Casinos and Gaming


  • New Jersey to hold summit to rescue Atlantic City Wednesday, 13 Aug 2014 | 6:39 PM ET

    Aug 13- New Jersey Governor Chris Christie said on Wednesday he would convene a bipartisan summit in September to seek ways to rescue Atlantic City from a slump in its mainstay casino business. Atlantic City has struggled with casino closures as neighboring states have lured gamblers away.

  • Casinos struggle, some advocate sports gambling Wednesday, 13 Aug 2014 | 3:36 PM ET

    Most states don't allow gambling on sporting events, but some argue it's time to change that to bring in revenue and regulation.

  • Legalizing sports betting     Wednesday, 13 Aug 2014 | 1:48 PM ET

    Should sports gambling be legal outside the state of Nevada? Bill Pascrell III, Princeton Affairs Group, and Scott Spreitzer, Pregame.com sports betting expert, provide perspective.

  • Next casino to close     Wednesday, 13 Aug 2014 | 1:45 PM ET

    CNBC's Morgan Brennan reports what some are saying about the next casino to potentially close.

  • AC Alliance responds to casino closings with ad Wednesday, 13 Aug 2014 | 12:17 PM ET

    The Atlantic City Alliance will run full-page ads starting Thursday in the Wall Street Journal, the Star-Ledger of Newark and the Philadelphia Inquirer touting the many things Atlantic City offers that don't involve gambling. "Atlantic City isn't just a destination for gaming," it reads.

  • Atlantic City casinos out of luck?     Wednesday, 13 Aug 2014 | 7:41 AM ET
    Atlantic City Boardwalk.

    Revel is the latest casualty for the struggling New Jersey gambling center. Tom Ballance, Borgata Hotel & Casino COO, reveals his plans to keep the doors open at Borgata. You have to give people a reason to drive here, says Ballance.

  • Ohio casinos want slots in smoking areas Wednesday, 13 Aug 2014 | 6:21 AM ET

    Major casinos in Cincinnati, Columbus and Toledo want to install slot machines in designated smoking areas while keeping their main gambling floors smoke-free. Officials with the Columbus and Toledo casinos are also working on installing slot machines to their smoking decks.

  • Questions, answers about closing of Revel casino Wednesday, 13 Aug 2014 | 1:54 AM ET

    Some questions and answers about Revel and Atlantic City:. Q: What will happen to Revel, and the other three soon-to-close Atlantic City casinos, for that matter? Richard Stockton College has long been interested in a campus in Atlantic City and could possibly acquire a casino building to do it.

  • Revel casino still talking with potential bidders Wednesday, 13 Aug 2014 | 1:48 AM ET

    ATLANTIC CITY, N.J.— A day after announcing it will shut down next month, Revel Casino Hotel told a bankruptcy court judge it is still negotiating with potential buyers. The filing follows Revel's announcement that will shut down by Sept. 10, having been unable to find a buyer.

  • Kate Spade and Flowers Foods are big market movers Tuesday, 12 Aug 2014 | 4:42 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:. Kate Spade& Co., down $9.87 to $29. Flowers Foods Inc., down 91 cents to $19.10.

  • Fitch flags 2 more casinos     Tuesday, 12 Aug 2014 | 2:23 PM ET

    Revel Casino is the fourth casino in Atlantic City to close this year. Insight to the resort's closing, with CNBC's Morgan Brennan.

  • Pisani: Casino stocks not pretty     Tuesday, 12 Aug 2014 | 1:13 PM ET

    After news of Revel Casino in Atlantic City closing, CNBC's Bob Pisani looks at the action in other casino and gaming stocks.

  • Revel Casino fails to find buyer     Tuesday, 12 Aug 2014 | 1:10 PM ET

    Revel Casino in Atlantic City will be the fourth casino to close this year. CNBC's Morgan Brennan reports the casino is in bankruptcy.

  • AC's Revel to close after failing to find a buyer Tuesday, 12 Aug 2014 | 12:09 PM ET

    Atlantic City's Revel Casino Hotel says it will shut down in September after failing to find a buyer in bankruptcy court.

  • A timeline of Atlantic City's Revel Casino Hotel Tuesday, 12 Aug 2014 | 11:19 AM ET

    Sept. 2007: Revel Entertainment and partner Morgan Stanley file plans for a new casino and 3,800 hotel rooms. July 31, 2008: A plane crash in Minnesota kills three executives of Revel Entertainment and its builder, Tishman Construction.

  • Aug 12- The bankrupt Revel Casino Hotel in Atlantic City, New Jersey, is set to close by Sept. 10 after failing to find a buyer, the casino said on Tuesday.

  • Aug 12- The bankrupt Revel Casino Hotel in Atlantic City, New Jersey, is set to close by September after failing to find a buyer, the casino said in a statement on Tuesday.

  • Revel Casino to close     Tuesday, 12 Aug 2014 | 9:15 AM ET

    Revel Casino in Atlantic City will close no later than September 10th after no bidders came forth to purchase the casino at auction. CNBC's Morgan Brennan reports.

  • Caesars posts bigger 2Q loss Monday, 11 Aug 2014 | 5:09 PM ET

    LAS VEGAS— Caesars Entertainment Corp. on Monday reported a wider loss in its second quarter. The Las Vegas- based company posted a loss of $466.4 million, or $3.24 per share, compared with a loss of $212.2 million, or $1.69 per share, in the same quarter a year earlier.

  • No qualified bids for Atlantic City Revel: Report Monday, 11 Aug 2014 | 2:16 PM ET

    Revel's auction had already been postponed one week to allow for more time to review bids, court filings indicated.