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.
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.
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.
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.
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.
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.