ATLANTIC CITY, N.J.— On Monday, New Jersey casino regulators told a bankruptcy court it can't transfer the license of Atlantic City's former Revel casino to new owner Glenn Straub. That's because utility company ACR Energy Partners cut off service to the building on April 9— two days after Straub bought it— in the absence of a contract for future service there.» Read More
The SLS Las Vegas is opening its doors tonight. CNBC's Jane Wells reports the 1,600 room hotel casino is catering to millennials and young hipsters who prefer clubbing to gambling.
CNBC's Jane Wells reports on the new SLS Las Vegas, built on the site of the old Sahara and the first new resort to open in there in five years.
An investigation is underway after an armored car services company told the casino it had lost $21,000, according to The Press of Atlantic City.
Atlantic City's Revel Casino Hotel is still seeking bidders in bankruptcy court.
Frank Fantini, Fantini Research, and Chris Jones, Telsey Advisory Group, discuss the current state of the gaming and casino industry.
Before summer ends, four casinos will be shuttered, leaving Atlantic City looking for a way to avoid having dark, empty shells on its Boardwalk.
Following blow-out first-half earnings, Sands China's CEO brushed off concerns about any negative impacts from the government's anti-graft campaign.
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.
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.
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.
Christie and New Jersey Democrats have said Atlantic City's economy, heavily dependent on casinos, needs to be broadened.
Most states don't allow gambling on sporting events, but some argue it's time to change that to bring in revenue and regulation.
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.
CNBC's Morgan Brennan reports what some are saying about the next casino to potentially close.
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.
Revel Casino is the fourth casino in Atlantic City to close this year. Insight to the resort's closing, with CNBC's Morgan Brennan.
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 in Atlantic City will be the fourth casino to close this year. CNBC's Morgan Brennan reports the casino is in bankruptcy.
Atlantic City's Revel Casino Hotel says it will shut down in September after failing to find a buyer in bankruptcy court.
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.