Entertainment Gambling


  • HONG KONG, March 1- The Chinese territory of Macau on Tuesday posted its best monthly gambling revenue performance since October last year and the smallest drop in growth in 20 months as an increase in Lunar New Year tourists boosted the world's largest casino hub. Macau's economy, which relies on the casino industry for over 80 percent of government revenues,...

  • HONG KONG, March 1- The Chinese territory of Macau on Tuesday posted its best monthly gambling revenue performance since October last year, boosted by an increase in tourist numbers over the Lunar New Year holiday to the world's largest casino hub. The former Portuguese colony said growth in gambling revenue dropped 0.1 percent to 19.5 billion patacas, above...

  • The Crown Resorts Ltd. logo is displayed at the entrance to the Crown Towers hotel, part of the Crown Melbourne casino and entertainment complex, in Melbourne, Australia, on Friday, Aug. 7, 2015.

    Crown Resorts said first-half net profit fell by more than a fifth as a corruption crackdown continued to hammer turnover at its resorts in Macau.

  • MGM China

    Alex Bumazhny from Fitch Ratings says MGM's Q4 results, especially in Las Vegas, were better than anyone had expected.

  • Gaming Sector PKG

    Macau's mass market gaming segment is stabilizing, says Angela Han lee, gaming analyst at China Merchants Securities, Hong Kong.

  • Monkey business in Las Vegas

    CNBC's Jane Wells reports from Las Vegas, where the Chinese New Year celebrations could play a big role in the city's economy.

  • Fanduel

    Along with the rapid growth of fantasy sports has come questions about whether daily fantasy sport betting is even legal.

  • No one claims a $63M jackpot

    This would be the largest unclaimed prize in California Lottery history.

  • Lottery balls are seen in a box at Kavanagh Liquors on January 12, 2015 in San Lorenzo, California.

    Luck may have run out for the winner of a California Lottery jackpot: The person has apparently let $63 million slip away.

  • Las Vegas betting big on Super Bowl 50

    The gambling hub's wagering experts say the money is overwhelmingly coming in on the Carolina Panthers.

  • The Vince Lombardi Trophy

    As Super Bowl week begins, Las Vegas wagering experts say the money is overwhelmingly coming in on the Panthers.

  • Macau Gaming

    Richard Huang, a research analyst at Nomura, says in Macau lodging and entertainment ventures are getting as much focus as its gaming sector.

  • Macau gambling revenue slump

    CNBC's Emily Tan reports on how China's recent anti-corruption drive have changed Macau's gaming fortunes.

  • HONG KONG, Feb 1- Gambling revenues for the Chinese territory of Macau dropped 21.4 percent in January, ahead of a Lunar New Year week-long holiday which is expected to boost the number of visitors to the world's largest casino hub. Macau, which relies on the casinos for revenue, has been battered by a two-year-old anti-corruption campaign and slowing growth in...

  • Payment processor drops FanDuel & DraftKings: NYT

    The New York Times is reporting a payment processor has dropped FanDuel and DraftKings.

  • Betting site heightens match-fixing suspicions at Australian Open

    Major sports gambling website Pinnacle Sports suspended betting on Sunday.

  • The fantasy sports website DraftKings

    As the daily fantasy sports industry fights to keep operating across the United States, it's also funneling cash toward lawmakers.

  • Atlantic City warns of possible bankruptcy

    Mayor Don Guardian says the gambling hub may have to declare bankruptcy if the state cannot come up with the funding needed.

  • TX AG: Fantasy sports constitute illegal gambling

    Texas is the latest state to declare that daily fantasy sports should be considered gambling, reports CNBC's Dominic Chu.

  • DENVER/ CHICAGO, Jan 14- The fervor around this week's $1.6 billion Powerball jackpot will feed annual lottery ticket sales worth tens of billions of dollars, but public policy experts estimate only about a quarter of that revenue will ultimately make it into state coffers. The record prize will be divided among three tickets bought in California, Tennessee and...