Gambling revenue in Macau dropped 35.5 percent in August from a year earlier, sliding for a fifteenth month in a row and providing more evidence of a deepening downturn.» Read More
Here's the bad news: It will soon be more difficult to win Powerball.
The IRS has proposed reducing the size of the slot machine winning that will trigger a tax form. That could be bad news for both gamblers and casinos.
What are the odds sports betting becomes legal in New Jersey? David Tawil, Maglan Capital President, and Daniel Wallach, sports gambling attorney with Becker & Poliakoff, discuss.
Golden Nugget has seen revenue increase 38 percent this year. CNBC's Morgan Brennan spoke to Golden Nugget executive VP Tom Pohlman in Atlantic City, New Jersey.
LONDON, July 2- Greek betting firm OPAP has delayed the planned launch of its video lottery terminals, saying it needs more time to ensure the machines comply with new, tougher rules on machine-based gambling introduced by the current government. OPAP said it had not been expecting the new regulations, which were published on June 12 and call for lower jackpot...
LONDON, July 1- Bookmakers Paddy Power have made an early payout to gamblers betting that Greece will vote to accept its creditors' bailout terms in a referendum on Sunday, the firm announced on Twitter on Wednesday. Since calling the referendum on Friday, Greek Prime Minister Alexis Tsipras has written to international creditors saying Greece could accept a...
Jean-Robert Bellande took home $784,828 in the Poker Players Championship at the World Series of Poker in the early morning hours Friday.
Insight to a bill which makes it legal for out-of-state residents to have access to the states licensed sports books through sports betting investment funds, with Quinton Singleton, CG Technology VP.
Side bets are common among professional card sharks in the pro poker world, but they're not often talked about. Until now.
June 16- Kirk Kerkorian, the son of poor Armenian immigrants who used his gambler's instincts to became a multibillionaire Las Vegas casino tycoon, Hollywood mogul, airline owner and auto industry investor, died at age 98.. Three different times- in 1969, 1973 and 1993- Kerkorian built the world's biggest hotel in Las Vegas, the desert gambling capital where he...
This British actor is now among the front-runners to become the next James Bond, The Hollywood Reporter said.
Bettors who witnessed the first Triple Crown in over 30 years left behind their winnings in favor of the holding on to tickets.
Global gambling revenues climbed to more than $450 billion in 2014, predicted to reach $525 billion by 2019, according to industry report.
May 27- A nun-turned-developer was ordered to pay nearly $1 million for lavish spending and for hiring an ex-con known as Frankie the Fish while building a Mississippi casino, a court ruled on Wednesday. Sandra Manno, a one-time mayor of Marlton, New Jersey, who had spearheaded a vote to legalize gambling in the state, was ordered by a Delaware judge to pay $970,123...
HONG KONG, May 27- As revenue plummets at China's only legal gambling hub, global casino operators have a new mantra- what happens in Vegas, must also happen in Macau. The latter's two new resort projects, worth $3.2 billion, open in Macau later on Wednesday. As well as the mainland's crackdown, Macau's government is forcing casino firms, also including SJM Holdings...
American Pharoah won the 140th running of the Preakness Stakes by a whopping seven lengths on Saturday at Pimlico Race Course. The NYT reports.
DraftKings is soon to hit $1 billion in prizes. Better still, the fantasy sports betting site expects to award $1 billion in 2015 alone.
Is DraftKings the king of fantasy drafts? Jason Robins, co-founder and CEO, and Matt Kalish, co-founder, discuss the company's platform and pipeline, with Mad Money's Jim Cramer.
CNBC's Jane Wells reports on how casinos replace carpets.
CNBC looks at those busy casino carpets and the surprising thing that is under them.