AUGUSTA, Maine-- Maine's American Indian tribes that have long seen gambling as the remedy for high unemployment and sluggish economic growth in their communities are a step closer to being able to operate casinos after winning initial approval in the Democratic-controlled House on Thursday.» Read More
SINGAPORE, Feb 10- It was while hunting for monsters in a virtual cave that Bend Henmoko Madio met his community and realised why companies are adapting online video games to suit the different languages, tastes and mobile devices in Southeast Asia.
LaGuardia Airport is on track for a $3.6 billion overhaul that should remove it from a number of travelers' "most-hated" lists.
*Genting Singapore, Landing International to develop $2.2 bln South Korea casino resort. HONG KONG, Feb 7- Casino operator Genting Singapore and Chinese property developer Landing International Development will develop a $2.2 billion casino resort in South Korea, joining global gaming firms rapidly expanding across Asia to court wealthy Chinese punters.
Customers at 14 hotels in eight states will get free credit monitoring for a year after a data breach.
*Macau casino shares rebound after recent sell-off. *CITIC 21 CN drops 24.1 pct after Alibaba denies takeover talks. Feb 6- Hong Kong shares rose from their lowest in almost seven months on Thursday, helped by strong gains in energy and Macau casino sectors, as investors covered short positions in some battered companies after a recent sell-off.
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.
Feb 5- Hong Kong shares finished at seven-month lows on Wednesday, pressured by a reversal of early gains for the Macau casino sector after monthly revenue data disappointed investors. Wednesday's losses came in relatively lackluster turnover, with much focused on Macau casino stocks.
HONG KONG, Feb 5- Gaming revenues in Macau, the world's casino capital, grew at the slowest pace in 15 months in January, raking in a lower-than-expected 28.7 billion patacas, due to tempered spending by Chinese visitors ahead of a national holiday.
HONG KONG, Feb 5- Macau, the world's casino capital, raked in 28.7 billion patacas in gambling revenues for the first month of 2014, boosted by Chinese visitors flocking to the country's only legal casino hub ahead of a week-long national holiday.
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.
TIGARD, Oregon, Jan 29- TPG Capital LP, a private equity firm that is behind some of the world's largest leveraged buyouts, said on Wednesday it was asking some of its key investors for up to $2 billion to spend on deals until it raises a new $10 billion flagship fund.
MANILA, Jan 27- Luxury boutique hotel chain Nobu will set up its first Asia hotel in a $1.3 billion Philippines gambling complex operated by Melco Crown Entertainment Ltd, mainly targeting wealthy Chinese punters. The Manila- based City of Dreams casino- resort is a joint venture of Melco Crown and local leisure firm Belle Corp.
TOKYO/ HONG KONG, Jan 27- Japan's Fast Retailing Co Ltd will list in Hong Kong as the operator of the Uniqlo casual clothing chain seeks to raise its Asian profile en route to becoming the world's top apparel retailer by 2020..
HONG KONG, Jan 22- Chinese shares listed in Hong Kong closed at a three-week high on Wednesday as a resurgent mainland market spurred more short covering in Chinese growth-sensitive counters after the central bank pledged to ensure stability in the money markets.
DETROIT, Jan 21- Detroit is counting on taxes from the city's three casinos to help it emerge from bankruptcy, but prized as the city's casinos may be, they had a down year in 2013, state regulators said. The decline means Detroit will receive less revenue from gaming taxes, a key source of income for the bankrupt city.
Joseph Greff, JPMorgan gaming, lodging & cruise lines analyst, and Joel Simkins, Credit Suisse gaming, lodging, and leisure analyst, discusses Hilton's long-term growth potential and the hotel's growth strategy.
No matter where the Super Bowl is played, Las Vegas is always a winner. "Vegas is the mecca for Super Bowl shenanigans," said one repeat fan.
Jan 16- Apollo Global Management LLC said it will buy CEC Entertainment Inc, the parent of Chuck E Cheese restaurant chain, for about $948 million, adding to a portfolio that includes companies ranging from cruise ship operators to casinos.