GENEVA— Switzerland and the United States have split the take of nearly $50 million following the break-up of an illegal online gambling service. The Swiss Justice Ministry says the assets have been divided up following plea agreements in 2009 between the U.S. government and top executives of BetOnSports facing racketeering and other charges.» Read More
While a slowdown in Macau, the world’s number one gaming destination by revenue, has many analysts lowering growth forecasts and cutting stock prices, Goldman Sachs says there’s too much pessimism over the gaming market and investors could see good value in the long term in certain stocks.
Adobe beats earnings but shares fall; Jamie Dimon takes to Capitol Hill again but little new is learned; Wall Street waits to see what the Fed will do tomorrow; Steve Wynn’s former wife sues to sell her shares.
Cheaters are still finding ways to scam millions of dollars from casinos every year. Click ahead to see 10 methods these scammers use.
CNBC's Brian Shactman reports under the radar stocks investors should keep an eye on.
Weighing in on how travel and leisure stocks are faring around the world, with Jake Fuller, Lazard Capital Markets analyst. U.S. travel is strong and European travel is weakening, he says.
CNBC's Brian Shactman breaks down where gamblers are regionally focused.
Mega Millions fever took over the nation today, including Twitter, where users shared their thoughts on how they’d spend the $640 million jackpot in 140 characters or less. Here are a few of our favorites.
CNBC's Darren Rovell has the story on whether it would benefit lottery players to try to buy every number combination to win the jackpot.
Some celebrities, including Lauryn Hill, fell out of good standing with the IRS, and paid dearly for it. Read ahead to see some of the celebrities who just didn’t get that return in on time.
Wynn Resorts created a stir Friday morning when it mistakenly sent a regulatory filing to the SEC about a potential land deal for a second resort in Macau
David Bain, Sterne Agee gaming analyst, provides insight on Caesar's initial public offering, warning investors to avoid it unless they expect a huge economic turnaround, with the Fast Money traders.
As part of Tuesday’s offering, it will sell only 1.8 million shares to the public – a small 1.4 percent of the company. A select group of co-investors will also be allowed to sell a block of roughly 11 million shares once the stock opens for trading.
Two American brothers of a Mexican casino magnate who fled drug and fraud charges in the United States and has been seeking a pardon enabling him to return have emerged as major fund-raisers and donors for President Obama’s re-election campaign, The New York Times reports.
John Netto is putting his own wager on the Big Game, and taking wagers too through his sports-odds making company called Quantitative Sports Strategies run out of Las Vegas, Nevada.
If you want to bet legally on the outcome of Super Bowl, then you better live in Nevada, Delaware, Montana or Oregon.
There are now some 350 betting lines, or propositions, on smaller outcomes or scenarios in the Super Bowl, including which player scores first, accounting for half of all money wagered on the game in Las Vegas.
As states grapple with shrinking revenues, online gambling stands to reap a jackpot, an industry executive said on “Fast Money.”
Should you preparing for a game-changer in online gambling? Richard Branson, chairman of U.S. Digital Gaming, discusses what's next for the space, with the Fast Money team. Robin Farley, gaming analyst at UBS, also weighs in.
Many athletes who lost their earning power couldn’t keep up with their mortgage payments and were faced with foreclosure. Click to see the list of athletes with foreclosed homes.
CNBC's Darren Rovell has the details on an alleged ponzi scheme that hit the high stakes poker world.