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  • Christie backs vote for north Jersey casino question Thursday, 28 May 2015 | 7:41 AM ET

    Chris Christie supports asking voters if they want to change the state constitution to allow casino gambling in northern New Jersey. Appearing on his monthly "Ask The Governor" program on radio station New Jersey 101.5 FM Wednesday night, Christie said he has no problem with the question going on the ballot "right away." Christie's comments came a day after Hard...

  • Slow start, gradual improvement for US Internet gambling Wednesday, 27 May 2015 | 6:16 PM ET

    ATLANTIC CITY, N.J.— Internet gambling is off to a slow start in the United States, with banks hesitant to handle credit card payments for online bets and some politicians and casino moguls pushing to ban it, but there remains potential for great growth, participants in a major gambling conference agreed Wednesday. Three states currently offer Internet gambling:...

  • May 27- A nun-turned-developer was ordered to pay nearly $1 million for lavish spending and for hiring an ex-con known as Frankie the Fish while building a Mississippi casino, a court ruled on Wednesday. Sandra Manno, a one-time mayor of Marlton, New Jersey, who had spearheaded a vote to legalize gambling in the state, was ordered by a Delaware judge to pay $970,123...

  • HONG KONG, May 27- As revenue plummets at China's only legal gambling hub, global casino operators have a new mantra- what happens in Vegas, must also happen in Macau. The latter's two new resort projects, worth $3.2 billion, open in Macau later on Wednesday. As well as the mainland's crackdown, Macau's government is forcing casino firms, also including SJM Holdings...

  • ATLANTIC CITY, N.J.— Hard Rock International and the Meadowlands Racetrack are proposing a casino just outside New York City that experts say could be one of the most successful in the country. It could also provide a new source of cash for Atlantic City's struggling casinos, which have fought the proposal as it has been floated and debated in recent years.

  • New Revel owner: 'No way' casino reopens this summer Tuesday, 26 May 2015 | 11:35 AM ET

    CAMDEN, N.J.— The casino at Atlantic City's former Revel resort won't reopen this summer, the property's new owner said Tuesday, and it's doubtful whether any of the non-gambling attractions can be reopened by Labor Day. He also held out little hope of reopening some of the non-gambling components of Revel, such as restaurants or night clubs or pool clubs by Labor...

  • MACAU— Macau is doubling down even as the odds change. Macau's casino operators are undaunted. They're also optimistic Beijing's support for Macau's long term development from a seedy, vice-ridden backwater into a glitzy Asian destination will draw a growing numbers of middle class families from across the region looking for more than just gambling.

  • ATLANTIC CITY, N.J.— As four Atlantic City casinos shut down last year, those that remained voiced optimism that their own performance would improve. Figures released Friday by the state Division of Gaming Enforcement show the surviving eight casinos saw their gross operating profits rise by 26 percent in the first quarter of this year. "Gaming revenue is up,...

  • Boston expands lawsuit against state gambling commission Thursday, 21 May 2015 | 10:33 AM ET

    BOSTON— An amended lawsuit filed by the city of Boston is asking a judge to bar the current Massachusetts gaming regulators from any future action on the $1.7 billion casino proposed for neighboring Everett. Mayor Marty Walsh announced Thursday the city amended its complaint that challenges the Massachusetts Gaming Commission's decision to award Wynn...

  • Under that agreement, the state receives 25 percent of the slot machine revenue generated at the tribes' Foxwoods Resort Casino and Mohegan Sun while the tribes have exclusive rights to casino gambling in Connecticut. Jepsen said the original legislation could make it easier for other Connecticut tribes to open casinos if they win recognition and could be...

  • Christie entered a 15- year contract with lottery marketing and sales company Northstar New Jersey Lottery Group in 2013 to oversee parts of the state lottery, but revenues have been missing projections. Treasurer Andrew Sidamon-Eristoff presented the state Senate Budget Committee on Tuesday with the latest revenue figures showing the lottery is...

  • American Pharoah wins 2nd leg of Triple Crown Sunday, 17 May 2015 | 5:59 AM ET
    American Pharoah

    American Pharoah won the 140th running of the Preakness Stakes by a whopping seven lengths on Saturday at Pimlico Race Course. The NYT reports.

  • A fantasy sports fan play about to pay $1 billion Saturday, 16 May 2015 | 9:30 AM ET
    DraftKings founders (left to right) Paul Liberman, Jason Robins and Matt Kalish

    DraftKings is soon to hit $1 billion in prizes. Better still, the fantasy sports betting site expects to award $1 billion in 2015 alone.

  • DraftKings looks to change the game in sports   Friday, 15 May 2015 | 6:30 PM ET
    DraftKings looks to change the game in sports

    Is DraftKings the king of fantasy drafts? Jason Robins, co-founder and CEO, and Matt Kalish, co-founder, discuss the company's platform and pipeline, with Mad Money's Jim Cramer.

  • What you didn't know about carpets at casinos   Friday, 15 May 2015 | 2:51 PM ET
    What you didn't know about carpets at casinos

    CNBC's Jane Wells reports on how casinos replace carpets.

  • That ugly casino carpet? Here's what's under it Thursday, 14 May 2015 | 12:18 PM ET
    Another busy carpet. The casino floor at Caesars Palace, Las Vegas.

    CNBC looks at those busy casino carpets and the surprising thing that is under them.

  • BOSTON, May 12- A union representing workers in New Jersey gambling hub Atlantic City said on Tuesday it asked the state's top prosecutor to investigate Herbalife Ltd, saying it is worried the nutrition supplements company could "prey" on unemployed workers in the casino industry. Unite Here Local 54 is the latest group to ask officials across the United States...

  • Cambodia PM refuses to honor $5K Pacquiao bet Tuesday, 5 May 2015 | 9:08 AM ET
    Manny Pacquiao throws a right at Floyd Mayweather Jr. during their welterweight unification championship bout on May 2, 2015 at MGM Grand Garden Arena in Las Vegas, Nevada.

    Last week, millions placed their bets – and lost - on the “fight of the century” when Mayweather Jr. beat Pacquiao... including an political leader.

  • SEOUL/ HONG KONG, May 5- The dealing rooms of Seoul's foreigners-only casinos are echoing to the sound of Mandarin as operators target a new breed of' low-roller' gamblers- Chinese shoppers. In places like Paradise Walkerhill in Seoul, Paradise Co Ltd, South Korea's biggest casino firm, is targeting people like Chen Jie Yi, a 27- year-old from Beijing on a recent tour...

  • HONG KONG, May 4- Macau casino stocks have lost as much as half their value over the past year as China's anti-corruption crackdown scares away wealthy VIP punters, but some investors say their faith in long-term gambling demand from the mainland remains unshaken. Industry moguls like Wynn Resorts' Steve Wynn and Las Vegas Sands' Sheldon Adelson have noted the...