SAN FRANCISCO, April 23- Zynga Inc co-founder Mark Pincus is relinquishing the last of his operational duties at the social gaming company starting on Wednesday and retreating to an advisory role as Chief Executive Officer Don Mattrick pushes through a restructuring plan.» Read More
Discussing investor activism and his big bet on Las Vegas Sands, is Jonathan Litt, Land and Buildings founder & CIO.
SHANGHAI, March 31- Hong Kong shares finished up 0.4 percent on Monday as casino operators gained ahead of the release of monthly Macau gambling revenue data, while China Construction Bank climbed on forecast-beating results. The Hang Seng Index closed at 22,151.06 points.
Lawrence Ho, Co-Chairman & CEO at Melco Crown, describes his optimism over Chinese reforms and refutes claims that gambling in Macau has declined due to Beijing's clampdown on corruption.
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.
SAN FRANCISCO/ BOSTON, March 27- As increasing numbers of technology companies defer their initial public offerings, one influential hedge-fund investor has stepped up to the plate in Silicon Valley.
Atari turns to social casino gaming to resurrect its longstanding gaming brand.
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.
*China tech stocks spooked by losses in U.S. tech sector. SYDNEY, March 27- Asian markets were in skittish mood on Thursday following a soft finish on Wall Street and amid simmering tensions over Ukraine, while Chinese tech stocks took a tumble in sympathy with their U.S. counterparts.
The rule may serve to shed light on high-risk transactions such as international wires and large cash deposits.
March 26- Shares in King Digital Entertainment Plc fell as much as 15 percent in their Wednesday debut, underscoring investor concern about the company's reliance on "Candy Crush Saga" and dampening hopes that its coming-out party could revive investor interest in the mobile gaming industry.
March 26- Shares in King Digital Entertainment Plc fell as much as 15 percent in their Wednesday debut, underscoring concerns about the company's reliance on "Candy Crush Saga" and dashing hopes its coming-out party would revive investor interest in the mobile gaming industry.
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.
March 26- Shares of King Digital Entertainment Plc, maker of the wildly popular "Candy Crush Saga" game, fell as much as 15 percent in their trading debut on Wednesday, underscoring concerns about the company's reliance on a single hit game. King's shares fell to a low of $19.08 from their IPO price of $22.50, valuing the company at about $6 billion.
March 26- Shares of King Digital Entertainment Plc, maker of the wildly popular "Candy Crush Saga" game, fell as much as 15 percent in their trading debut on Wednesday, valuing the company at about $6 billion. London- based King raised about $500 million after its initial public offering was priced at $22.50 per share, the mid-point of the targeted price range.
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?
HONG KONG, March 19- Hong Kong shares slipped on Wednesday, pulled down by casino operator Galaxy, while investors stayed on the sidelines ahead of earnings from index heavyweight Tencent and the U.S. Chinese Internet giant Tencent led the market fall, with its shares down 1.8 percent ahead of its 2013 earnings announcement due on Wednesday.
*Genting Singapore, Paradise also planning casino complexes. SEOUL/ HONG KONG, March 18- Caesars Entertainment Corp looks set to build its first gaming resort in Asia after South Korea granted preliminary approval for a large-scale foreigners-only casino- a key boost for a company that has largely missed out on the region's boom in gambling revenues.
SEOUL/ HONG KONG, March 18- South Korea gave a preliminary greenlight for a large-scale foreigners-only casino complex to a consortium that includes Caesars Entertainment Corp, seeking to draw in wealthy Chinese gamblers and their tourist dollars.