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  • SINGAPORE/ MANILA, March 2- More than three years after opening ultra-luxe nightclub Pangaea in Singapore's glitzy Marina Bay Sands, owner Michael Van Cleef Ault is now betting that Manila's casinos will be able to draw rich punters and partygoers through his doors. The increase in the number of wealthy Chinese gamblers fleeing Macau amid Beijing's...

  • Crowning daily fantasy champs  Friday, 27 Feb 2015 | 4:55 PM ET

    Draftkings CEO Jason Robins discusses the legality of fantasy sports and the popularity of daily games, with CNBC's Eric Chemi.

  • New MLB chief: Must cut 'dead time' from baseball Friday, 27 Feb 2015 | 2:55 PM ET
    Rob Manfred speaks at a press conference after being elected by team owners to be the next commissioner of Major League Baseball.

    Rob Manfred has spoken out about speeding up the pace of the game to help it connect with a new generation of fans.

  • MIAMI— As Florida lawmakers appear ready to allow key portions of the state's high-stakes gambling deal with the Seminole to expire, other gambling interests are watching keenly for openings in the multi-billion dollar industry if the tribe and Gov. The tribe owns six casinos in Florida, including the highly profitable Hard Rock Casinos in South Florida and...

  • ALBUQUERQUE, N.M.— New Mexico lawmakers are facing a hard deadline as agreements that allow a handful of American Indian tribes to operate casinos approach their expiration date. However, some lawmakers say New Mexico is veering off course. Tribes that operate casinos in New Mexico reported more than $731 million in net winnings in 2014. Net winnings are the...

  • Churchill Downs reports 4Q loss Wednesday, 25 Feb 2015 | 7:57 PM ET

    LOUIVILLE, Ky. _ Churchill Downs Inc. on Wednesday reported a loss of $13.8 million in its fourth quarter. The Louiville, Kentucky- based company said it had a loss of 81 cents per share. For the year, the company reported profit of $46.4 million, or $2.64 per share.

  • New Jersey approves Resorts casino for Internet gambling Wednesday, 25 Feb 2015 | 6:46 PM ET

    ATLANTIC CITY, N.J.— New Jersey's fledgling Internet gambling market got a new player Wednesday as Atlantic City's Resorts Casino Hotel got the go-ahead to conduct Internet gambling in the state. "Real-time feedback will be an important aspect of our beta period as we further enhance the gaming content and features to produce the best casino experience in New...

  • Rejected Catskill casino bidder pursues smaller resort Wednesday, 25 Feb 2015 | 1:42 PM ET

    WAWARSING, N.Y.— Developers who failed to land a casino license at the site of an old Borscht Belt hotel in the Catskills hope to build a smaller sports and gambling resort there. The group that wanted to run a Las Vegas-style casino at the shuttered Nevele Resort in Ulster County say they have asked the Cuomo administration for support for legislation to operate...

  • $$$! NC Powerball winner to claim third of jackpot Monday, 23 Feb 2015 | 1:32 PM ET
    Powerball lottery ticket

    Lottery officials say a woman has come forward to present one of three winning tickets for a $564 million Powerball jackpot.

  • ATLANTIC CITY, N.J.— A royal flush led to a king-sized payout for a New Jersey man playing cards online in the state's largest-ever Internet gambling jackpot. It was the largest Internet gambling payout in the short history of online betting in New Jersey, surpassing the $1.3 million prize won by a Morris County woman in November. London- based Betfair began...

  • Con men swindle Atlantic City casinos of millions Thursday, 19 Feb 2015 | 6:01 PM ET

    How a group of con men from Bangladesh came to New York City and used Atlantic City casinos to steal millions, according to investigators.

  • Beijing's glare deepens crisis in Macau Wednesday, 18 Feb 2015 | 4:00 PM ET

    *VIPs avoid Macau during Beijing corruption crackdown. *60-70 percent of Macau casino revenues from high rollers. MACAU/ ZHUHAI, China, Feb 19- China's crackdown on corruption and conspicuous consumption is ever more visible in its impact on Macau, the world's biggest gambling hub, which makes most of its money from the high rollers who are staying away to avoid...

  • 3 winning tickets in $564M Powerball jackpot Thursday, 12 Feb 2015 | 5:41 AM ET
    Powerball Lottery

    Winning tickets in Wednesday's giant Powerball jackpot were sold in North Carolina, Puerto Rico and Texas, lottery officials announced early Thursday.

  • WILMINGTON, Del., Feb 10- The Revel Casino Hotel in Atlantic City, New Jersey, asked a U.S. bankruptcy judge to end its agreement to sell the gambling complex to Florida developer Glenn Straub for $95.4 million, according to a Tuesday court filing. The hotel's legal team also asked Judge Gloria Burns in Camden, New Jersey, for permission to keep Straub's $10 million...

  • No winner! Powerball jackpot jumps to $450 million Monday, 9 Feb 2015 | 8:46 AM ET
    Powerball Lottery

    Lottery officials say no jackpot winner was selected in the latest $380 million Powerball drawing.

  • In Macau, casino titans join China reform wagon Sunday, 8 Feb 2015 | 4:00 PM ET

    HONG KONG, Feb 9- Leading China's anti-corruption campaign, President Xi Jinping warned Macau last December that the world's biggest gambling hub needs to be about more than baccarat. "When you hear the central government and the Macau government urged operators to diversify the attractions of their facilities... they are preaching to the choir.

  • BEIJING, Feb 6- China will fight attempts by foreign casinos to lure its citizens abroad, a senior police official said on Friday, which could deal a blow to the gaming firms in Macau and Asian countries that rely on these punters for most of their revenue. Chinese, among the world's most prolific gamblers, often travel to the Chinese territory of Macau, South Korea,...

  • SYDNEY, Feb 4- Record bets by Asian high rollers helped Echo Entertainment Group Ltd lift first-half net profit to a three-year high, but the Australian casino firm said the surge was tempered by the amount it paid to the junkets behind these VIP gamblers. Echo on Wednesday said turnover from VIP gamblers at its Australia casinos nearly doubled to an all-time...

  • Super Bowl gamblers had to let it go Monday, 2 Feb 2015 | 4:44 PM ET
    Singer Idina Menzel sings the national anthem prior to Super Bowl XLIX.

    Ahead of the Super Bowl, Sportsbook announced it had suspended prop bets related to the national anthem because of suspected "insider info."

  • This model says to bet on the Seahawks Friday, 30 Jan 2015 | 6:44 PM ET
    The Vince Lombardi Trophy is displayed between the helmets of the Seattle Seahawks (L) and New England Patriots.

    According to one model, you're better off taking the Seattle Seahawks over the New England Patriots.