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China"s "Las Vegas" is leaving billionaires behind in favor of the rising middle class — see inside the $3.4 billion mega-casino leading the charge

MGM Cotai The gambling capital of the world is Macau, an autonomous region in China, with gaming revenues more than three times that of Las Vegas. The city made its name catering to high-spending VIPs f.....»»

Category: topSource: businessinsiderApr 21st, 2018

Cramer suggests investing in regional gambling plays as trade weighs on China-tied giants like Wynn

Jim Cramer suggests alternate investments to the beleaguered casino gaming stocks that have properties in Chinese territory Macau......»»

Category: topSource: madmoneyJul 12th, 2018

Gionee Nears Bankruptcy As Chairman Loses Cash At Casino [REPORT]

Gionee, a little-known smartphone maker in China, is on the verge of  bankruptcy, and if media reports are to be believed, the chairman’s gambling habit may have played a role in pushing the company toward.....»»

Category: blogSource: valuewalkNov 29th, 2018

Don"t Treat the Market Like a Casino

Some people regard the stock market as gambling and that's a sure way to lose money......»»

Category: topSource: redinewsApr 15th, 2024

Earnings Results: Wynn to take online-gambling arm public with help of a SPAC

Wynn Resorts Ltd. is spinning off its online-gambling attempt as the casino company seeks to break into more states that are legalizing sports gambling and other online options......»»

Category: topSource: marketwatchMay 10th, 2021

Warren Buffett discussed Apple, Robinhood, SPACs, and market speculation at Berkshire Hathaway"s annual meeting

Buffett said it was "probably a mistake" to trim his Apple stake, and warned against gambling on stocks and treating the market like a casino. Warren Buffett and Charlie Munger. Yahoo Finance/YouTube Warren Buffett and Charlie Mun.....»»

Category: dealsSource: nytMay 1st, 2021

Apple Hit With Class Action On Allegations Of Running An "Unlicensed Casino"

Apple Inc. (NASDAQ: AAPL) has been hit with a class-action lawsuit that accuses the tech giant of profiting from illegal gambling apps on the App Store, AppleInsider reported read more.....»»

Category: blogSource: benzingaApr 7th, 2021

Catawba Indian Nation wins federal approval of gaming compact for NC casino project

The Catawba Indian Nation has secured yet another critical approval for its Kings Mountain casino project. This time, the approval cements the tribe's ability to allow traditional casino-style gambling at the $273 million Catawba Two Kings Casino Re.....»»

Category: topSource: bizjournalsMar 26th, 2021

Lottery, gambling bill rejected by Alabama Senate

A bill that could have brought a lottery to Alabama and a casino to Birmingham has been rejected by the Alabama Senate......»»

Category: topSource: bizjournalsMar 10th, 2021

Social media posts and online ads claiming to sell COVID-19 vaccines are lying. Here"s how to protect yourself from getting scammed.

From a smuggling ring in China to a purported biotech exec in Washington State, bad actors are hawking fake coronavirus vaccines and treatments. Vials of undiluted Pfizer COVID-19 vaccine are prepared to.....»»

Category: personnelSource: nytMar 4th, 2021

Macau Lifts Coronavirus Travel Restrictions From Mainland China, Boosting Casino Stocks

Shares of casino stocks rallied Tuesday after it was announ.....»»

Category: blogSource: benzingaFeb 24th, 2021

Gambling bill includes casino in Birmingham

A new proposal to add a lottery and expand gambling in Alabama would include a casino in the Magic City......»»

Category: topSource: bizjournalsFeb 10th, 2021

Public comment period opened for Kapolei casino, gambling proposal

“We have received constructive feedback so far in this process and I encourage all Waiting List applicants, as well as homesteaders, to submit their comments to the Department,” Deputy to the Chair Tyler Iokepa Gomes said......»»

Category: topSource: bizjournalsJan 21st, 2021

The life of Sheldon Adelson, the late casino billionaire behind The Venetian and Marina Bay Sands, who donated more than $120 million to Republican causes in 2020

Sheldon Adelson's political contributions to Donald Trump earned him the nickname "Trump's Patron-in-Chief." Gambling giant Las Vegas Sands Corp's Chief Executive Sheldon Adelson speaks during an interview with Re.....»»

Category: topSource: businessinsiderJan 12th, 2021

MGM Has Strong Hand in U.K. Online Gambling Bid

The casino owner may have to raise its offer to strike a deal. But its powerful share price and joint venture put it in a strong spot......»»

Category: topSource: washpostJan 4th, 2021

Joey Wat, CEO of China’s Largest Restaurant Company, Shares Lessons on Controlling COVID-19

The restaurant exec also discusses how discusses how pizza plays different in Shanghai. (Miss this week’s The Leadership Brief? This .....»»

Category: topSource: timeDec 16th, 2020

Winning in Online Casinos: Are There Ways to Increase Your Odds?

Casino games are also called gambling games because every time you are betting your money on the outcome in a game of blackjack, poker, roulette... The post Winning in Online Casinos: Are There Ways to Increase Your Odds? app.....»»

Category: blogSource: valuewalkMay 12th, 2020

Boyd Gaming Vs. Penn National: Which Stock Is The Better Casino Rebound Trade?

Casino stocks have had a rough year in 2020 due to coronavirus (COVID-19) shutdowns. However, some long-term gambling bulls believe business will get back to normal for gamblers as soon as casinos reopen. Late.....»»

Category: blogSource: benzingaMay 11th, 2020

Casino stocks rally after Las Vegas Sands predicts quick gambling rebound in Asia

Casino stocks rally after Las Vegas Sands Corp. executives discuss the rebound in revenue among the company’s properties across Asia......»»

Category: topSource: marketwatchApr 23rd, 2020

Las Vegas Sands predicts speedy recovery in Asia on pent-up gambling demand

Las Vegas Sands Corp on Wednesday posted a first-quarter loss as the coronavirus kept consumers at bay, but the casino operator struck an optimistic note as pent-up demand for gambling pointed to a speedy recovery in Asia......»»

Category: topSource: reutersApr 22nd, 2020