LOUIVILLE, Ky. _ Churchill Downs Inc. on Thursday reported first-quarter net income of $2.8 million, after reporting a loss in the same period a year earlier. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share. Three analysts surveyed by Zacks expected $275 million. » Read More
The rule may serve to shed light on high-risk transactions such as international wires and large cash deposits.
Do you know what a "parlay" is? A "progressive parlay"? Well, before you bet your next paycheck on the big game, find out the lingo that you'll need to win.
The sighs heard round the office Thursday were likely from those who came out on the wrong end of their bracket picks for the NCAA tourney.
Casino companies' latest projects are tapping Asia's furthest corners, but bullish forecasts are relying on Chinese tourists' wandering feet.
Can South Korea's first foreign-owned casino give casino hotspots like Vegas and Macau a run for their money? CNBC's Julia Wood, Susan Li and Bernie Lo discuss.
Ladbroke's Alex Donoghue, discusses how you can have a bet on phrases the U.K. Chancellor George Osborne will say in his budget speech.
Bookmakers are offering odds for bets on the color of tie U.K. Chancellor George Osborne will wear during his budget announcement, with blue being the most tipped.
An estimated $400 million is up for grabs in the latest Mega Millions jackpot, making it the sixth-largest lottery prize in US history.
Las Vegas gambler Mark Johnston is suing a casino after losing $500,000 for letting him play drunk, reports CNBC's Eamon Javers.
A gambler is suing a Vegas casino after he lost $500,000, arguing he should not pay his debt because the establishment got him drunk.
George Pataki, the former governor of New York, has joined the fight against online gambling, claiming it could be used for money laundering.
Gamblers around the world lost $440 billion last year, and the industry is growing. The US is the biggest market, but China is rising.
David Attenborough, CEO of Tabcorp, explains his outlook on gaming in Australia and Asia and stresses the importance of proper gambling regulation.
When the Broncos take on the Seahawks in Super Bowl XLVIII on Sunday, gamblers will be risking money on a series of unique, novelty prop bets.
Virgin Group's Sir Richard Branson, says he put some money in bitcoin because he likes to learn about things. He thinks there will one day be a global currency that will be the future, but he suspects it will not be bitcoin.
Virgin Group's Sir Richard Branson, shares his proposition that companies have a larger responsibility beyond profits.
DOVER, Del.-- A panel examining how to keep Delaware's gambling industry competitive has yet to decide on recommendations for state lawmakers to consider. Several commission members noted that they are still awaiting a report from the accounting firm KPMG on the current status of Delaware's gambling industry.
There are $9 billion in projects either in the planning stages or underway in Las Vegas, as the city tries to dig its way out of the recession.
Las Vegas has $9 billion in projects in the works, reports CNBC's Jane Wells.
CNBC's Jane Wells reports that though Macau remains the cash cow for gaming in Asia, it is actually helping drive business to the U.S. Dr. J says any dips on these stocks should be bought.