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As Japan gambling bill dies, South Korea holds winning hand

TOKYO/SEOUL — South Korea looks like the consolation prize as Japan’s $15 billion casino dream fades, a setback for companies such as Las Vegas Sands Corp. that envisioned a new gaming hub rivaling Las Vegas in 2020.

Atlantic City casino profits up in 3rd quarter

ATLANTIC CITY — Atlantic City’s casino industry saw its operating profits rise in the third quarter of this year, helped by Internet gambling money and the absence of large losses racked up last year by weaker casinos.

Caesars calls latest default notice ‘meritless’

Caesars Entertainment Corp., which has been embroiled in debt reduction talks with its lenders, said Monday one of its banks had filed a notice of default against the casino operator.