Bruce Rockowitz, CEO & vice chairman of Global Brands Group, says Beijing's anti-corruption drive is the right thing to do, but it is taking a toll on businesses in the luxury and gambling segments.
The government fined casino operator Caesars Palace for repeated violations of the Bank Secrecy Act in its VIP gaming rooms.
Gambling revenue in Macau dropped 35.5 percent in August from a year earlier, sliding for a fifteenth month in a row and providing more evidence of a deepening downturn.
Mor Weizer, CEO of Playtech, discusses his company and trends in the gambling industry.
Gross profit among Atlantic City casinos grows 28-percent with fewer left standing.
Caesars Entertainment to pay $20-million to U.S. over anti-money laundering lapses. - Reuters
Asian travel hotspots may be counting on an ever-growing horde of Chinese tourists for growth, but the weaker yuan may choke off the flow of travelers.
Investing in gambling? Shares of PENN, a domestic casino company on the move, stand out with the rest of the industry in flux.
Scott Phillips, advisor at The Motley Fool Australia, says Echo Entertainment's plan for a new casino in Brisbane is a good idea. He also discusses news that James Packer has stepped down as chairman of Crown Resorts.
Timothy McNally, chairman of NagaCorp, attributes the company's 42 percent rise in gross gaming revenue to factors such as scale of operation and its focus on Southeast Asia.
Matt Bekier, CEO of Echo Entertainment, says the company's domestic businesses such as Sydney's Star Casino underpinned the 59 percent jump in full-year net profit.
Grant Govertsen, managing director at Union Gaming Group, expects new openings in Macau later this year to "invigorate" future demand.
Jonathan Galaviz, partner at Global Market Advisors, expects Beijing's anti-corruption drive and new regulations such as the smoking ban to continue weighing on Macau's gaming industry.
Casino hub Atlantic City had its credit rating cut Monday amid concerns about a dissolving tax base and fiscal reforms.
Keith Smith, Boyd Gaming CEO, discusses continued revenue growth and plans for expansion.
Mohegan Sun enters New Jersey's online casino market this week with a real-money gambling website, Mohegansun.com.
Poker's biggest star, Daniel Negreanu, came up two places short of making the final table of the Main Event in the World Series of Poker.
One of the biggest names in professional poker is just one day away from getting to the sport's biggest stage.
Many of Macau's residents turn to jobs in the gaming industry for better income, but how will the slowdown in the city's casino industry affect them? CNBC's Eunice Yoon finds out.
Liu Shuai, a Chinese state bank officer who lives in the city of Zhuhai, tells CNBC why he stopped visiting Macau after Beijing started its anti-corruption campaign.