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Casinos and Gaming

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  • The better bet: WYNN vs LVS     Friday, 7 Mar 2014 | 12:35 PM ET

    FMHR traders Pete and Jon Najarian debate if Wynn Resorts or Las Vegas Sands is the better investment for your portfolio.

  • Man sues casino after drunken $500K loss Friday, 7 Mar 2014 | 8:47 AM ET

    A gambler is suing a Vegas casino after he lost $500,000, arguing he should not pay his debt because the establishment got him drunk.

  • HONG KONG, March 7- Hong Kong businessman Carson Yeung was sentenced to six years in jail on Friday for money laundering in a high-profile case that law enforcement officials hailed as an important victory to combat money laundering in the global financial hub.

  • *Hong Kong receipts gain 7 pct vs 3 pct rise for Tokyo shares. *Japan's SBI Holdings to delist in Hong Kong on low volumes. HONG KONG, March 5- Uniqlo owner Fast Retailing Co Ltd climbed 7 percent in its Hong Kong trading debut- a listing aimed at raising its profile in China where it plans to expand aggressively as part of its bid to become the world's top clothing firm.

  • HONG KONG, March 5- Fast Retailing Co Ltd jumped 4 percent in its Hong Kong trading debut on Wednesday as the operator of Japan's Uniqlo clothing outlets listed in the island city in an effort to boost its profile in mainland China and beyond.

  • *Zijin Mining spikes on soaring gold prices. HONG KONG, March 4- China shares slipped early on Tuesday, capping Hong Kong gains, with banks among the biggest index drags as cash rates rose following the central bank's use of a 28- day instrument for the first time since June to drain funds.

  • *HSI +0.9 pct, H-shares +0.5 pct, Shanghai +0.6 pct. HONG KONG, Feb 27- Hong Kong shares rose again on Thursday, and mainland markets also firmed for a second day, led by oil giant Sinopec after a broker upgrade and an increase in China's gasoline and diesel prices.

  • HONG KONG, Feb 26- Hong Kong shares rebounded from their lowest in more than a week on Wednesday, thanks to gains by Chinese oil majors on state-owned enterprise reform hopes and by Macau casinos in anticipation February had record high gambling revenue.

  • Feb 25- Zynga Inc has won the dismissal of a lawsuit in which shareholders accused the online gaming company of fraudulently misleading them about its financial and business prospects before and after its December 2011 initial public offering.

  • TOKYO/ MACAU, Feb 26- Billionaire Sheldon Adelson is willing to bet $10 billion that his Las Vegas Sands will become the leader in casino gambling in Japan, an offer he says his competitors can't match.

  • Zynga wins dismissal of fraud lawsuit linked to IPO Tuesday, 25 Feb 2014 | 2:22 PM ET

    Feb 25- Zynga Inc has won the dismissal of a lawsuit in which shareholders accused the online gaming company of fraudulently misleading them about its financial and business prospects before and after its December 2011 initial public offering.

  • Property remains top wealth driver in China-Hurun list Tuesday, 25 Feb 2014 | 4:41 AM ET

    BEIJING, Feb 25- Real estate remained the most lucrative road to riches in China last year, according to the Hurun Global Rich List, despite Beijing's repeated efforts to cool red-hot property prices. Six of world's 10 top real estate tycoons are now from China and Hong Kong, according to Hurun Report Inc, which released its Global Rich list on Tuesday.

  • Japan has 'massive gaming potential': Pro     Monday, 24 Feb 2014 | 6:35 PM ET

    Should Japan legalize casino gambling, the Land of the Rising Sun could become the world's third largest gaming market after the U.S. and Macau, says Jonathan Slone, CEO of CLSA.

  • TOKYO, Feb 24- Las Vegas Sands Corp Chief Executive Sheldon Adelson said on Monday his company was willing to spend "whatever it takes" to set up a casino project in Japan, one of the largest untapped gaming markets in the world.

  • '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.

  • 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.

  • 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.

  • 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.

  • 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.