CAMDEN, N.J.— A bankruptcy court judge says more time is needed to seek higher bids for Atlantic City's former Revel Casino Hotel. Judge Gloria Burns delayed a decision Wednesday on the proposed $82 million sale of the shuttered gambling hall to Florida developer Glenn Straub. She did so after Los Angeles developer Izek Shomof expressed interest in buying Revel,...» Read More
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.
Revel's auction had already been postponed one week to allow for more time to review bids, court filings indicated.
Timothy Patrick McNally, Chairman of NagaCorp, highlights the factors that hurt its first half profits and discusses the challenges facing the gaming sector in Asia.
Donald Trump has a message for the two Atlantic City casinos that bear his name, five years after he gave up running them: You're fired.
These gaming names are growing by double digits, have cheap equities and good bond yields, Pimco's Mark Kiesel told CNBC.
Discussing the best stocks in the gaming sector, with Mark Kiesel, PIMCO Deputy CIO.
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CNBC's Dominic Chu looks at whether hotel companies could be tax inversion candidates.
Richard Huang, Analyst at CLSA, explains why Beijing's crackdown on corruption isn't the only reason affecting casino revenue in Macau.
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Two masked thieves stole more than $180,000 from an Atlantic City casino Monday morning, according to multiple media reports.
Alex Bumazhny, Director of Gaming, Lodging & Leisure at Fitch Ratings, says the firm's exposure to the mass market will help to offset weakness in Macau's VIP segment.