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Entertainment Gambling

  • China cracks down on Macau ATM withdrawals -Report

    CNBC's Dominic Chu reports that Macau's monetary authority may curb the amount of ATM withdrawals, according to the South China Morning Post.

  • *William Hill says lawmakers' group has little credibility. LONDON, Dec 8- Britain should drastically reduce the amount of money gamblers can stake on fixed-odds betting terminals to tackle addiction and associated crime, a group of lawmakers said on Thursday. Shares in bookmakers William Hill and Ladbrokes Coral were trading down 7.2 percent and 6.8 percent,...

  • LONDON, Dec 8- Britain should drastically reduce the limit on the amount of money gamblers can stake on fixed-odds-betting terminals to tackle problems in the industry, a committee of lawmakers said on Thursday. The stake should be reduced from 100 pounds to 2 pounds, they said, and the government should also consider reducing the speed of spin on the machines to...

  • Time to put chips down on casino stocks?

    Harry Curtis, Instinet, and Adam Trivison, Gabelli & Company, share their best bets on casino stocks.

  • *Revenue gains indicate Macau turning a corner after slump. HONG KONG, Dec 1- The world's biggest casino hub of Macau posted a 14.4 percent rise in gambling revenue in November, a fourth month of growth after more than two years of decline, as new resorts helped bring in more casual gamblers to the southern Chinese territory. Visitors and overnight tourists to Macau...

  • NEW YORK, Nov 28- A former employee of online gambling company PokerStars avoided prison on Monday after pleading guilty in connection with a long-running U.S. criminal case targeting internet poker firms operating illegally in the United States. Paul Tate, a UK citizen living on the Isle of Man who formerly oversaw payment processing at PokerStars, had faced...

  • SHANGHAI, Nov 26- Police in central China have arrested 94 members of a $72 billion cross-border gambling ring whose activities stretched into Southeast Asia, the official Xinhua news agency reported on Saturday, citing police. Police in Jincheng city in Shanxi province arrested members of the gang that illegally brought more than 400 gamblers across to Laos...

  • Fireworks during the official opening of the Crown Macau in May 2007.

    Australia' top casino operator says one of 18 staff arrested in China in October for suspected "gambling crimes" has been released.

  • The Casino Rama Resort in Ontario said the hacker claimed to have stolen financial reports, patron credit inquiries, collection and debt information, payroll and other data in an intrusion it first became aware of on Friday. Casino Rama has more 2,500 slot machines, more than 110 gaming tables, 8 restaurants and a 5,000 seat entertainment venue and an attached...

  • Record wagering on US presidential election

    Betting sites are seeing record numbers of bettors pouring millions of dollars into online platforms.

  • The raucous 2016 U.S. presidential election is on track to notch another distinction: the most wagered-upon political event ever.

  • HONG KONG, Nov 1- Macau, the world's biggest casino hub, posted an 8.8 percent rise in gambling revenue in October, the third consecutive monthly rise, as newly opened casino resorts boosted spending in the southern Chinese territory.

  • Hillary Clinton has an 85 percent chance of winning the U.S. presidential election, at least according to two prominent U.K. betting companies.

  • HONG KONG, Oct 26- Macau casino operator Galaxy Entertainment Group posted a 28 percent jump in third-quarter net profit, as newer, family-friendly projects helped draw in visitors to the Chinese territory. Galaxy and the five other listed casino operators in Macau have been hit by sagging demand from high roller Chinese gamblers due to a crackdown on...

  • WASHINGTON, Oct 25- Nevada's state gambling regulator is investigating allegations that Las Vegas Sands Corp casinos allowed high-stakes Chinese players to bet millions of dollars in other people's names, according to people directly familiar with the investigation. The Nevada Gaming Control Board "has made inquiries related to this matter and we've...

  • Customers play pachinko machines in a pachinko parlor in Tokyo.

    Japan could finally pass a long-awaited bill with the potential to transform the country into an international gaming destination.

  • LONDON/ TORONTO, Oct 18- William Hill and Canadian online gambling company Amaya Inc have abandoned merger talks, leaving the British bookmaker struggling to find a partner in a fast consolidating industry. Amaya, operator of the PokerStars website, and William Hill, one of the best-known British gambling brands, said earlier this month they were in talks about a...

  • LONDON/ TORONTO, Oct 18- William Hill and Canadian online gambling company Amaya Inc have abandoned merger talks, leaving the British bookmaker struggling to find a partner in a fast consolidating industry. Amaya, operator of the PokerStars website, and William Hill, one of the best known British gambling brands, said earlier this month that they were in talks...

  • LONDON, Oct 18- William Hill and Canadian online gambling company Amaya Inc have abandoned merger talks, leaving the British bookmaker struggling to find a partner in a fast consolidating industry. Amaya, operator of the PokerStars website, and William Hill, one of the best known British gambling brands, said earlier this month that they were in talks about a...

  • LONDON, Oct 18- Merger talks between Canadian online gambling company Amaya Inc and British bookmaker William Hill have ended after the two firms concluded they would be stronger on their own. Amaya, operator of online gambling website PokerStars, and William Hill announced earlier this month that they were in talks to combine in a merger of equals but the deal...