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Entertainment Gambling

  • ATLANTIC CITY, N.J.— Scott Blumstein's path to winning more than $8.1 million as the World Series of Poker champion started in the online poker rooms of New Jersey. While internet gambling has helped Atlantic City's beleaguered casino industry begin to recover, Blumstein credited his online experience with helping him win the biggest prize in poker after he...

  • Chris Christie, a close political ally of President Donald Trump, is urging him and Congress not to ban internet gambling in the United States. Christie, a fellow Republican, signed a bill Friday calling on Trump, a former Atlantic City casino owner, and Congress not to enact a nationwide ban on internet gambling. The bill passed by the New Jersey Legislature and...

  • BOSTON— Massachusetts Senate President Stan Rosenberg, a chief architect of the state law that legalized casino gambling, said Wednesday he was strongly opposed to a new law that could allow casinos to serve alcohol until 4 a.m.. The 2011 casino law required that gambling establishments stop serving alcohol to patrons between the hours of 2 a.m. and 8 a.m. The...

  • AUGUSTA, Maine— Maine is implementing a new lottery system for licenses to fish for baby eels, which are worth more than $1,000 per pound on the worldwide sushi market. Baby eels, called elvers, are a major fishery in Maine, where fishermen sell them to dealers so they can be sent to Asian aquaculture companies to be raised to maturity and used as food.

  • Insana: Nominating ex-commodity trader Cohn to lead Fed like letting 'gambling addict run a casino'

    Janet Yellen's days as Federal Reserve chair may be numbered, according to recent reports.

  • ATLANTIC CITY, N.J.— A nice boost from internet gambling helped push Atlantic City's casino revenue into the black in June. "These are solid numbers that show that casinos are attracting more business and increasing their market," said Matt Levinson, chairman of the New Jersey Casino Control Commission. David Rebuck, director of the New Jersey Division of Gaming...

  • SHANGHAI, July 12- China released 10 employees of Australian casino operator Crown Resorts Ltd on Wednesday, the first of 16 who were detained in October and sentenced in June for illegally promoting gambling. Nineteen employees were detained as Crown was trying to attract high-spending Chinese to its casinos outside of China, where gambling is illegal...

  • BEIJING— China on Wednesday released 10 employees of Australia's Crown Resorts Ltd., including two Australian citizens, after they completed nine months in prison for organizing gambling tours in violation of China's strict gaming laws. They have been identified earlier as Jane Pan and Jerry Xuan. Casino gambling and gambling promotions are illegal in...

  • SHANGHAI, July 12- China released 10 employees of Australian casino operator Crown Resorts Ltd on Wednesday, the first of 16 who were detained in October and sentenced in June for gambling crimes. Four employees, including Australian national Jerry Xuan, emerged from a Shanghai detention facility accompanied by family members and security officials,...

  • Millennials rarely buy lottery tickets, but a mobile Powerball app wants to reel them into the game

    A mobile lottery app, AutoLotto, is trying to help the lottery industry win over millennials.

  • TOKYO, July 3- Japanese casino and slot machine tycoon Kazuo Okada has filed a lawsuit against his son, daughter and wife in Hong Kong in an attempt to regain control of his sprawling business empire, according to a court filing and Okada. Okada Holdings Ltd, the Hong Kong company that is majority owner of Tokyo- listed gambling machine maker Universal...

  • HONG KONG, July 1- Revenues in the world's biggest casino hub of Macau jumped nearly 30 percent in June, posting an 11- month winning streak, as demand from high-roller VIPs accelerated despite a corruption crackdown. Monthly gambling revenue in the Chinese special administrative region rose 25.9 percent to 20 billion patacas, government data showed on...

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

    A man who helped write the computer code behind several U.S. lotteries pleaded guilty to rigging the winning numbers for jackpots in several states.

  • NEW YORK/ TOKYO, June 27- Relatives of Japanese tycoon Kazuo Okada helped remove him as director of a Hong Kong investment company at the center of a sprawling gambling empire, according to corporate filings and people with knowledge of the matter. Three sources said it was a rift with family members over money and control of the Hong Kong company that played the...

  • SHANGHAI, June 26- A Chinese court handed short jail terms to three Australian employees of Crown Resorts Ltd in a quick-fire trial following a lengthy probe into how the firm lured Chinese high-rollers to its casinos. The Australian consul general in Shanghai told reporters at the Baoshan District Court that Crown's head of international VIP gambling Jason...

  • SHANGHAI, June 26- A Chinese court sentenced three Australian employees of casino operator Crown Resorts Ltd to short jail terms on Monday, an Australian diplomat said, but they will have little time left to serve as the sentences run from the date of their detention last October. The embassy official said Crown's head of international VIP gambling Jason...

  • SHANGHAI, June 26- Three Australians went on trial in China on Monday along with a dozen other Crown Resorts Ltd employees and former employees accused of gambling crimes, following a lengthy probe into how the firm lured Chinese high-rollers to its casinos. Crown does not directly run casinos in China. China has been cracking down on attempts by casinos to woo...

  • LONDON, June 22- A network of dummy online stores offering household goods has been used as a front for internet gambling payments, a Reuters examination has found. The seven sites, operated out of Europe, purport to sell items including fabric, DVD cases, maps, gift wrap, mechanical tape, pin badges and flags. In fact, they are fake outlets, part of a multinational system...

  • *Crown says 18 staff held in China over "gambling crimes". *Case referred to Baoshan District Court in Shanghai. Since Crown disclosed that 18 of its staff were being held in China for unspecified "gambling offenses," the company- 48 percent owned by billionaire James Packer- has torn up its strategy of luring Chinese high rollers to the casino hub of Macau, shifting its...

  • June 8- Universal Entertainment Corp, a Japanese maker of slot machines, said on Thursday it was investigating what it suspects was an improper transfer of funds by Kazuo Okada, its founder and chairman, to a company he controls. The statement says that all but HK $5 million of the loan was subsequently transferred to Okada Holdings Limited, a company controlled by...