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Business 06 Mar 2013 | 12:00 AM

Genting acquisition of unfinished Las Vegas resort welcomed

PETALING JAYA: The acquisition of the unfinished resort on the Las Vegas strip in the United States by Genting Bhd is expected to bode well for the company, according to analysts.

Business 25 Feb 2013 | 12:00 AM

Malaysia-Market factors to watch on Feb 25(Monday)

KUALA LUMPUR: Following is a list of events in Malaysia as well as news company-related and market news which could have an influence on the local market.

Business 07 Nov 2012 | 12:00 AM

As voting ends Online bettors give Obama favorable odds to win

NEW YORK: Trading in U.S. stocks was quiet on Tuesday but betting on the U.S. presidential race reached fever pitch, with most online gambling sites giving President Barack Obama favorable odds to win.

Business 31 Oct 2012 | 12:00 AM

Hurricane Sandy silences Atlantic City's casinos

Atkantic City: Hurricane Sandy has silenced the thousands of slot machines and high-rollers who normally crowd the black jack and roulette tables of Atlantic City, but the resort's casino companies wager they could be back in business within days

Business 22 Sep 2012 | 12:00 AM

Betting against the odds – a loser’s game

FOR some people, betting is fun, and gambling can be exciting. But both can lead to serious problems that continue long after the thrill is gone. When money troubles start, we invariably experience stress in our relationships with loved ones and families. Our ability to function effectively at work will be seriously affected.

Business 20 Aug 2012 | 12:00 AM

Superstition thrives in modern business-oriented Singapore

SINGAPORE: Whenever Christina Tang is overseas and returns to her hotel room, she always knocks on the door before entering even if she is the only occupant.

Business 09 Aug 2012 | 12:00 AM

MGM Resorts CEO stays bullish on Macau

MGM Resorts International's MGM.Nchief executive said he remains bullish on Macau despite reports of slowing growth in the gambling enclave of China.

Business 06 Aug 2012 | 12:00 AM

Sands target of US money-laundering probe

LAS VEGAS: Las Vegas Sands Corp, controlled by billionaire Republican donor Sheldon Adelson, is the target of a federal investigation into possible violations of US money-laundering laws, the i>Wall Street Journal /i>reported.

Business 02 Aug 2012 | 12:00 AM

Macau's July gambling revenue growth slowest since 2009

HONG KONG: Gambling revenue in Macau, the worlds largest gambling market, inched up 1.5% in July from a year earlier, the slowest growth since the financial crisis in 2009 as a tropical storm reduced visitor numbers, compounding subdued demand from Chinese gamblers.

Business 01 Aug 2012 | 12:00 AM

Macau govt probes Sands over document transfer to U.S

HONG KONG/LOS ANGELES: The Macau government has launched an official investigation into Sands China, owned by billionaire Sheldon Adelson, after the company transferred documents linked to a wrongful dismissal case to the United States from Macau.