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Entertainment Gambling


  • Cost-cutting, gambling rise boost Mohegan Sun 3Q profit Wednesday, 29 Jul 2015 | 11:16 AM ET

    UNCASVILLE, Conn.— A spike in slot machine and table game use and cost-cutting helped significantly boost third-quarter profit at the Mohegan Sun casinos in Connecticut and Pennsylvania, the parent company reported Wednesday. Slot machine revenue of $142.2 million at the Mohegan Sun in Connecticut was up about 3 percent from the third quarter of 2014. Table...

  • Casino high rollers: Tales of abuse, rule-bending Tuesday, 28 Jul 2015 | 12:50 PM ET
    Patrons play craps at a table at Mohegan Sun in Uncasville, Conn. (file photo).

    Some casino dealers take extreme measures, like tolerating abuse and bending the rules, to satisfy and retain high rollers.

  • Poker star Ivey sues casino that claims he cheated Monday, 27 Jul 2015 | 4:02 PM ET
    A 2009 file photo of Phil Ivey during the World Series of Poker.

    A professional poker player has sued a casino that claimed he won $9.6 million by cheating at baccarat.

  • A signing bonus for DraftKings Monday, 27 Jul 2015 | 10:00 AM ET
    A signing bonus for DraftKings

    DraftKings raises $300 million; now valued at around $1.2 billion.

  • BOSTON— Lawsuits challenging Massachusetts' decision to award Wynn Resorts a gambling license have come with a hefty price tag. The state Gaming Commission and three cities involved in the legal fight— Boston, Revere and Somerville— have spent more than $1.4 million combined since the first complaints were filed in October, a review by The Associated Press has...

  • LAS VEGAS— A deal involving Pinnacle Entertainment is the latest example of a casino company separating its gambling operations from its real estate to generate cash. Las Vegas- based Pinnacle announced this week it would sell most of its casino-hotels to a real estate investment trust, Pennsylvania- based Gaming and Leisure Properties Inc., in an all-stock...

  • Mohegan Sun takes gamble with online casino for NJ Wednesday, 22 Jul 2015 | 4:02 PM ET
    People play the slot machines at the Mohegan Sun in Uncasville, CT

    Mohegan Sun enters New Jersey's online casino market this week with a real-money gambling website, Mohegansun.com.

  • Ex-lottery worker convicted of rigging system Monday, 20 Jul 2015 | 1:19 PM ET
    In this July 15, 2015, photo, Eddie Tipton looks over at his lawyers before the start of his trial at the Polk County Courthouse in Des Moines, Iowa.

    A former lottery security official has been found guilty of fraud for rigging a Hot Lotto game so he could win a $14 million jackpot.

  • DES MOINES, Iowa— A former lottery security official was found guilty Monday of rigging a computerized Hot Lotto game so he could win a $14 million jackpot then trying to get acquaintances to cash the prize for him without revealing his identity. Tipton, of Norwalk, had been working for the Des Moines- based Multi-State Lottery Association since 2003 and was...

  • July 17- Employees at the Trump Taj Mahal casino, in New Jersey's struggling gambling hub Atlantic City, have voted to authorize a strike over sharp cuts in pay, benefits and other issues, their union said on Friday. About a thousand people would potentially walk out, including bartenders, cocktail waitresses, bellmen, cooks and housekeepers, according to Ben...

  • Poker's biggest star misses final table at Series Wednesday, 15 Jul 2015 | 11:17 AM ET
    Daniel Negreanu on the floor after his elimination.

    Poker's biggest star, Daniel Negreanu, came up two places short of making the final table of the Main Event in the World Series of Poker.

  • Pro poker's biggest shark closes on tourney final Tuesday, 14 Jul 2015 | 1:14 PM ET
    Daniel Negreanu, World Series of Poker

    One of the biggest names in professional poker is just one day away from getting to the sport's biggest stage.

  • Yahoo bets on fantasy sports Thursday, 9 Jul 2015 | 6:00 AM ET
    Yahoo bets on fantasy sports

    Yahoo gets into online gambling. It has unveiled an upgraded version of its fantasy sports mobile app called Daily Fantasy that lets users bet real money on competitions amongst friends or in larger tournaments.

  • Odds are, you won't like this Powerball story Tuesday, 7 Jul 2015 | 6:46 AM ET
    Powerball lottery ticket

    Here's the bad news: It will soon be more difficult to win Powerball.

  • Luck may not be a lady if the IRS has its way Saturday, 4 Jul 2015 | 1:07 PM ET
    Woman winning at slot machine

    The IRS has proposed reducing the size of the slot machine winning that will trigger a tax form. That could be bad news for both gamblers and casinos.

  • Future of sports betting Thursday, 2 Jul 2015 | 2:16 PM ET

    What are the odds sports betting becomes legal in New Jersey? David Tawil, Maglan Capital President, and Daniel Wallach, sports gambling attorney with Becker & Poliakoff, discuss.

  • Cashing in on Atlantic City Thursday, 2 Jul 2015 | 2:14 PM ET
    Cashing in on Atlantic City

    Golden Nugget has seen revenue increase 38 percent this year. CNBC's Morgan Brennan spoke to Golden Nugget executive VP Tom Pohlman in Atlantic City, New Jersey.

  • LONDON, July 2- Greek betting firm OPAP has delayed the planned launch of its video lottery terminals, saying it needs more time to ensure the machines comply with new, tougher rules on machine-based gambling introduced by the current government. OPAP said it had not been expecting the new regulations, which were published on June 12 and call for lower jackpot...

  • Bookmaker pays out early on Greek "Yes" bet Wednesday, 1 Jul 2015 | 7:52 AM ET

    LONDON, July 1- Bookmakers Paddy Power have made an early payout to gamblers betting that Greece will vote to accept its creditors' bailout terms in a referendum on Sunday, the firm announced on Twitter on Wednesday. Since calling the referendum on Friday, Greek Prime Minister Alexis Tsipras has written to international creditors saying Greece could accept a...

  • Former 'Survivor' star wins big in poker tourney Friday, 26 Jun 2015 | 12:05 PM ET
    Jean-Robert Bellande

    Jean-Robert Bellande took home $784,828 in the Poker Players Championship at the World Series of Poker in the early morning hours Friday.