Casinos and Gaming
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Casino magnate Sheldon Adelson is back in court on a breach of contract suit involving his casino empire, reports CNBC's Jane Wells.
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*Investors sell before weekend as Cyprus bailout eyed. TOKYO, March 22- Japan's Nikkei share average fell on Friday, erasing previous session gains on worries Cyprus may default on its debt, while an uptick in the yen hurt exporters.
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*Investors sell before weekend as Cyprus bailout eyed. TOKYO, March 22- Japan's Nikkei share average fell on Friday, erasing previous session gains on worries Cyprus may default on its debt, while an uptick in the yen hurt exporters. Exporters with high exposure to Europe led the declines, with Mazda Motor Corp.
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HONG KONG, March 21- Hong Kong shares could start higher on Thursday, ahead of an HSBC preliminary survey of Chinese manufacturing activity in March that could give clues on the recovery of the world's second-largest economy.
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Tilman Fertitta, Landry's Inc. chairman & CEO, discusses employment, minimum wage, and why he took his company private.
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HONG KONG, March 20- Melco Crown Philippines Resorts Corp, the Philippine unit of Macau gaming company Melco Crown Entertainment, plans to raise $400 million through an offering of 1.2 billion shares, Thomson Reuters IFR reported on Wednesday.
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LAS VEGAS/ LOS ANGELES, March 19- A judge in Nevada on Tuesday ruled against Las Vegas Sands Corp's effort to throw out a case against it by a businessman who says he is owed millions of dollars for helping the casino firm get an operating license in Macau.
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March 19- Station Casinos LLC:.
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TOKYO/ MANILA, March 17- The FBI and Philippine investigators probing potential bribery related to Universal Entertainment Corp's bid to build a casino in Manila have zeroed in on a $25 million payment the Japanese company now says should never have been made. The FBI is involved because the payment originated from a Universal subsidiary based in Nevada.
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TOYKO/ MANILA, March 17- The FBI and Philippine investigators probing potential bribery related to Universal Entertainment Corp's bid to build a casino in Manila have zeroed in on a $25 million payment the Japanese company now says should never have been made. The FBI is involved because the payment originated from a Universal subsidiary based in Nevada.
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TOYKO/ MANILA, March 17- The FBI and Philippine investigators probing potential bribery related to Universal Entertainment Corp's bid to build a casino in Manila have zeroed in on a $25 million payment the Japanese company now says should never have been made. The FBI is involved because the payment originated from a Universal subsidiary based in Nevada.
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MANILA, March 16- Big casino operators will be scrutinising the Philippines' debut as Asia's newest top-end gambling destination this weekend to see if Manila can deliver on promises of better profit margins and lower costs than global betting capital Macau.
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MANILA, March 16- Big casino operators will be scrutinising the Philippines' debut as Asia's newest top-end gambling destination this weekend to see if Manila can deliver on promises of better profit margins and lower costs than global betting capital Macau.
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**OCLARO INC, $1.34, up 7.2 pct** FINISAR CORP, $14.77, up 6 pct** ALLOT COMMUNICATIONS LTD, $14.3, up 3.8 pct** ALCATEL-LUCENT, $1.49, up 3.5 pct. **JUNIPER NETWORKS INC, $20.78, up 1.2 pct. **CIENA CORP, $17.08, up 1.7 pct** JDS UNIPHASE CORP, $15.22, up 1.2 pct** ERICSSON, $13.19, up 1.2 pct.
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HONG KONG, March 13- Hong Kong shares may open slightly weaker on Wednesday, mirroring a lack of conviction among buyers in other parts of Asia.
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Amid the rally, Jim Cramer says the question to ask now is, which stocks have yet to fully recover but still could.
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Senate Majority Leader Harry Reid, whose long-advocated federal legislation never got introduced last year, is working behind the scenes to form a coalition to support the measure. Similar efforts by Senate Majority Leader Harry Reid and former Senator Jon Kyl, backed by the casino industry, fizzled last year.
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TOKYO/ SAN FRANCISCO, March 8- Universal Entertainment Corp founder Kazuo Okada and three other directors of the Japanese gaming company have been summoned by the Nevada casino regulator to a closed-door hearing next week, two people with direct knowledge of the matter said.
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Malaysian casino operator Genting envisions red and gold pagodas and a panda exhibit on the 87-acre plot of Las Vegas land it bought this week, a new gambling playground for rich Chinese.
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SINGAPORE/ HONG KONG, March 7- Malaysian casino operator Genting Bhd envisions red and gold pagodas and a panda exhibit on the 87- acre plot of Las Vegas land it bought this week, a new gambling playground for rich Chinese moving their money overseas.
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NEW YORK, March 4- Spain's Amancio Ortega, the co-founder of the Inditex fashion group, leapt over Warren Buffett and France's Bernard Arnault to become the world's third richest person on Forbes' 2013 annual ranking of billionaires, with an estimated net worth of $57 billion.