ALBANY, N.Y.— A leading rating agency says new casinos coming to upstate New York will benefit their local communities— even though the overall outlook for the gambling industry remains negative. Moody's Investors Service says Friday that this week's decision to award casino licenses to projects in Sullivan, Seneca and Schenectady counties is a "credit...» Read More
Discussing the selloff in gambling stocks and new efforts by Congress to ban online gaming, with Joel Simkins, Credit Suisse gaming, lodging, and leisure analyst.
Jeff Lapin, former CEO of Take-Two Interactive, shares his thoughts on King Digital's IPO and explains how gaming distribution has evolved and is impacting traditional brick and mortars.
The rule may serve to shed light on high-risk transactions such as international wires and large cash deposits.
Tom Forte, managing director at Telsey Advisory Group, says the reaction to King Digital's IPO show that investors are skeptical and await the release of a new hit game from the Candy Crush developer.
The museum at the site of the World Trade Center will open to the public in May, officials announced today.
Can South Korea's first foreign-owned casino give casino hotspots like Vegas and Macau a run for their money? CNBC's Julia Wood, Susan Li and Bernie Lo discuss.
In observation of Thursday's International Day of Happiness, designated by the United Nations, we are asking: which makes you happier, wealth or well-being?
Las Vegas gambler Mark Johnston is suing a casino after losing $500,000 for letting him play drunk, reports CNBC's Eamon Javers.
FMHR traders Pete and Jon Najarian debate if Wynn Resorts or Las Vegas Sands is the better investment for your portfolio.
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.
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.
Re/code Senior Editor Peter Kafka discusses King Digital Entertainment's IPO and Zynga's profitably.
Intruders displayed employee information, a picture of Adelson with Benjamin Netanyahu, and images of casinos engulfed in fire. NBC reports.
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 is on track for a $3.6 billion overhaul that should remove it from a number of travelers' "most-hated" lists.
Customers at 14 hotels in eight states will get free credit monitoring for a year after a data breach.
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.
David Attenborough, CEO of Tabcorp, says strength in the firm's diversified gambling businesses helped the company grow 5.4 percent in the first half of the year.
As some hotel chains are going smoke free, smokers can search 250,000 smoking-allowed rooms on a new booking website.
Edward Tracy, CEO of Sands China, says the casino's mass market position will help it weather through China's economic slowdown, liquidity fears and a crackdown on luxury spending.