Entertainment Gambling

  • Time to put chips down on casino stocks?

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

  • NICHOLS, N.Y.— The first of four planned casinos opened with a flurry of balloons, confetti and uncertain visions of economic resurgence on Friday as New York ushered in a new era of state-sanctioned gambling aimed at reversing decades of upstate decline. With 944 slot machines, 33 table games and an adjacent 161- room hotel under construction, Tioga Downs Casino...

  • ALBANY, N.Y.— Tioga Downs Casino will open to the public Friday, the first of four new gambling halls launching in upstate New York amid an increasingly saturated gambling market. The racetrack and electronic gambling hall in Nichols received state permission to expand into a full resort casino last year. Other casino projects are close to completion and expect...

  • *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...

  • LAS VEGAS— Luck ran in casinos' favor last month, contributing to an 11 percent jump in gambling revenue statewide compared with October 2015, according to state Gaming Control Board figures released Tuesday. Monthly data showed that Nevada casinos statewide won nearly $990 million on the $3.8 billion bet on table games and slot machines in October— up from...

  • 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...

  • BEIJING— China confirmed Wednesday it will prosecute three Australian casino employees who were detained last month on suspicion of violating strict Chinese gambling regulations. Australia said Tuesday that it had received formal arrest notices from China. The three Australians include the head of Crown's VIP International team, Jason O'Connor, who was...

  • 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...