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Casinos and Gaming

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  • Trump casinos file Chapter 11; seek concessions Tuesday, 9 Sep 2014 | 8:46 AM ET

    ATLANTIC CITY, N.J.— Trump Entertainment Resorts filed for bankruptcy Tuesday and threatened to shut down the Taj Mahal Casino Resort, which would make it the fifth Atlantic City casino to close this year.

  • Sept 9- Trump Entertainment Resorts Inc, which operates two casinos in Atlantic City, joined the list of casino operators in New Jersey that have filed for bankruptcy. Trump Entertainment operates the Trump Taj Mahal Casino Resort and the Trump Plaza Hotel and Casino in Atlantic City.

  • Trump Entertainment Resorts files for bankruptcy Tuesday, 9 Sep 2014 | 7:27 AM ET

    Sept 9- Trump Entertainment Resorts Inc, which operates two casinos in Atlantic City, joined the list of casino operators in New Jersey that have filed for bankruptcy. Trump Entertainment operates the Trump Taj Mahal Casino Resort and the Trump Plaza Hotel and Casino in Atlantic City.

  • ATLANTIC CITY, N.J., Sept 8- Governor Chris Christie pushed past a sea of angry protesters on Monday to meet with business leaders and politicians on ways to save troubled Atlantic City, which has lost a quarter of its 12 casinos already this year.

  • Trump-branded casinos to file bankruptcy: Report Monday, 8 Sep 2014 | 4:49 PM ET
    The Trump Plaza ,which is scheduled to close, is viewed in Atlantic City on July 30, 2014 in Atlantic City, New Jersey.

    Trump Entertainment Resorts, which operates two Atlantic City casinos, is to file for bankruptcy, Bloomberg reported citing sources.

  • New York casino applicants make public pitches Monday, 8 Sep 2014 | 3:02 AM ET

    ALBANY, N.Y.— Developers seeking permission to open casinos in upstate New York fielded questions about their finances and revenue projections Monday as they made direct pitches to the state's siting board. We have a direct highway access, "said Jeff Gural, who runs Tioga Downs near the Pennsylvania state line, west of Binghamton.

  • Shaping the future of closed Atlantic City casinos Friday, 5 Sep 2014 | 4:35 PM ET

    New Jersey gambling regulators gave permission to Betfair, the European online gambling company, to continue to operate in the state even after its brick-and-mortar partner, Trump Plaza, shuts down on Sept. 16.

  • Sunken Showboat casino may float with new buyer Friday, 5 Sep 2014 | 3:34 PM ET
    Showboat Atlantic City hotel in Atlantic City, N.J.

    The former Showboat casino in Atlantic City may have just found a new buyer.

  • APNewsBreak: Trump Plaza online bets can continue Friday, 5 Sep 2014 | 2:29 PM ET

    ATLANTIC CITY, N.J.— New Jersey casino regulators will let Betfair continue to take Internet bets after its brick-and-mortar casino partner, Trump Plaza, closes later this month.

  • Long odds for Atlantic City's next chapter Thursday, 4 Sep 2014 | 4:20 PM ET
    A sign marks the Trump Taj Mahal Hotel and Casino in Atlantic City.

    It's becoming clearer, the worst isn't over yet for Atlantic City, with the Trump Taj Mahal on the brink of bankruptcy.

  • Tumult at 2 Trump casinos as Plaza shutdown nears Thursday, 4 Sep 2014 | 3:41 PM ET

    ATLANTIC CITY, N.J.— Two Trump casinos in Atlantic City are in turmoil as the closing of Trump Plaza nears. In a petition to New Jersey casino regulators, Trump Entertainment Resorts says it might try to keep its Internet gambling operation with online partner Betfair going after Trump Plaza closes on Sept. 16.

  • Football to kick off big Vegas betting season Thursday, 4 Sep 2014 | 2:31 PM ET

    The pro football season is preparing to kick off, but one Las Vegas bookmaker has already picked the winner of Super Bowl XLIX.

  • Around 8,300 people are losing jobs with three casinos closing in less than a month- Showboat, a Caesars Entertainment Corp property, closed Sunday morning, Revel closed early on Tuesday morning and Trump Plaza Hotel and Casino is due to close on Sept. 16.

  • FanDuel raises $70 million     Wednesday, 3 Sep 2014 | 11:52 AM ET

    FanDuel has announced $70 million in new funding. CEO Nigel Eccles discusses the growth of fantasy gaming.

  • AC casino closings spur massive unemployment filing Wednesday, 3 Sep 2014 | 7:27 AM ET
    The Revel Casino in Atlantic City on July 30, 2014.

    More than 100 work stations will be set up to accommodate the newly jobless dealers, cocktail servers and other workers.

  • What's next for Atlantic City     Tuesday, 2 Sep 2014 | 1:18 PM ET

    This morning the Revel casino in Atlantic City officially closed. CNBC's Morgan Brennan discusses what will happen with the now vacant buildings.

  • Big trouble in Atlantic City     Tuesday, 2 Sep 2014 | 7:53 AM ET
    The Revel Casino in Atlantic City on July 30, 2014.

    Atlantic City's $2.4 billion Revel casino has officially closed, with CNBC's Morgan Brennan.

  • Crapped out: Atlantic City's Revel Casino closes Tuesday, 2 Sep 2014 | 6:26 AM ET
    The Revel Casino in Atlantic City on July 30, 2014.

    The $2.4 billion Revel Casino Hotel went out with a whimper Tuesday as its casino closed a day after the hotel checked out its last guest.

  • Betting on Macau? 2 gaming stocks to buy     Monday, 1 Sep 2014 | 11:46 PM ET

    Nicholas Studholme-Wilson, VP & Senior Research Analyst at Sun Hung Kai Financial, explains why he likes Galaxy Entertainment and SJM despite the slowdown in Macau's gaming sector.

  • HONG KONG, Sept 1- Hong Kong's benchmark index failed to hold onto midday gains on Monday, hurt by a weaker gambling sector after data showed Macau casino revenue declined for the third straight month in August. The Hang Seng Index closed barely changed at 24,752.09 points.