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Casinos and Gaming

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  • June 11- Goldman Sachs Group Inc will pay $67 million and Bain Capital Partners LLC will pay $54 million to settle their portions of a lawsuit accusing several of the world's largest private equity firms of conspiring not to outbid each other on companies they sought to buy.

  • SAN FRANCISCO, June 10- Index Ventures, the firm known for backing online video-chat service Skype at its early stages, said on Tuesday that it had raised 400 million euros for a venture fund focused on early-stage investments.

  • UK game industry 'back on track': Pro     Tuesday, 10 Jun 2014 | 2:30 AM ET

    Richard Wilson, CEO of TIGA, discusses the console war between Microsoft and Sony and the U.K. game industry which has now returned to growth.

  • Slot machine maker eyes the sale lever Monday, 9 Jun 2014 | 6:10 PM ET

    International Game Technology decided to seek a buyer after company stock plummeted.

  • NEW YORK, June 9- International Game Technology, the Las Vegas- based slot machine maker, has hired Morgan Stanley to explore a sale as the gaming industry pursues consolidation to combat slow growth, people familiar with the matter said on Monday.

  • Phil Spencer, Microsoft Xbox head, tells CNBC's Julia Boorstin about its new content strategy to drive sales in the very competitive environment of gaming.

  • Hungover? Airport clinic helps you feel like aces Saturday, 7 Jun 2014 | 4:00 PM ET
    Las Vegas' McCarran International Airport to open a medical clinic and pharmacy.

    The new McCarran Medical Clinic and Pharmacy at McCarran International Airport in Las Vegas can fill prescriptions or offer a pre-flight IV.

  • Tetris celebrates 30th birthday     Friday, 6 Jun 2014 | 4:20 AM ET

    Stephen Upstone, co-founder of LoopMe, says Tetris really took off on mobile as the game celebrates its 30th birthday on Friday and discusses the mobile gaming industry.

  • HONG KONG, June 6- Hong Kong's main share index snapped a three-week winning streak on Friday, dragged down by China's state banks and a weaker Macau gaming sector. The Hang Seng Index closed down 0.7 percent at 22,951.00 points. The Macau gaming sector was broadly lower, with Wynn Macau and MGM China Holdings both down more than 2 percent.

  • TOKYO, June 6- Tokyo Governor Yoichi Masuzoe on Friday said developing a casino was not a priority for the city and urged more debate about potential problems like money laundering that could arise should casinos be legalised in Japan.

  • TOKYO, June 6- Tokyo Governor Yoichi Masuzoe said on Friday that developing a casino in the capital was a not priority and that there had not been enough debate on money laundering and other potential problems that could arise should casinos be legalised in Japan.

  • California Chrome could break betting records Thursday, 5 Jun 2014 | 11:29 AM ET
    The betting window at Belmont Park.

    Past Triple Crown bids have boosted wagering on Belmont Stakes racing, and California Chrome's popularity could drive new records.

  • TOKYO, June 4- A former employee of Universal Entertainment Corp filed a criminal complaint against Kazuo Okada, the Japanese firm's billionaire founder, alleging he ordered the payment of bribes to advance a still-unfinished casino project in the Philippines.

  • HONG KONG, June 4- Global investors are paring their bets on stocks geared to Macau, the world's casino capital, after a raft of regulatory curbs sparked concerns about slowing revenue growth in the next few months.

  • Traders bet on casino stocks     Tuesday, 3 Jun 2014 | 12:00 PM ET

    Big American casino stocks with the most exposure to Macau are getting hammered, reports CNBC's Dominic Chu. The FMHR traders share their view of these stocks.

  • TOKYO/ SINGAPORE May 30- Japanese Prime Minister Shinzo Abe said casino resorts could become a pillar of his country's future economic growth as he toured Singapore's two lavish gaming venues on Friday. Abe, who until now has remained silent on the issue of casinos, gave a strong endorsement to legislation that would legalise casino gambling in Japan.

  • TOKYO/ SINGAPORE May 30- Japanese Prime Minister Shinzo Abe toured Singapore's two lavish casino resorts on Friday as his country considers allowing casino gambling to boost tourism and attract investment.

  • Japan, home to 128 million people and the world's third largest economy, is widely seen as a prize market for casino operators due to its affluent population and close proximity to wealthy Asian gamblers in the region.

  • Champagne delivered by drone at Vegas club Thursday, 29 May 2014 | 10:16 AM ET

    At The Cosmopolitan, poolside revelers can get bottle-service via drone. What could go wrong?

  • *Far East Consortium/ Chow Tai Fook, state-owned Greenland shortlisted bidders. SYDNEY, May 28- Some of China's biggest property developers will compete against Australian gaming giants for casino licences in Queensland, boosting the government's plans to turn the popular tourist destination into a haven for big-spending Chinese gamblers.