TOPEKA, Kan.— All three investor groups interested in developing a southeast Kansas casino have met the minimum financial and management requirements to move on in the selection process. Under a Kansas law adopted in 2007, four gaming zones were created for casinos, with only one casino allowed in each region. The three proposals for a casino in southeast Kansas...» Read More
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.
As Macau races to build eight new resorts, labor strains intensify as workers demand higher pay and threaten strikes despite the labor shortage.
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.
Recreational vehicles are "the most discretionary purchase you can think of," so as the economy emerges from the recession, sales are starting to follow.
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.
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.
A former Macau business partner of Las Vegas Sands is suing Sands for at least $5 billion in profits that it says are owed.
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.
A new study calls for an end to the $2.13 an hour federal tipped minimum wage.
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.
When it comes to legalizing marijuana, states should learn their lesson from the casinos, says Jake Novak.
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.