LAS VEGAS— Nevada casino revenue shot up more than 14 percent in June, thanks to a banner month on the Las Vegas Strip and continued growth in baccarat, according to a report released Friday.» Read More
Beyond wagering on traditional point spreads, gamblers these days can choose to put money down on hundreds of obscure and sometimes ridiculous bets listed on sportsbooks for the Super Bowl.
Nintendo, the world's leading gaming company by machines sold, said it will post an operating loss for a second straight year as the sales of its Wii U, successor to the 100-million selling Wii, faltered.
Discussing whether casino stocks are a worthy gamble in 2013, with CNBC's Simon Hobbs and Michael Leven, Las Vegas Sands president and COO.
As gaming revenue in Singapore's once super-hot casino industry, which is the second biggest in Asia, slows, what does this mean for island-nation's slowing economy?
Strong sales in Las Vegas, an upcoming project in Macau and online gaming appear positive for MGM Resorts, says CEO James Murren.
MGM will build a second casino in Macau, and the casino's shares are up about 23 percent since the plans to build were announced in October, with Jim Murren, MGM and the Fast Money traders.
Jon Najarian, Optionmonster.com, discusses what turned out to be a profitable call on Las Vegas Sands.
A $2.5 billion Macau casino planned by MGM China, the Chinese arm of U.S. gambling giant MGM Resorts International, received government approval on Wednesday, sending shares of MGM China to an 18-month high.
Philippines has ambitions to join Macau and Singapore among the ranks of Asia's top gaming destinations. Buoyed by stellar economic growth, the casino rush is starting.
CNBC's Julia Boorstin reports Zynga's stock is popping after the company announced it is applying for a real-money gaming license in Nevada.
"This is a long shot," said Ken Sena, Evercore Partners analyst, in discussing Zynga filing for a gaming license, and explaining why he has an "underweight" rating on the stock and a $1.75 price target.
Japan's Universal Entertainment on Tuesday sued Thomson Reuters for defamation over news articles relating to payments Universal made to an ex-consultant to the Philippine gaming authority.
Aaron Fischer, head of Asian consumer and gaming research at CLSA Asia Pacific Markets, tells CNBC that after years of explosive growth, Asian casinos are entering a period of less profitability.
Grant Chum, MD & Head of Hong Kong Equity Research, UBS says the growth rate for Singapore's casinos has moderated, but he thinks the situation will improve when the cyclical side of China's economy bounces back.
Jon Oh, Gaming Sector Analyst, CLSA discusses the prospects of Japan becoming Asia's next top gaming destination. He identifies the local "pachinko" sector as the chief obstacle.
CNBC's Kayla Tausche reports from Atlantic City that while most of the big casinos plan to reopen tomorrow, it will be difficult to get back to business as usual amid the devastation of Sandy. (3:44)
Tilman Fertitta, Chairman & CEO of Landry's Restaurants, discusses the damage left by Hurricane Sandy and whether Atlantic City will be able to rebuild and bring back tourist.
The ports of New York/New Jersey and Delaware Bay are closed, with CNBC's Mary Thompson.
Casinos are opening up all over the country, creating jobs and raking in tax revenues, reports CNBC's Brian Shactman. But the money they're taking in is more than likely taking cash from another form of entertainment.
CNBC's Brian Shactman reports on the new Hollywood Casino to open in Columbus, Ohio, which required 3,500 construction workers to build it. Jim Ruben, Granite State Coalition Against Expanded Gambling, and Judy Patterson, American Gaming Association, weigh in on the value of gambling to local and state governments.