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Casinos and Gaming

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  • Aug 29- Four Atlantic City casinos are closing this year, but not all of their gamblers will return to visit eight others that have survived in the down-on-its-luck New Jersey resort. The casinos remaining open in Atlantic City are likely, however, to garner about 60 percent of the revenues that had been generated by the four closing casinos, Bumazhny said.

  • The Trump Plaza ,which is scheduled to close, is viewed in Atlantic City on July 30, 2014 in Atlantic City, New Jersey.

    Atlantic City Mayor Don Guardian, explains how Atlantic City is working together to help the more than 6,000 people losing their jobs in the city, and whether the reason for casino closures can be fixed.

  • The rise and fall of Atlantic City Thursday, 28 Aug 2014 | 8:22 AM ET

    Atlantic City hotel and casino Revel will shut its doors next week. As casinos continue to shut down, what's the future hold for A.C.?

  • The rise and fall of Atlantic City     Thursday, 28 Aug 2014 | 8:00 AM ET
    The Trump Taj Mahal, left, the Showboat Atlantic City Hotel and Casino, center, and Revel Atlantic City stand in Atlantic City, New Jersey.

    Atlantic City hotel and casino Revel will shut its doors next week. As casinos continue to shut down, what's the future hold for A.C.?

  • Macau vs. Las Vegas     Wednesday, 27 Aug 2014 | 12:35 PM ET

    Morgan Stanley says Las Vegas casinos will see higher growth rates than Macau. The FMHR traders take their positions.

  • Aug 26- As hopes for a last-minute buyer dim, Atlantic City's Revel casino has laid out its closure plans, from disposing of opened bottles of alcohol to cashing unredeemed poker chips.

  • Atlantic City's new game plan     Tuesday, 26 Aug 2014 | 1:25 PM ET

    Atlantic City is preparing for more than 6,000 jobs lost. Insight on the road ahead for the city, with CNBC's Morgan Brennan.

  • Future of Atlantic City     Monday, 25 Aug 2014 | 3:10 PM ET

    Boyd Gaming president & CEO Keith Smith, discusses the problems facing Atlantic City casinos and where the gambling industry is headed. Smith says while the industry has seen a tremendous amount of growth it's not over saturated yet.

  • Owning Las Vegas     Friday, 22 Aug 2014 | 3:40 PM ET

    Sam Nazarian, founder, chairman & CEO of SBE, discusses his recipe for success and how to stay relevant in the nightlife world. Nazarian explains the benefits of not outsourcing anything in his hotel.

  • Cocktail for Vegas success     Friday, 22 Aug 2014 | 3:37 PM ET
    Hanging above the "Center Bar," a Pepsi-branded LED display with 2.1 million pixels.

    CNBC's Jane Wells speaks to Sam Nazarian, founder, chairman & CEO of SBE, about the creation of his new SLS Las Vegas hotel and the wave of development hitting the strip in Las Vegas.

  • Inside the SLS Las Vegas: An LA club guru bets big Friday, 22 Aug 2014 | 1:46 PM ET
    Hanging above the "Center Bar," a Pepsi-branded LED display with 2.1 million pixels.

    As Sin City faces a shifting economic landscape, SLS Las Vegas is opening as the Strip's first major new casino hotel in five years.

  • Watch out Vegas, millennials are here!     Friday, 22 Aug 2014 | 1:31 PM ET

    The SLS Las Vegas is opening its doors tonight. CNBC's Jane Wells reports the 1,600 room hotel casino is catering to millennials and young hipsters who prefer clubbing to gambling.

  • SLS stages Las Vegas comeback     Friday, 22 Aug 2014 | 7:54 AM ET

    CNBC's Jane Wells reports on the new SLS Las Vegas, built on the site of the old Sahara and the first new resort to open in there in five years.

  • Revel casino lost money when it fell off roof Tuesday, 19 Aug 2014 | 3:41 PM ET

    An investigation is underway after an armored car services company told the casino it had lost $21,000, according to The Press of Atlantic City.

  • More NJ casinos? You betcha! Tuesday, 19 Aug 2014 | 8:30 AM ET
    The Trump Plaza ,which is scheduled to close, is viewed in Atlantic City on July 30, 2014 in Atlantic City, New Jersey.

    With four casinos shutting down in Atlantic City by October, New Jersey is suddenly awash in plans for, well, more casinos. The NYT reports.

  • Revel Casino says closure will help it find buyer Monday, 18 Aug 2014 | 5:51 PM ET

    Atlantic City's Revel Casino Hotel is still seeking bidders in bankruptcy court.

  • Aug 18- Atlantic City's Revel Casino Hotel is still seeking bidders in bankruptcy court, but its ability to find a buyer will improve once it closes and stops "bleeding money," its attorney said at a hearing on Monday. The hotel is scheduled to close after guests leave on Sept. 1, with gambling operations to cease at 5 p.m. the next day.

  • Is gambling as sick as appears?     Monday, 18 Aug 2014 | 3:35 PM ET

    Frank Fantini, Fantini Research, and Chris Jones, Telsey Advisory Group, discuss the current state of the gaming and casino industry.

  • The new worry that's plaguing Atlantic City Monday, 18 Aug 2014 | 8:56 AM ET
    Atlantic City, New Jersey.

    Before summer ends, four casinos will be shuttered, leaving Atlantic City looking for a way to avoid having dark, empty shells on its Boardwalk.

  • Sands China CEO: Anti-graft drive doesn't worry us Monday, 18 Aug 2014 | 12:35 AM ET
    Edward Tracy, chief executive officer of Sands China

    Following blow-out first-half earnings, Sands China's CEO brushed off concerns about any negative impacts from the government's anti-graft campaign.