Keith Smith News
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Genting Bhd., Southeast Asia’s largest casino operator, will buy and complete Boyd Gaming Corp.’s unfinished Echelon resort in Las Vegas, a sign of renewed confidence in the city’s economy.
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Boyd Gaming Corp., the regional casino operator, agreed to buy Peninsula Gaming LLC for $1.45 billion, adding five properties in three states outside of its base in Nevada. The shares rose in extended trading.
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MBIA Inc. hid potential losses of as much as $950 million on commercial real estate debt as it sought New York regulators’ approval to restructure its insurance business in 2008, banks including Bank of America Corp. and UBS AG claimed in court papers.
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Boyd Gaming Corp. abandoned its bid for some assets of Station Casinos Inc. , the biggest U.S. gambling company in bankruptcy, citing concerns with the court- approved auction conditions.
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SK C&C USA, a unit of South Korea’s SK C&C, will work with InComm to introduce a technology that helps shoppers get coupons and pay for items on their phones, a bid to take on Google Inc . in the mobile-pay market.
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The U.S. Supreme Court cleared the way for two West Virginians to seek class-action status in a suit against a Bayer AG unit over its withdrawn cholesterol drug Baycol.
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MGM Resorts International and Boyd Gaming Corp., preparing for the U.S. to legalize online poker, agreed to form a venture with the biggest listed Internet gambling company, Bwin.Party Digital Entertainment Plc.
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New Jersey Governor Chris Christie is failing to convince credit investors that Atlantic City will be able to sustain another casino as the bonds of its most profitable venue lose out on a record rally for gaming debt.
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The U.S. Supreme Court left intact a ruling that lets Merck & Co. block Teva Pharmaceutical Industries Ltd. from selling a generic form of the brain-cancer drug Temodar until 2013.
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A bill that would have made it easier for workers to sue their employers for pay discrimination was defeated in the U.S. Senate after business groups said the measure backed by the Obama administration was a jobs killer.
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