach.

  • *Macau casino shares rebound after recent sell-off. *CITIC 21 CN drops 24.1 pct after Alibaba denies takeover talks. Feb 6- Hong Kong shares rose from their lowest in almost seven months on Thursday, helped by strong gains in energy and Macau casino sectors, as investors covered short positions in some battered companies after a recent sell-off.

  • Time to go all in on Macau casino stocks?     Wednesday, 5 Feb 2014 | 9:17 PM ET

    Mark Tinker, Head of AXA Framlington Asia at AXA Investment Managers Asia, says Macau's cashflows and strong fundamentals indicate the gaming sector remains attractive.

  • Tabcorp CEO: Well positioned for growth in H2     Wednesday, 5 Feb 2014 | 8:36 PM ET

    David Attenborough, CEO of Tabcorp, says strength in the firm's diversified gambling businesses helped the company grow 5.4 percent in the first half of the year.

  • Smoker-friendly hotel rooms get their own website Wednesday, 5 Feb 2014 | 4:47 PM ET

    As some hotel chains are going smoke free, smokers can search 250,000 smoking-allowed rooms on a new booking website.

  • Feb 5- Hong Kong shares finished at seven-month lows on Wednesday, pressured by a reversal of early gains for the Macau casino sector after monthly revenue data disappointed investors. Wednesday's losses came in relatively lackluster turnover, with much focused on Macau casino stocks.

  • HONG KONG, Feb 5- Gaming revenues in Macau, the world's casino capital, grew at the slowest pace in 15 months in January, raking in a lower-than-expected 28.7 billion patacas, due to tempered spending by Chinese visitors ahead of a national holiday.

  • HONG KONG, Feb 5- Macau, the world's casino capital, raked in 28.7 billion patacas in gambling revenues for the first month of 2014, boosted by Chinese visitors flocking to the country's only legal casino hub ahead of a week-long national holiday.

  • China slowdown won't affect us: Sands China     Wednesday, 29 Jan 2014 | 9:43 PM ET

    Edward Tracy, CEO of Sands China, says the casino's mass market position will help it weather through China's economic slowdown, liquidity fears and a crackdown on luxury spending.

  • TIGARD, Oregon, Jan 29- TPG Capital LP, a private equity firm that is behind some of the world's largest leveraged buyouts, said on Wednesday it was asking some of its key investors for up to $2 billion to spend on deals until it raises a new $10 billion flagship fund.