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Casinos and Gaming

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  • Investors turning cautious on Wynn Macau  Sunday, 13 Jul 2014 | 11:22 PM ET

    Jackson Wong, Vice President of Tanrich Securities, attributes its hold rating on the stock to the recent land deal probe and the bearish outlook of Macau's gaming sector.

  • Ex-Macau partner suing Las Vegas Sands for $5B Friday, 11 Jul 2014 | 5:37 PM ET
    Las Vegas Sands casino sits behind the Fishermans Wharf in Macau, in this Feb. 7, 2006 file photo.

    A former Macau business partner of Las Vegas Sands is suing Sands for at least $5 billion in profits that it says are owed.

  • Einhorn flush with luck in poker's 'Main Event' Friday, 11 Jul 2014 | 2:37 PM ET
    Greenlight Capital President David Einhorn sits at a poker table in Atlantic City, N.J.

    Billionaire hedge fund manager David Einhorn is still alive after three days (and nearly 30 hours of play) in the World Series of Poker Main Event.

  • Working for tips: It's worse than the minimum wage Thursday, 10 Jul 2014 | 4:46 PM ET

    A new study calls for an end to the $2.13 an hour federal tipped minimum wage.

  • If Japan legalizes casinos  Wednesday, 9 Jul 2014 | 12:35 PM ET

    The Japan trade is not working in 2014 as much as it did last year. Melissa Otto, equity team director for TIAA-CREF, explains the potential for a gaming market in Japan.

  • Legalizing pot: Time to put on that poker face Tuesday, 8 Jul 2014 | 10:56 AM ET

    When it comes to legalizing marijuana, states should learn their lesson from the casinos, says Jake Novak.

  • Pot about to pop?  Monday, 7 Jul 2014 | 2:13 PM ET

    CNBC's Jane Wells reports 23 states in the U.S. have some form of legal medical marijuana. CNBC's Morgan Brennan discusses how gambling and the legalization of pot may collide.

  • Doubling down on Atlantic City  Monday, 7 Jul 2014 | 2:12 PM ET

    CNBC's Morgan Brennan reports Atlantic City's gaming revenue is down 15 percent since 2006.

  • Boardwalk blues in Atlantic City  Monday, 7 Jul 2014 | 1:35 PM ET

    Atlantic City has fallen on tough times as gaming revenues have plunged and several casinos could be closing by end of summer, reports CNBC's Morgan Brennan.

  • Atlantic City's boardwalk blues  Monday, 7 Jul 2014 | 6:22 AM ET
    Caesar's Palace in Atlantic City.

    CNBC's Morgan Brennan reports on Atlantic City's 5-year revitalization plan as gaming revenues drop 45% since 2006.

  • World cup fever zaps Macau gambling revenue Tuesday, 1 Jul 2014 | 11:15 PM ET
    A croupier stands at a poker table inside the Venetian Macao resort and casino, operated by Sands China Ltd., in Macau, China.

    Gambling revenue in Macau fell 3.7 percent, the first drop in over four years, with analysts saying the World Cup had diverted gamblers away.

  • Volatility ahead for Macau's gaming space: Analyst  Monday, 30 Jun 2014 | 8:49 PM ET

    Christopher Jones, MD & Senior Gaming & Lodging Analyst, Telsey Advisory Group, says Macau's gaming sector will face downside pressure in the near term but the "noise" will start to clear by 2015.

  • Galaxy Group: China slowdown won't hurt us  Thursday, 26 Jun 2014 | 8:52 PM ET

    Lui Che Woo, Founder and Chairman of Galaxy Entertainment Group, tells CNBC why he's optimistic that his gaming business will reap better profits this year despite a slowdown in China.

  • Macau's casino tycoon: I don't gamble Thursday, 26 Jun 2014 | 6:57 PM ET
    Lui Che-woo, chairman of Galaxy Entertainment Group Ltd.

    Lui Che Woo, founder and chairman of Galaxy Entertainment, runs six casinos in Macau but he told CNBC that gambling isn’t really his cup of tea.

  • Wyndham was the mystery bidder for IHG: report Tuesday, 24 Jun 2014 | 1:45 PM ET
    A sign for the InterContinental Hotel, operated by the InterContinental Hotels Group Plc, sits on display at the hotel in Park Lane, London.

    Intercontinental Hotels' board rejected a merger offer in May, Sky News reports.

  • Bucket list summer camps for grown-ups Saturday, 21 Jun 2014 | 11:47 AM ET
    Ron Cianciaruso (in red T-shirt on the left;) along with rock counselor Billy Hinsche (in the hat), a former member of Dino, Desi & Billy who also played with the Beach Boys; and co-campers Nick, Ted, John, Bill and Pat, who joined Ron in the camp band, Outside the Box.

    Why should kids have all the fun? Adults can now spend a week training to be an astronaut, pro poker player, rocker or zombie slayer.

  • Philips wins patent case against Nintendo in UK Friday, 20 Jun 2014 | 9:24 AM ET

    Philips Electronics said on Friday it had won a patent infringement cases against Nintendo in the United Kingdom.

  • Atlantic City's Revel casino files for bankruptcy Thursday, 19 Jun 2014 | 6:02 PM ET

    Atlantic City's Revel Casino Hotel filed for bankruptcy and warned its staff that it will shut down soon without a buyer.

  • Union Gaming Group downgrades Macau sector  Wednesday, 18 Jun 2014 | 12:42 AM ET

    Grant Govertsen, Principal Analyst, Union Gaming Group, says politics in China paint a "flat or negative" long-term outlook for Macau's market.

  • New thrill rides raise the stakes in Las Vegas Wednesday, 11 Jun 2014 | 6:59 PM ET
    The newly opened VooDoo zip line at the Rio Las Vegas gives riders a trhill 490 feet off the ground.

    The economy in Sin City continues to move away from gaming since the worst days of the Great Recession.