Entertainment Gambling

  • Jan 20- Canada's Amaya Inc raised its 2016 adjusted profit forecast, citing better-than-expected results in the fourth quarter ended Dec. 31, helped by its casino games and a successful relaunch in Portugal. The gambling website operator now expects 2016 adjusted profit of $364 million- $374 million, higher than its previous forecast of between $344 million...

  • Jan 20- Canada's Amaya Inc raised its adjusted profit forecast for 2016, citing better-than-expected results in the fourth quarter ended Dec 31., helped by its casino games and a successful relaunch in Portugal. The gambling website operator now expects adjusted profit of $364 million- $374 million for 2016, higher than its previous forecast of between $344...

  • HARRISBURG, Pa.— It's what everyone in the Pennsylvania Capitol is asking: How will Gov. Tom Wolf balance his budget proposal without a major tax increase? Spending in the fiscal year starting July 1 could exceed $33 billion, and the big problem is this: Analysts are projecting a $2 billion- plus hole in the state's finances.

  • ATLANTIC CITY, N.J.— In a story Jan. 12 about Atlantic City casino revenue, The Associated Press misspelled the name of the general manager of the Golden Nugget casino. ATLANTIC CITY, N.J.— Internet gambling helped Atlantic City's casinos post their first revenue increase in a decade. The last time Atlantic City casino revenue increased was in 2006, just as a wave of...

  • GETTYSBURG, Pa.— A Pennsylvania businessman wants to build a harness racing track and casino near Gettysburg, the site of the 1863 battle that turned the tide of the American Civil War. The proposed location on about 700 acres is just east of where U.S. Route 15 crosses the Maryland- Pennsylvania line. It's LeVan's third attempt to bring gambling to Gettysburg.

  • ATLANTIC CITY, N.J.— Internet gambling helped Atlantic City's casinos post their first revenue increase in a decade. The last time Atlantic City casino revenue increased was in 2006, just as a wave of Pennsylvania casinos began opening and drawing away Atlantic City's customers. But Matt Levinson, chairman of the New Jersey Casino Control Commission, thinks...

  • LAS VEGAS— Nevada's biggest casinos combined to turn a profit in fiscal 2016 for the first time in eight years, but it wasn't due to gambling winnings, according to an annual report by state regulators. Room rentals and fees helped resorts generate income of almost $979 million from total revenues of $25.2 billion in the year ended last June 30, the state Gaming...

  • Bookmakers in the U.K. and Ireland are placing bets on what could happen during President-elect Donald Trump's time in the White House.

  • *FTSE 100 hits new record high, up 0.2 pct. *FTSE small-cap hits new record high. The FTSE 100 opened at a record high of 7,239.26 points, then settled at 7,227.11 points, up 0.2 percent, by 1020 GMT.

  • HONG KONG, Jan 1- Gambling revenue in the Chinese territory of Macau fell for a third year in a row in 2016 as a prolonged anti-corruption campaign and slowing economic growth sapped sentiment in the world's largest casino hub. "Macau gaming, now firmly at the bottom of the cycle, has better long-term prospects given investments in new supply, improvements in mass...

  • Rodrigo Duterte announced on Thursday he would halt all online gambling in his country.

  • Spain's El Gordo lottery worth $2.4B this year

    Spain's annual Christmas lottery is the world's richest sweepstakes and takes place on Thursday.

  • People dressed in costumes attend the draw of Spain's Christmas Lottery "El Gordo" (The Fat One) in Madrid, Spain, December 22, 2015.

    El Gordo, the world's richest sweepstakes, will total a fat $2.4 billion this year, give or take a hundred million.

  • Unusual activity: Betting on MGM

    "Fast Money Halftime Report" trader Jon Najarian discusses unusual options activity in MGM Resorts.

  • *Bill allows high-stakes gambling in Japan for first time. TOKYO, Dec 15- Japan's parliament passed a law on Thursday to legalise casinos, ending 15 years of political argument and opening the way for projects that combine high-stakes gambling with hotels, shopping and conference space. As few as three casinos could generate nearly $10 billion in net profit...

  • *Bill allows high-stakes gambling in Japan for first time. TOKYO, Dec 15- Japan's parliament passed a law on Thursday to legalize casinos, ending 15 years of political argument and opening the way for projects that combine high-stakes gambling with hotels, shopping and conference space. As few as three casinos could generate nearly $10 billion in net profit...

  • TOKYO, Dec 13- A contentious bill to legalize casinos in Japan cleared a key parliamentary panel on Tuesday, paving the way for high-stakes gambling in the world's third-biggest economy. Brushing off concerns- even from within Prime Minister Shinzo Abe's ruling coalition- over gambling addiction and other social ills, lawmakers in an upper house committee...

  • TOKYO, Dec 13- A contentious bill to legalise casinos in Japan cleared a key parliamentary panel on Tuesday, paving the way for high-stakes gambling in the world's third-biggest economy. Brushing off concerns- even from within Prime Minister Shinzo Abe's ruling coalition- over gambling addiction and other social ills, lawmakers in an upper house committee...

  • TOKYO, Dec 13- A contentious bill to legalise casinos in Japan cleared a key parliamentary panel on Tuesday, paving the way for high-stakes gambling in the world's third-biggest economy. Brushing off concerns- even from within Prime Minister Shinzo Abe's ruling coalition- over gambling addiction and other social ills, lawmakers in an upper house committee...

  • TOKYO, Dec 13- A contentious bill to legalize casinos in Japan cleared a key parliamentary panel on Tuesday, paving the way for high-stakes gambling in the world's third-biggest economy. Brushing off concerns- even from within Prime Minister Shinzo Abe's ruling coalition- over gambling addiction and other social ills, lawmakers in an upper house committee...