Entertainment Gambling


  • ATLANTIC CITY, N.J.— Atlantic City's Borgata casino says it will stop making tax payments until the city hands over $62.5 million in court-ordered tax refunds. Atlantic City owes more than $170 million to the Borgata in tax appeals that the casino won by challenging the property's assessed value as the city's gambling market shrank amid cutthroat competition...

  • No one claims a $63M jackpot Friday, 5 Feb 2016 | 9:11 AM ET
    No one claims a $63M jackpot

    This would be the largest unclaimed prize in California Lottery history.

  • No verified claim for $63M lotto jackpot Friday, 5 Feb 2016 | 7:38 AM ET
    Lottery balls are seen in a box at Kavanagh Liquors on January 12, 2015 in San Lorenzo, California.

    Luck may have run out for the winner of a California Lottery jackpot: The person has apparently let $63 million slip away.

  • In New England, where a regional casino war is afoot, Connecticut's Foxwoods is remaking one of its gambling floors— now christened "The Fox"— as a hip, fun scene in the sprawling 30- year-old casino complex. In Rhode Island, the more modest-sized Twin River Casino removed 274 slot machines to make way for more poker and other table games favored by younger gamblers...

  • Las Vegas betting big on Super Bowl 50 Wednesday, 3 Feb 2016 | 6:23 AM ET
    Las Vegas betting big on Super Bowl 50

    The gambling hub's wagering experts say the money is overwhelmingly coming in on the Carolina Panthers.

  • Super Bowl: It's clear whom Vegas is picking... Tuesday, 2 Feb 2016 | 1:43 PM ET
    The Vince Lombardi Trophy

    As Super Bowl week begins, Las Vegas wagering experts say the money is overwhelmingly coming in on the Panthers.

  • Is the worst over for Macau's gaming sector? Monday, 1 Feb 2016 | 8:52 PM ET
    Macau Gaming

    Richard Huang, a research analyst at Nomura, says in Macau lodging and entertainment ventures are getting as much focus as its gaming sector.

  • A look at Macau's gloomy gaming sector Monday, 1 Feb 2016 | 6:01 PM ET
    Macau gambling revenue slump

    CNBC's Emily Tan reports on how China's recent anti-corruption drive have changed Macau's gaming fortunes.

  • HONG KONG, Feb 1- Gambling revenues for the Chinese territory of Macau dropped 21.4 percent in January, ahead of a Lunar New Year week-long holiday which is expected to boost the number of visitors to the world's largest casino hub. Macau, which relies on the casinos for revenue, has been battered by a two-year-old anti-corruption campaign and slowing growth in...

  • Payment processor drops FanDuel & DraftKings: NYT Friday, 29 Jan 2016 | 3:01 PM ET
    Payment processor drops FanDuel & DraftKings: NYT

    The New York Times is reporting a payment processor has dropped FanDuel and DraftKings.

  • Betting site heightens match-fixing suspicions at Australian Open

    Major sports gambling website Pinnacle Sports suspended betting on Sunday.

  • Fantasy sports sites go to lawmakers — with cash Thursday, 21 Jan 2016 | 1:24 PM ET
    The fantasy sports website DraftKings

    As the daily fantasy sports industry fights to keep operating across the United States, it's also funneling cash toward lawmakers.

  • Atlantic City warns of possible bankruptcy Wednesday, 20 Jan 2016 | 7:00 AM ET
    Atlantic City warns of possible bankruptcy

    Mayor Don Guardian says the gambling hub may have to declare bankruptcy if the state cannot come up with the funding needed.

  • TX AG: Fantasy sports constitute illegal gambling Tuesday, 19 Jan 2016 | 1:42 PM ET
    TX AG: Fantasy sports constitute illegal gambling

    Texas is the latest state to declare that daily fantasy sports should be considered gambling, reports CNBC's Dominic Chu.

  • DENVER/ CHICAGO, Jan 14- The fervor around this week's $1.6 billion Powerball jackpot will feed annual lottery ticket sales worth tens of billions of dollars, but public policy experts estimate only about a quarter of that revenue will ultimately make it into state coffers. The record prize will be divided among three tickets bought in California, Tennessee and...

  • Bet on it: More Powerball billions are coming Thursday, 14 Jan 2016 | 12:27 PM ET
    The winning Powerball number is shown after being drawn at the Florida Lottery studio in Tallahassee, Florida January 13, 2016. The winning numbers are 8-27-34-4-19 and the Powerball number is 10. A winning ticket for the biggest-ever $1.59 billion Powerball lottery jackpot was sold in California, state lottery officials said on Wednesday.

    Based on the way the Powerball authorities changed the system of numbers, there will be more billion-dollar jackpots in the future.

  • Powerball winners in Calif., Florida, Tennessee Thursday, 14 Jan 2016 | 7:00 AM ET
    Powerball winners in Calif., Florida, Tennessee

    The winning tickets for the $1.6 billion Powerball jackpot were sold in three states.

  • LOS ANGELES, Jan 14- The winners of the record $1.6 billion U.S. Powerball jackpot had yet to emerge early on Thursday, with lottery officials saying the massive prize will be split between ticket holders in three states- Tennessee, California and Florida. Two other winning tickets were sold at locations in Tennessee and Florida, but the cities have not been...

  • At least 3 winners to share monster Powerball jackpot Thursday, 14 Jan 2016 | 3:10 AM ET
    7-Eleven store clerk M. Faroqui celebrates after selling a winning Powerball ticket was sold is shown in Chino Hills, California January 13, 2016. A winning ticket was sold there for the massive $1.59 billion Powerball lottery on Wednesday, officials said after drawing the winning numbers for the world's largest potential jackpot for a single player.

    The California Lottery said winning tickets for the $1.5B Powerball jackpot were sold in California, Florida and Tennessee.

  • *Winning tickets sold in California, Tennessee and Florida. LOS ANGELES, Jan 13- Winning tickets in the nearly $1.6- billion Powerball lottery were sold in California, Florida and Tennessee, officials said on Thursday, leaving at least three people to split the record-setting jackpot. California Lottery officials confirmed that the winning six numbers had...