Macau casinos face mid-single digit revenue declines in 2016, but the numbers are stabilizing thanks to its mass market segment and new casino projects, says Alex Bumazhny, director at Fitch Ratings.» Read More
Daily fantasy sports sites, which have provided people with a legal way to play the odds online, seem increasingly vulnerable to legal challenge. The New York Times writes.
Online betting site Intrade said it had ceased trading immediately due to circumstances that may include "financial irregularities" and require further investigation.
Netflix is giving back some of its dramatic gains this year, reports CNBC's Julia Boorstin.
CNBC's Julia Boorstin reports New Jersey's Governor Chris Christie signed a bill that legalizes online gambling in the state.
A few well-known companies stand to gain as online gambling is legalized in New Jersey, OptionMonster's Jon Najarian says.
CNBC's Julia Boorstin reports New Jersey is now becoming the third state in the nation to offer online betting.
New Jersey Governor on Tuesday approved online gambling within the state's border, to help boost state revenues.
Caesars is blaming half the drop in Q4 net revenue on Hurricane Sandy, and online gambling has been legalized in Nevada, reports CNBC's Jane Wells.
A spokesman for Caesars Entertainment commented on recent violent activity in Las Vegas, saying "we are concerned because it can create misconceptions about the safety of the city," reports CNBC's Jane Wells.
Less than a year after opening, Atlantic City's newest casino and resort, Revel, has found itself headed to bankruptcy court.
Chinese authorities said they had shut down a cashless casino bar in the resort island of Hainan on Tuesday, two days after a Reuters report drew attention to it.
Owned by art, film and real estate mogul Zhang Baoquan, Tree Resort World on Sanya Bay bar marks the Chinese government's first tacit approval of a gaming concept outside of Macau.
Las Vegas is rolling out the red carpet for travelers from China, with CNBC's Jane Wells. Daniel Rosen, Rhodium Group Partner, says the "Chinese never stop doing business," and discusses how to capitalize on the country's growth.
RGC Economics predicts nearly 4,000 Chinese nationals will come to Sin City for Year of the Snake celebrations. Some will spend up to $100,000 on the trip.
Guests at one New Jersey casino will be the first in the U.S. to place bets with the click of their television remote controls.
New Jersey Gov. Chris Christie may have vetoed a bill that would legalize online gambling in the state, but he laid out a clear path to its eventual APPROVAL.
Discussing the state of online gambling and more, with the "Power Lunch" crew.
Macau gambling stocks such as Sands China and Galaxy Entertainment Group fell on Wednesday after a media report said Beijing may crack down on junket operators that bring in Chinese VIP high-rollers, arrange credit and collect debts.
Beyond wagering on traditional point spreads, gamblers these days can choose to put money down on hundreds of obscure and sometimes ridiculous bets listed on sportsbooks for the Super Bowl.
NBC's Kevin Tibbles reports the latest details on the cyanide poisoning of the million dollar lottery winner.