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  • Sports betting mutual fund Thursday, 25 Jun 2015 | 2:52 PM ET
    Sports betting mutual fund

    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.

  • A poker tourney win is nice. $310K extra is better Wednesday, 17 Jun 2015 | 11:00 AM ET
    World Series of Poker

    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...

  • Report: The next James Bond may be ... Tuesday, 16 Jun 2015 | 8:56 AM ET
    Actor Damien Lewis.

    This British actor is now among the front-runners to become the next James Bond, The Hollywood Reporter said.

  • American Pharoah bettors leave $315K behind Monday, 8 Jun 2015 | 6:33 PM ET
    American Pharoah #5, ridden by Victor Espinoza, comes down the final stretch ahead of the field on his way to winning the 147th running of the Belmont Stakes at Belmont Park on June 6, 2015 in Elmont, New York.

    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 sector worth over $450 billion Thursday, 28 May 2015 | 9:55 AM ET
    n this handout provided by the Las Vegas News Bureau, the Mirage Resort Race and Sports Book in Las Vegas is shown crowded with basketball fans during NCAA March Madness Tournament  in Las Vegas.

    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 wins 2nd leg of Triple Crown Sunday, 17 May 2015 | 5:59 AM ET
    American Pharoah

    American Pharoah won the 140th running of the Preakness Stakes by a whopping seven lengths on Saturday at Pimlico Race Course. The NYT reports.

  • A fantasy sports fan play about to pay $1 billion Saturday, 16 May 2015 | 9:30 AM ET
    DraftKings founders (left to right) Paul Liberman, Jason Robins and Matt Kalish

    DraftKings is soon to hit $1 billion in prizes. Better still, the fantasy sports betting site expects to award $1 billion in 2015 alone.

  • DraftKings looks to change the game in sports Friday, 15 May 2015 | 6:30 PM ET
    DraftKings looks to change the game in sports

    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.

  • What you didn't know about carpets at casinos Friday, 15 May 2015 | 2:51 PM ET
    What you didn't know about carpets at casinos

    CNBC's Jane Wells reports on how casinos replace carpets.

  • That ugly casino carpet? Here's what's under it Thursday, 14 May 2015 | 12:18 PM ET
    Another busy carpet. The casino floor at Caesars Palace, Las Vegas.

    CNBC looks at those busy casino carpets and the surprising thing that is under them.

  • BOSTON, May 12- A union representing workers in New Jersey gambling hub Atlantic City said on Tuesday it asked the state's top prosecutor to investigate Herbalife Ltd, saying it is worried the nutrition supplements company could "prey" on unemployed workers in the casino industry. Unite Here Local 54 is the latest group to ask officials across the United States...

  • Cambodia PM refuses to honor $5K Pacquiao bet Tuesday, 5 May 2015 | 9:08 AM ET
    Manny Pacquiao throws a right at Floyd Mayweather Jr. during their welterweight unification championship bout on May 2, 2015 at MGM Grand Garden Arena in Las Vegas, Nevada.

    Last week, millions placed their bets – and lost - on the “fight of the century” when Mayweather Jr. beat Pacquiao... including an political leader.

  • SEOUL/ HONG KONG, May 5- The dealing rooms of Seoul's foreigners-only casinos are echoing to the sound of Mandarin as operators target a new breed of' low-roller' gamblers- Chinese shoppers. In places like Paradise Walkerhill in Seoul, Paradise Co Ltd, South Korea's biggest casino firm, is targeting people like Chen Jie Yi, a 27- year-old from Beijing on a recent tour...

  • HONG KONG, May 4- Macau casino stocks have lost as much as half their value over the past year as China's anti-corruption crackdown scares away wealthy VIP punters, but some investors say their faith in long-term gambling demand from the mainland remains unshaken. Industry moguls like Wynn Resorts' Steve Wynn and Las Vegas Sands' Sheldon Adelson have noted the...

  • HONG KONG, May 4- Macau casino stocks have lost as much as half their value over the past year as China's anti-corruption crackdown scares away wealthy VIP punters, but some investors say their faith in long-term gambling demand from the mainland remains unshaken. Industry moguls like Wynn Resorts' Steve Wynn and Las Vegas Sands' Sheldon Adelson have noted the...

  • Post time for the $2,500 mint julep! Friday, 1 May 2015 | 3:14 PM ET
    Woodford Reserve bourbon

    Kentucky Derby goers will pay from $10 to $2,500 for one of the 250,000-plus glasses of the sugary concoction that will be served this weekend.

  • Overhyped? Mayweather-Pacquiao loses some steam Friday, 1 May 2015 | 11:39 AM ET
    Workers install signs for an upcoming bout at the MGM Grand Garden Arena, April 27, 2015, in Las Vegas. Floyd Mayweather Jr. and Manny Pacquiao are scheduled to fight May 2.

    Sky-high ticket prices and hotel room rates are starting to come down, though they remain inflated beyond anything Vegas has ever seen.