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In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMGM expects $60 million in incremental hotel revenue from F1 weekendCNBC's Contessa Brewer reports on news from Caesars and MGM Resorts.
Persons: Contessa Brewer Organizations: MGM, Caesars, MGM Resorts
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLife in the fast lane: Vegas rolls out red carpet for Formula 1CNBC's Contessa Brewer joins 'Worldwide Exchange' with a preview of this weekend's Formula 1 race in Las Vegas.
Persons: Contessa Brewer Locations: Las Vegas
Currently, 35 states and Washington, D.C., have legal sports betting, according to the AGA. Fanatics, the Michael Rubin-founded sports merchandise company, acquired the U.S. operations of PointsBet after a several-year pursuit of an entry to the sports betting market. "These are partnerships that we've been building up for years long before online sports betting was legal in the states." And oh, by the way, you're spending a lot of money making sure that again, you can responsibly bring consumers to your platform," Howe said. Hear how CEOs from Target, FedEx, Kraft Heinz, FanDuel and more are adapting, innovating and transforming in this new era of business.
Persons: FanDuel, Michael Rubin, Amy Howe, CNBC's Contessa Brewer, you've, Howe, there's, we've, It's, Kraft Heinz Organizations: Supreme, American Gaming Association, D.C, Caesars, Disney, ESPN, ESPN Bet, Penn Entertainment, CNBC's, CNBC, FanDuel, Ticketmaster, NFL, NBA, MLB, NHL, Google, Target, FedEx, Kraft Locations: U.S, Washington, PointsBet
Caesars reports record Q3 EBITDA
  + stars: | 2023-11-01 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCaesars reports record Q3 EBITDACNBC's Contessa Brewer reports on the latest from Caesars quarterly earnings results.
Persons: Contessa Brewer Organizations: Caesars
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's travel and tourism fuels Las Vegas Sands cash flow as Macao and Singapore bounce backCNBC's Contessa Brewer reports on the latest details from Las Vegas Sands' earnings results.
Persons: Contessa Brewer Organizations: Vegas Sands, Las Vegas Sands Locations: Macao, Singapore, Las Vegas
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe diversity of our hotel-casino-resorts has made us leaders in Asia, says LVS's Robert GoldsteinCNBC's Contessa Brewer and Robert Goldstein, Las Vegas Sands CEO, join 'The Exchange' to discuss the power of the Chinese consumer, Las Vegas Sands' latest earnings results, competition in the casino gaming space.
Persons: LVS's Robert Goldstein, Contessa Brewer, Robert Goldstein Organizations: Las Vegas Sands Locations: Asia, Vegas
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNetflix agrees to a casino licensing deal based on the hit show Squid GameCNBC's Contessa Brewer reports on news from the gambling and streaming industries.
Persons: Contessa Brewer Organizations: Netflix
SEC suing Elon Musk to force him to testify in Twitter probe
  + stars: | 2023-10-05 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSEC suing Elon Musk to force him to testify in Twitter probeCNBC's Contessa Brewer reports on breaking news concerning the SEC suing Tesla CEO Elon Musk.
Persons: Elon Musk, Contessa Brewer, Tesla Organizations: SEC, Twitter
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThunderstorms in the U.S. account for $35 billion in insured damaged during the first half of '23CNBC's Contessa Brewer reports on the latest in an unpredictable year for weather events, and the stocks that are benefitting.
Persons: Contessa Brewer Locations: U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailState of Hispanic wealth: Hispanic wealth tripled since 2014CNBC's Contessa Brewer joins 'Squawk Box' to report on the state of Hispanic wealth.
Persons: Contessa Brewer Organizations: State
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLatino household wealth is growing: Here's what you need to knowCNBC's Contessa Brewer reports on the jump in household wealth for Latinos over the last decade.
Persons: CNBC's Contessa Brewer
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMGM and Caesars hacked: FBI investigating cyber intrusionCNBC's Contessa Brewer reports on a cybersecurity hack in the casino industry.
Persons: Contessa Brewer Organizations: MGM, Caesars
The cybercrime group has made a ransom demand to MGM as well, those sources told CNBC's Contessa Brewer. The 8-K report, similar to one filed by MGM Resorts on Wednesday, acknowledges the hack as a material event. The cybercrime group demanded a $30 million ransom from Caesars, but the company ultimately agreed to pay about half that, sources said. Bloomberg previously reported the ransom and that the same group is behind the attacks on both companies. It wasn't immediately clear why Caesars delayed filing the report disclosing the hack and ransom for weeks.
Persons: CNBC's Contessa Brewer, Charles Carmakal Organizations: Caesars, CNBC, MGM, U.S . Securities, Exchange, MGM Resorts, Google, Bloomberg, vx, Twitter, Security, SEC Locations: United States, Twilio
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInsurers are acting fast to process initial claims from fire devastation in MauCNBC's Contessa Brewer joins 'Squawk on the Street' to discuss the state of wildfire destruction in Maui, Hawaii, shortages in shelter supplies for evacuees, and evaluating the insurance impact of Maui's wildfires.
Persons: Contessa Brewer Locations: Maui, Hawaii
Maui wildfires: What you need to know
  + stars: | 2023-08-11 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMaui wildfires: What you need to knowCNBC's Contessa Brewer joins 'Power Lunch' to discuss the struggle to account for missing persons in Hawaii, donations funneling in to help support the devastation in Hawaii, and the economic impact of the fire destruction.
Persons: CNBC's Contessa Brewer Locations: Hawaii
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDeadly Maui wildfires projected to have major economic impact on HawaiiCNBC's Contessa Brewer joins 'Closing Bell Overtime' to talk the economic impact of the deadly wildfires in Hawaii.
Persons: Hawaii CNBC's Contessa Brewer Organizations: Hawaii CNBC's Locations: Hawaii
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTotal cost of Maui wildfire damage and economic loss between $8 to $10 billion: AccuWeatherCNBC's Contessa Brewer joins 'Squawk Box' with the latest news out of Maui.
Persons: Contessa Brewer Locations: Maui
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDave Portnoy is the only natural owner for Barstool Sports long-term, says PENN CEO Jay Snowden'Mad Money' host Jim Cramer and CNBC's Contessa Brewer sit down with PENN entertainment President and CEO Jay Snowden to talk PENN's new partnership with ESPN.
Persons: Dave Portnoy, Jay Snowden, Jim Cramer, Contessa Brewer Organizations: Barstool, PENN, ESPN
Penn Entertainment CEO Jay Snowden told CNBC's Jim Cramer and CNBC's Contessa Brewer that the only natural owner of Barstool Sports was David Portnoy, who founded the company in 2003. Penn Entertainment, a gambling firm, announced Tuesday it would be divesting Barstool — selling the entity back to Portnoy — while entering a $1.5 billion deal with Disney 's ESPN to launch a betting sportsbook. "Dave Portnoy is the only natural owner for Barstool sports long term," Snowden said. Snowden explained that the company realized its product was quickly becoming outdated by having to rely on a third-party platform. The ESPN deal marks the first time the brand will be on a sports betting platform, known as ESPN Bet.
Persons: Jay Snowden, Jim Cramer, Contessa Brewer, David Portnoy, Portnoy —, Dave Portnoy, Snowden, Wednesday's, DraftKings Organizations: Penn Entertainment, Barstool Sports, Disney, ESPN, ESPN Bet
PENN Entertainment CEO Jay Snowden sits down with Jim Cramer to talk ESPN partnership'Mad Money' host Jim Cramer and CNBC's Contessa Brewer sit down with PENN entertainment President and CEO Jay Snowden to talk PENN's new partnership with ESPN.
Persons: Jay Snowden, Jim Cramer, Contessa Brewer Organizations: PENN Entertainment, ESPN, PENN
DraftKings and FanDuel are dominating sports betting
  + stars: | 2023-05-31 | by ( Contessa Brewer | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDraftKings and FanDuel are dominating sports bettingCNBC's Contessa Brewer joins 'Squawk on the Street' to report on DraftKings' outperformance and dominance in the sports betting sector.
Persons: Contessa Brewer
Travelers' shares spike higher following earnings beat
  + stars: | 2023-04-19 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTravelers' shares spike higher following earnings beatCNBC's Contessa Brewer joins 'Halftime Report' to discuss Travelers' stock moving higher despite catastrophe losses, the tax benefit behind the earnings beat, and the company's buyback announcement.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer President Trump lands in Florida after pleading not guilty to felony chargesHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. CNBC's Contessa Brewer reports on Donald Trump's arraignment in New York City on 34 felony counts of falsifying business records.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump supporters gather around New York City courthouse ahead of arraignmentCNBC's Contessa Brewer reports from outside the Manhattan courthouse where former President Trump is expected to face an arraignment on charges related to a hush money payment his former lawyer and fixer Michael Cohen made to former adult film star Stormy Daniels ahead of the 2016 election.
DraftKings' CEO pay soars as company loses money
  + stars: | 2023-03-28 | by ( Contessa Brewer | ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDraftKings' CEO pay soars as company loses moneyCNBC's Contessa Brewer joins 'Power Lunch' to discuss DraftKings increasing it's CEO's salary following money losses, the ratio of CEO pay to median employee income, and the state of game betting
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