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Business 04 Jan 2011 | 12:00 AM

Big changes possible in US' second largest gambling city this year

ATLANTIC CITY, New Jersey: Atlantic City could see major changes in 2011 that could help America's second-largest gambling market come back to life after stalling and struggling for four years.

Business 27 Dec 2010 | 12:00 AM

Playboy pins hopes on clubs, license deals in Asia

MACAU (AP) - February marks the start of the year of the rabbit in the Chinese lunar calendar. It may be an auspicious sign for Playboy Enterprises Inc., which opened a nightclub in Macau last month as it seeks to expand its business by licensing the trademark bunny head logo on lifestyle products in Asia, its fastest growing region.

Business 02 Nov 2010 | 12:00 AM

Macau gambling revenue hits record in October

HONG KONG: Macau's casino revenues rose nearly 50% to a record high of 18.869 billion patacas (US$2.37bil) in October from a year earlier, putting it on track to beat full-year expectations.

Business 28 Oct 2010 | 12:00 AM

S'pore casino helps boost Las Vegas Sands earnings

LAS VEGAS: Casino operator Las Vegas Sands Corp. said Wednesday it earned US$168 million during the third quarter on a record $1.91 billion in revenue, with help from strong business in China and a new casino in noshade size=-1 width=50%>

Business 10 Aug 2010 | 12:00 AM

US: Cash-hungry states add casinos, lure gamblers

ATLANTIC CITY, New Jersey: America's cash-starved states are increasingly being drawn to the lure of easy money in casinos - a bet that could ultimately hurt taxpayers if the supply of slot machines, poker tables and racetracks outpaces customers' demand.

Business 17 May 2010 | 12:00 AM

Is Berjaya paying too much for Ascot stake?

PETALING JAYA: Is Berjaya Corp Bhd getting value for its money for the 70% stake it has proposed to acquire in Ascot Sports Sdn Bhd?

Business 13 Feb 2010 | 12:00 AM

NFOs upping ante to win a share of the festive punting fever

IN every gamble, the first rule always applies. And that is, the house always wins.

Business 09 Feb 2010 | 12:00 AM

Resorts World Singapore casino to open this week

PETALING JAYA: Genting Singapore PLC, which has been issued a licence for its casino at Resorts World Sentosa (RWS), is expected to open its doors this week.

Business 31 Jan 2010 | 12:00 AM

First new Russian casino opens under gambling plan

AZOV CITY, Russia (AP): Half a year after Russia closed all of it's gambling casinos and slot-machine halls, the first new casino opened Saturday under a plan to limit legalized gambling to four comparatively remote areas.

Business 17 Nov 2009 | 12:00 AM

Report: Gaming sector still resilient

KUALA LUMPUR: The Malaysian gaming sector is expected to maintain its resilience, says Moody#8217;s Investors Service in its global corporate finance industry outlook research report released here yesterday.