LINCOLN, R.I.-- Rhode Island's bet on expanded gambling starts Wednesday as Twin River Casino begins offering blackjack, roulette and craps in a move to get a head start on neighboring Massachusetts.» Read More
NEW YORK, June 12- The chairman of PokerStars has agreed to pay $50 million to resolve forfeiture demands by the U.S. government connected to a money laundering lawsuit the online gambling company settled last year, court documents said.
BOSTON-- A company that filed a federal lawsuit challenging the constitutionality of a provision in the state's casino gambling law that gave preference to a native American tribe in southeast Massachusetts is fighting the state's bid to dismiss the suit.
LAS VEGAS-- Regulators in Nevada are urging casinos to ban gamblers from wearing Google Glass, the tiny eyeglasses-mounted device capable of shooting photos, filming video and surfing the Internet. The state Gaming Control Board issued a warning Monday saying the devices made by Google Inc. could be used to cheat at card games.
LAS VEGAS-- A Canadian restaurant manager is the first poker aficionado to become a millionaire at this year's World Series of Poker in Las Vegas. Benny Chen, of Prince Edward Island, won $1.2 million Tuesday night in the seven-week poker bonanza that's just getting underway at the Rio hotel and casino off the Strip.
The boss of UltimatePoker.com—the first legal, real-money poker site in the U.S.—told CNBC that users can only play in one state right now but not for long.
Tom Breitling, Ultimate Poker chairman and co-founder, discusses the business of online gambling, with Ben Mezrich, "The Accidental Billionaires" author.
Ben Mezrich, "The Accidental Billionaires" author, provides a glimpse inside the future of tech innovation.
Ben Mezrich, "Straight Flush" author, takes a look inside the $10 billion poker industry.
LOS ANGELES, May 22- Caesars Entertainment Group said it plans to go live this summer with an online poker site in Nevada, the only U.S. state so far to offer legal Internet gambling, and will promote the nascent service to thousands of poker players at its World Series of Poker tournament in Las Vegas starting May 29.
CNBC's Andrea Day follows the indictment of the people who hosted, funded and then laundered over $100 million in profits, catering games to celebrities, athletes and titans of Wall Street.
LONDON, May 21- Bwin.party has targeted cost savings of 70 million euros this year as it joins other online gambling companies pulling back from markets where regulations are not clear cut.
May 17- New Jersey announced another step on Friday that will bring it closer to launching online gambling, with plans to publish proposed regulations for Internet wagering on June 3.
Las Vegas Sands has lost its breach-of-contract lawsuit against Taiwan businessman Richard Suen, reports CNBC's Tyler Mathisen.
Melco Crown Entertainment earnings missed expectations. David Bain, Sterne Agee, explains why the stock remains his top pick.
LONDON, May 7- Seasonal trading in equities has lost its lustre in the financial crisis, with investors far less likely to "sell in May and go away" than to stay alert for bank busts, bailouts and central bank bonanzas.
Orb splashed through the slop to win the Kentucky Derby, giving Hall of Fame trainer Shug McGaughey his first victory in the 139-year-old classic.
SINGAPORE, May 2- Casino operator Genting Singapore PLC's core earnings fell 35 percent and missed market estimates as premium gamblers got lucky and won more of their bets.
A group of 10 lawyers and academics with experience in prior liability cases met in Indianapolis in mid-April to discuss whether a lawsuit claiming online gaming further promotes gambling addiction has a shot at winning.
CHICAGO, May 1- The Illinois Senate passed a bill on Wednesday that would bring much-need revenue to the cash-strapped state by expanding gambling and giving Chicago its first casino. Ahead of the vote, Chicago Mayor Rahm Emanuel reiterated his vow to use casino revenue to aid Chicago's financially strapped public school system.
Nevada has become the first state to legalize online poker play for residents of legal age. Many other states will follow suit if sites such as UltimatePoker.com prove successful.