ATLANTIC CITY, N.J.— The bankruptcy auction of Atlantic City's former Revel Casino Hotel ground into its third day early Wednesday as lawyers for the bankrupt resort continued to weigh bids.» Read More
With online gaming in New Jersey live, Tom Ballance, Borgata president and COO, says it is a great time for the gaming industry in New Jersey. The online market is accretive to the overall gaming industry in Atlantic City.
CNBC.com Managing Editor Allen Wastler reports the hottest stories on CNBC.com including Why the 60/40 rule is "downright dangerous" and sees viewers showing a lot of interest in the Pope's comments on capitalism.
New Jersey has rolled the dice on Internet gambling. Brian Mattingley, 888 Holdings CEO, is excited about the opportunity in the U.S. NJ is first state of significant size in the market, he says. CNBC's Dominic Chu weighs in.
Online gambling alone won't save Atlantic City casinos, and the revenues it generates could fall far short of projections, according to Fitch.
As New Jersey becomes the latest state to adopt online gambling, CNBC's Dominic Chu looks into which computerized gaming companies casinos are looking to partner with and where they are located.
Gary Vaynerchuk, "Jab, Jab, Jab, Right Hook" author, says New Jersey's online gambling site is "great" for revenues and saves tax dollars. He also weighs in on CEO turnovers at high-profile companies.
Mitch Garber wants investors to put their money on Web gambling.
Peter Carlino, CEO of GLPI and chairman of Penn National, Penn National and Gaming and Leisure Properties, discusses the gaming industry and the state of the consumer right now.
How do you know the economy is coming back? High rollers are paying their gambling debts.
Edward Tracy, President and CEO of Sands China explains how the firm's portfolio of hotel rooms ensures a steady flow of upper-class Chinese visitors and profits.
Kabam co-founder and CEO Kevin Chou discusses his company, which makes games for smartphones and tablets, and says the sector is growing quickly.
"I'd say 80/20 that they do get a deal," Jon Najarian says.
Borgata Hotel Casino & Spa, owned by Boyd Gaming's and MGM Resorts, said it received the first Internet gaming permit ever in New Jersey.
Kerry Series, founder and CIO of Eight Investment Partners, shares his top casino stock picks in Asia.
Jo Twist, CIO of Ukie and Henrique Olifiers, Co-founder of Bossa Studios, talk to CNBC about the state of the UK gaming industry.
James Packer, executive chairman of Crown Resorts, talks to CNBC's Helia Ebrahimi about his plans for expansion in Macau.
James Packer, executive chairman of Crown Resorts, talks to CNBC's Helia Ebrahimi about building a landmark hotel in Sydney, Australia.
Atlantic City is not likely to give Las Vegas a run for its money anytime soon, Caesars Entertainment Chairman and CEO Gary Loveman told CNBC.
Caesars Entertainment CEO Gary Loveman explains how legitimate betting could be commercially "very appealing" to many sports teams.
Gary Loveman, Caesars Entertainment chairman & CEO, says Vegas is coming back and shares his plans on expanding his gaming empire through non-gambling activities.