Top News & Analysis Las Vegas

  • Prosecutors said the money was used to buy artwork, including paintings by Vincent Van Gogh and Claude Monet, luxury properties in New York and London and gambling debts in Las Vegas. The FBI and other U.S. regulators, including New York's Department of Financial Services, have been investigating Goldman Sachs' business relationship with 1 MDB.

  • Double down Black Jack gambling

    Wynn Resorts shares are now fairly valued due to lower operating estimates after a price spike earlier this year, JPMorgan says.

  • Taco Bell taking a gamble on Las Vegas

    The Mexican food chain plans to open a flagship 24-hour Cantina restaurant in the heart of the Las Vegas strip this fall.

  • The deal is backed by private equity firms Silver Lake Partners LP and KKR& Co LP as well as investment firms owned by billionaire Michael Dell and his family. The company's parent Zuffa LLC, which gets its name from the Italian word for "fight", is controlled by casino moguls Frank and Lorenzo Fertitta. UFC Chief Executive and Chairman Lorenzo Fertitta will no...

  • NEW YORK, July 5- The FBI in New York City has undisclosed probes into about 30 suspected insider trading schemes, the agency said, in a sign investigators remains focused on building cases despite a court ruling that could curtail such prosecutions. The Federal Bureau of Investigation's New York office has about 50 ongoing insider trading investigations,...

  • JERUSALEM, July 4- Nochi Dankner, once one of Israel's most powerful tycoons who lost his business empire in the global economic downturn, faces up to five years in jail after a Tel Aviv court found him guilty on Monday of manipulating share prices. But in February 2012, after things had turned sour for his business empire, Dankner propped up the price of shares in his...

  • Las Vegas Strip gaming revenue keeps tumbling

    Gross gaming revenue on the Strip slipped for the third consecutive month in May, according to the Nevada Gaming Control Board.

  • Hertz's deal with Uber will allow drivers in Los Angeles to rent cars from certain off-airport Hertz locations. The deal could be expanded to other areas in the United States, Hertz said. Hertz, which piloted a similar partnership with Lyft in Las Vegas and Denver last year, said it would also rent cars in Los Angeles and San Francisco.

  • NEW YORK, June 23- A year after Travis Kelso-Turner and his husband got married, their to-do list of financial tasks still daunts them. That landmark Supreme Court decision in June 2015 is making a significant impact on the finances of the LGBT community because of the large increase in the number of same-sex married couples, surveys have found.

  • NEW YORK, June 23- A year after Travis Kelso-Turner and his husband got married, their to-do list of financial tasks still daunts them. That landmark Supreme Court decision in June 2015 is making a significant impact on the finances of the LGBT community because of the large increase in the number of same-sex married couples, surveys have found.

  • NEW YORK, June 23- Federal prosecutors in Manhattan are pursuing insider trading cases on a pace not seen since 2012- before a major appellate ruling limited their ability to bring charges against hedge fund managers and other traders. Since May alone, those charged include famed Las Vegas sports gambler William "Billy" Walters and hedge fund manager Sanjay...

  • NHL expands to Sin City

    CNBC's Jane Wells reports on Las Vegas' first professional sports team with an expansion hockey team.

  • Michael Steven Sandford, a 19-year-old British national, was arrested at the Treasure Island hotel in Las Vegas.

  • The bankruptcy of the operating unit, Caesars Entertainment Operating Corp, in January 2015 has pitted some of the most aggressive investors on Wall Street against each other. Several hedge funds that own bonds are suing the Caesars parent in New York and Delaware, alleging it reneged on guarantees from bonds issued by CEOC prior to the unit's $18 billion...

  • NEW YORK, June 13- The U.S. Supreme Court on Monday said federal judges should have more discretion to boost penalties in patent infringement cases and ordered an appeals court to review whether Zimmer Biomet Holdings Inc willfully violated Stryker Corp patents on a surgical cleaning wand. In a unanimous opinion, the high court also ordered the appeals court in...

  • NEW YORK, June 13- The U.S. Supreme Court on Monday said federal judges should have more discretion to boost penalties in patent infringement cases and ordered an appeals court to review whether Zimmer Biomet Holdings Inc willfully violated Stryker Corp patents on a surgical cleaning wand. In a unanimous opinion, the high court also ordered the appeals court in...

  • June 8- XpressWest, the private U.S. firm proposing to build a high-speed rail link between Las Vegas and Los Angeles, terminated a joint venture with Chinese companies less than nine months after the deal was announced, citing delays faced by its partner. Las Vegas- based XpressWest said the decision to end the relationship stemmed from problems with "timely...

  • June 8- XpressWest, the private company proposing to build a high-speed rail line between Las Vegas and Los Angeles, announced Wednesday that it had terminated its joint venture with China Railway International, less than nine months after the deal was announced. Las Vegas- based XpressWest said the decision to terminate its relationship with the consortium...

  • SINGAPORE, June 6- A former top U.S. intelligence official on cyber security has warned that government investigators may never be able to ascertain who carried out a cyber heist that led to the theft of $81 million from Bangladesh's central bank in February. Sean Kanuck, who was the most senior official in charge of cyber security at the Office of the Director of...

  • BRUSSELS, June 3- International diamond producers on Friday unveiled a new marketing slogan "Real is Rare" to reach out to a younger generation of buyers, although major producer De Beers says diamonds will always be forever. But last year the Diamond Producers' Association, which groups producers such as De Beers, part of Anglo American, and Rio Tinto, was set up to...