Chad Beynon, senior analyst at Macquarie, discusses reports that Tilman Fertitta, owner of the Golden Nugget Casinos, approached casino operator Caesars Entertainment about merging with his gaming empire.
CNBC's David Faber reports that Tilman Fertitta, owner of the Golden Nugget Casinos, approached casino operator Caesars Entertainment about merging it with his gaming empire.
CNBC's Contessa Brewer reports on the big gaming conference of the year.
CNBC's Brian Sullivan and Tilman Fertitta, Landry's CEO and founder and Houston Rockets owner, join 'Power Lunch' to discuss building development, the business of sports betting and the NBA.
Harry Curtis of Nomura Instinet joins 'Power Lunch' to discuss the impact rising rates have on casino stocks and China-U.S. trade tariffs.
CNBC's Contessa Brewer reports on how rising interest rates are impacting casinos.
Hotels on the Cotai Strip are already at full capacity for the week-long public holiday, according to Glenn McCartney from the University of Macau.
Sept 18- Tencent Holdings Ltd executive Jonathan Lai, who led the company's investments into Western digital entertainment firms, has left to join a New York- based investment manager, according to his LinkedIn profile. Tencent, involved in a high-stakes rivalry with China's other home-grown tech giant Alibaba Group Holding, has stakes in companies including...
Casino operators managed to escape relatively unscathed, says Grant Govertsen, managing director and head of Asia equity research at Union Gaming Group.
American-owned casinos have contributed to China's goal of turning the former Portuguese colony into a key tourist destination.
*STOXX 600 down 1.1 pct. LONDON, Sept 5- European shares traded lower on Wednesday as trade tensions and growing worries about emerging market currencies cut investor appetite for risky assets. A rare glimmer of optimism lifted Italian banks, buoyed by deputy Prime Minister Matteo Salvini saying that Rome would "try to be good" with respect to European Union...
*FTSE 100 down 1 pct, energy stocks weigh. LONDON, Sept 5- The UK's top share index retreated on Wednesday as big oil stocks fell, though housebuilders were a bright spot following comments from Berkeley Group about the London housing market. The FTSE widened its losses after a report saying that Germany and the UK had dropped key Brexit demands boosted sterling,...
*Investors cheer William Hill's U.S. deal. LONDON, Sept 5- The UK's top share index retreated on Wednesday as big oil stocks fell, though housebuilders were a bright spot following comments from Berkeley Group about the London housing market. Whilst Berkeley said that Britain's housing market was sluggish amid uncertainty over Britain's planned departure...
LONDON, Sept 5- European shares traded lower on Wednesday as trade tensions and growing worries about emerging market currencies cut investor appetite for risky assets. A rare glimmer of optimism lifted Italy's banks, buoyed by deputy Prime Minister Matteo Salvini saying that Rome would "try to be good" with respect to European Union budget rules.
Sept 1- Gambling revenue in the Chinese territory of Macau posted a 17 percent gain in August, thanks to active gaming by Chinese betters keen to play in the country's only legal casino hub. August's gains mark 25 straight months of rising gambling revenues in the former Portuguese colony, which is back to boom times after plunging on slowing economic growth and a...
A little-known federal law from 2002 to urge the use of anti-terrorism technologies is now under scrutiny after MGM Resorts International invoked it to sue victims of the deadliest shooting in modern U.S. history to avoid paying out for lawsuits.
Lui Che Woo of Galaxy Entertainment and K. Wah Group says the casino operator is "very confident" of its plans for building an integrated resort on the Philippines' island of Boracay.
David Bonnet, managing partner of Delta State Holdings, says "good types of infrastructure" is helping Macau's gaming industry to stay healthy and robust even as revenue from the VIP segment continues to be volatile.
HONG KONG, Aug 24- Landing International Development Ltd said it has been unable to contact its chairman and controlling shareholder for over a day, sending its shares plummeting and wiping off almost half of the casino operator's market value in a two-day selloff. The announcement comes just weeks after authorities halted Landing's $1.5 billion casino...
Matt Bekier, chief executive of The Star Entertainment Group, says Australia's tourism numbers are getting a boost from Asian visitors and that means the country will need more hotel rooms.