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Top News & Analysis Las Vegas

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  • That ugly casino carpet? Here's what's under it Thursday, 14 May 2015 | 12:18 PM ET
    Another busy carpet. The casino floor at Caesars Palace, Las Vegas.

    CNBC looks at those busy casino carpets and the surprising thing that is under them.

  • Why Ted Cruz is wowing some of Wall Street's money-men Thursday, 14 May 2015 | 1:00 AM ET

    NEW YORK, May 14- Presidential candidate Ted Cruz, a Tea Party favorite and leading figure in the 2013 government shutdown that rattled investors, isn't the kind of politician who usually wins a lot of friends among Wall Street campaign donors. Despite the uncompromising rhetoric, Cruz is winning praise from some potential Wall Street donors, including bankers...

  • *First-qtr profit $0.56/ shr vs est $0.62. May 13- Macy's Inc forecast a lower second-quarter profit as it marks down merchandise received late due to a strike at West Coast ports and foreign tourists spend less as the dollar stays strong. Macy's, which operates the upscale Bloomingdale's chain as well as its namesake stores, said first-quarter profit and sales...

  • LOS ANGELES, May 12- The "Fight of the Century" between boxing greats Floyd Mayweather Jr. and Manny Pacquiao generated record pay-per-view revenue in the United States of $400 million from 4.4 million buys, cable networks Showtime and HBO said on Tuesday. The Mayweather-Pacquiao fight was co-produced and co-distributed by Showtime, a unit of CBS Corp, and Time...

  • The Vegas company that won Mayweather vs. Pacquiao Friday, 8 May 2015 | 3:55 PM ET
    Manny Pacquiao is punched by Floyd Mayweather Jr. in the first round of their title fight in Las Vegas on May 2, 2015.

    The boxing match boosted gambling on the Las Vegas Strip with MGM getting the biggest payout, according to ITG Investment Research.

  • "I don't think it is going to happen until 2016," said Anthony Scaramucci, founder of investment firm SkyBridge Capital and host of the three-day conference in Las Vegas. "I was in the camp that they would go in the first half of this year, but that has been pushed way back, back into the first half of 2016," said Lee Partridge, chief investment officer of asset management...

  • LAS VEGAS, May 6- Hedge fund mogul Daniel Loeb on Wednesday took aim at the " Oracle of Omaha," calling beloved billionaire Warren Buffett a hypocrite. He criticizes activists but he was the first activist, "Loeb, who runs $17.5 billion hedge fund Third Point, said about Buffett who has been running conglomerate Berkshire Hathaway for 50 years. Loeb, known in investment...

  • Paulson, Bernanke: What's said in Vegas stays in Vegas Wednesday, 6 May 2015 | 8:59 PM ET

    LAS VEGAS May 6- Would you like to know whether sage investor and mammoth hedge fund manager John Paulson is bullish on stocks? The SkyBridge Alternatives Conference, known as SALT, attracts 1,800 investors who pay thousands of dollars apiece to attend the annual Las Vegas event. As the head of $20 billion firm Paulson& Co., Paulson's thoughts on the markets and...

  • David Colletti, a former MillerCoors vice president, was charged in an indictment filed in federal court in Chicago with mail and wire fraud for his role in an alleged scheme that caused the company to be falsely billed for promotional events and marketing services. MillerCoors, a U.S. joint venture between SABMiller Plc and Molson Coors Brewing Co was not...

  • LAS VEGAS, May 6- Daimler has been granted a licence by the U.S. state of Nevada to test self-driving trucks on public roads, as the United States and Europe race to establish a regulatory framework for autonomous vehicles. While companies such as Google have dominated the headlines with advances in driverless cars, Daimler board member Wolfgang Bernhard told...

  • LAS VEGAS, May 5- Democratic presidential candidate Hillary Clinton called on Tuesday for undocumented immigrants to be allowed to gain U.S. citizenship, courting Latino voters and drawing a line between herself and Republican rivals for the White House in 2016.. Former Florida Governor Jeb Bush, a Republican who is weighing a White House bid, has proposed...

  • LAS VEGAS, May 5- Democratic presidential candidate Hillary Clinton called on Tuesday for a path to citizenship for undocumented immigrants, courting Latino voters and drawing a line between herself and Republican rivals for the White House in 2016.. Former Florida Governor Jeb Bush, a Republican who is weighing a White House bid, has proposed legal status for...

  • Pacquiao, promoters sued for $5M over big fight Tuesday, 5 May 2015 | 7:16 PM ET
    welterweight champion Floyd Mayweather Jr. of the U.S. embraces Manny Pacquiao at a post-fight news conference at the MGM Grand Arena in Las Vegas, Nevada May 2, 2015.

    A pair of fight watchers filed a class-action suit against Manny Pacquiao and Top Rank, alleging failure to disclose the fighter's shoulder injury.

  • LAS VEGAS, May 5- Democratic presidential candidate Hillary Clinton will call on Tuesday for a path to citizenship for undocumented immigrants during a campaign appearance in Nevada. Senator Marco Rubio of Florida, a Republican presidential candidate and son of Cuban immigrants, was a co-author of a bill that failed to pass in the Senate that would have given a...

  • What happens in Vegas doesn't always stay in Vegas Tuesday, 5 May 2015 | 8:30 AM ET
    What happens in Vegas doesn't always stay in Vegas

    Another Las Vegas icon is gone, as the Riviera Casino closes its doors after 60 years on the strip.

  • Betting on the fight Friday, 1 May 2015 | 2:57 PM ET
    Betting on the fight

    Discussing the big fight between Mayweather and Pacquiao, with Johnny Avello, Wynn Las Vegas executive director of race and sports operations.

  • How much will Mayweather make? Friday, 1 May 2015 | 2:55 PM ET
    How much will Mayweather make?

    CNBC's Eric Chemi reports on Floyd Mayweather's expected payout from the fight against Manny Pacquiao.

  • Businesses bet big on boxing Friday, 1 May 2015 | 2:53 PM ET
    Businesses bet big on boxing

    CNBC's Jane Wells reports there is an estimated $13 million in sponsorships for this weekend's fight between Mayweather and Pacquiao.

  • The $500 million fight? Friday, 1 May 2015 | 12:42 PM ET
    The $500 million fight?

    CNBC's Jane Wells reports on the odds, total bets and even hotel rooms the day before the "fight of the century."

  • Overhyped? Mayweather-Pacquiao loses some steam Friday, 1 May 2015 | 11:39 AM ET
    Workers install signs for an upcoming bout at the MGM Grand Garden Arena, April 27, 2015, in Las Vegas. Floyd Mayweather Jr. and Manny Pacquiao are scheduled to fight May 2.

    Sky-high ticket prices and hotel room rates are starting to come down, though they remain inflated beyond anything Vegas has ever seen.