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Entertainment Gambling

  • BISMARCK, N.D.— A U.S. trial for 10 defendants in a multimillion-dollar Jamaican lottery scam case has been delayed until early next year. District Judge Dan Hovland rescheduled the trial that was to begin July 17 in federal court in North Dakota to Jan. 22, 2018, after one of the suspects' attorneys said he had a conflict next month and also needed more time to prepare.

  • IOWA CITY, Iowa— The Iowa Supreme Court on Friday overturned the conviction of a lottery employee implicated in a nationwide cheating scandal, saying his trial over a rigged $16.5 million jackpot was tainted by unjustified delays in the investigation. The deal requires Tipton to plead guilty in Iowa to ongoing criminal conduct for his efforts to rig other...

  • LONDON, June 22- A network of dummy online stores offering household goods has been used as a front for internet gambling payments, a Reuters examination has found. The seven sites, operated out of Europe, purport to sell items including fabric, DVD cases, maps, gift wrap, mechanical tape, pin badges and flags. In fact, they are fake outlets, part of a multinational system...

  • HARRISBURG, Pa.— For a second time in 15 months, Pennsylvania's high court ordered state gambling regulators to re-examine the legality of the ownership structure of a group that won a lucrative Philadelphia- area casino license in late 2014.. The seven state Supreme Court justices ruled unanimously Tuesday that the Pennsylvania Gaming Control Board has not...

  • IOWA CITY, Iowa— Eddie Tipton, a former employee at the Multi-State Lottery Association, is accused of installing software on Random Number Generators that allowed him to predict winning combinations for drawings that occurred on three dates every non- leap year— Nov. 23, Dec. 29 and May 27. —Colorado: Nov. 23, 2005: Tipton's brother Tommy Tipton, a Texas magistrate, buys...

  • But Tommy Tipton, a Fayette County magistrate, told the FBI that his actions were innocent, if odd: He won the Colorado lottery but couldn't tell his wife because gambling was against their Christian faith. The FBI accepted the story and dropped its inquiry of Tipton, who soon bought a new truck and more property around the town of Flatonia, 110 miles west of Houston.

  • CHICAGO— Illinois Lottery officials say players in the state could see the end of Powerball and Mega Millions games this month if Illinois doesn't end its budget impasse. The Sun-Times says Illinois reported $99 million in Mega Millions sales and $208 million in Powerball sales in 2016. The Multi-State Lottery Association runs Powerball and says it's...

  • ATLANTIC CITY, N.J.— Summertime's nearly here, and the living is getting easier for Atlantic City's casino operators with the busiest and most profitable time of the year arriving as the industry is on a roll. Atlantic City's casinos saw their gambling revenue increase iby 4.3 percent in May compared with a year ago, to more than $229 million.

  • Chris Christie is betting that the lottery is the ticket to shoring up one of the state's most vexing money problems: ever-growing obligations to the pensions for public employees. Analysts and advocates say the deal— an arrangement that would be unique to New Jersey— probably won't hurt, but there's not a consensus on how much it might help.

  • *Crown says 18 staff held in China over "gambling crimes". *Case referred to Baoshan District Court in Shanghai. Since Crown disclosed that 18 of its staff were being held in China for unspecified "gambling offenses," the company- 48 percent owned by billionaire James Packer- has torn up its strategy of luring Chinese high rollers to the casino hub of Macau, shifting its...

  • China confirmed in November that it would prosecute three Australian employees of Crown Resorts Ltd. for allegedly violating strict Chinese gambling regulations. "Crown Resorts Ltd. announced today that all its detained employees in China as well as those employees released on bail have now been charged with offences related to the promotion of gambling...

  • LAS VEGAS— The iconic Stratosphere Casino in Las Vegas is changing hands. The $850 million deal also includes Arizona Charlie's Decatur and Arizona Charlie's Boulder in Las Vegas, as well as Aquarius Casino Resort in Laughlin. Golden Entertainment owns PT's Pub in Las Vegas as well as casinos in Pahrump, Nevada, Montana and Maryland.

  • June 8- Universal Entertainment Corp, a Japanese maker of slot machines, said on Thursday it was investigating what it suspects was an improper transfer of funds by Kazuo Okada, its founder and chairman, to a company he controls. The statement says that all but HK $5 million of the loan was subsequently transferred to Okada Holdings Limited, a company controlled by...

  • HONG KONG, June 2- Macau casino magnate Lawrence Ho, head of Melco Resorts, said measures introduced in mainland China and Macau to tackle capital flight were not denting sentiment, as demand continued to recover in the world's largest gambling hub. Casino revenue in the Chinese territory of Macau has boomed over the last 10 months, reversing a more than two-year...

  • Trader is gambling on Wynn for a breakout

    Trader Guy Adami offers his best stock to buy right now. The “Fast Money” traders weigh in.

  • HONG KONG, June 1- Revenues in the world's biggest casino hub of Macau jumped 24 percent in May, beating expectations and posting a 10- month winning streak as wealthy gamblers returned to the southern Chinese territory despite a corruption crackdown. Macau has rebounded amid better-than-expected economic growth in China, and from five-year lows set in 2014...

  • HONG KONG, June 1- Revenues in the world's biggest casino hub of Macau jumped 24 percent in May, beating expectations and posting a 10- month winning streak as wealthy gamblers returned to the southern Chinese territory despite a corruption crackdown. Gambling revenue in the only place in China where casino gaming is legal rose 23.7 percent in May to 22.7...

  • BRUSSELS, May 26- Malta let online gambling firms operate from the island across the European Union between at least 2012-2014 while failing to enforce its own rules on monitoring their computer servers, according to a former employee at Maltas gaming regulator. Malta has awarded around 500 online gaming licenses, the highest number in Europe.

  • BRUSSELS, May 22- Malta let online gambling firms operate from the island across the European Union between at least 2012-2014 while failing to enforce its own rules on monitoring their computer servers, according to a former employee at Maltas gaming regulator. Malta has awarded around 500 online gaming licences, the highest number in Europe.

  • BRUSSELS, May 21- Malta let online gambling firms operate from the island across the European Union between at least 2012-2014 while failing to enforce its own rules on monitoring their computer servers, according to a former employee at Maltas gaming regulator. Malta has awarded around 500 online gaming licences, the highest number in Europe.