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  • TALLAHASSEE, Fla., March 26- A bill to create two casino gambling "destination resorts" in south Florida divided the Republican-controlled statehouse on Thursday, with the expansion of craps, slot machines and high-stakes gaming opposed by family-oriented tourist attractions. Proponents argue that Florida is losing billions in tourism revenue to Caribbean...

  • Nevada casino regulators scold Caesars for bankruptcy Thursday, 26 Mar 2015 | 6:02 PM ET

    LAS VEGAS— Nevada gambling regulators called the bankruptcy of Caesars Entertainment Corp.' s debt-heavy subsidiary an embarrassment and lamented the company's inability to pay 63 former executives some $33 million in promised pension payments. The Nevada Gaming Commission pressed Caesars executives Thursday about the company's overall bankruptcy...

  • NEW CITY, N.Y.— A Pennsylvania man recovering from surgery has won $7 million off a lottery ticket tucked into his get-well card. Joseph Amorese, of Easton, got the ticket from his father, who lives in the hamlet of Congers in Rockland County, New York. A few scratches later on the " $7 million Golden Ticket," and he was feeling great.

  • But an obscure 1988 legal covenant between the casino's former owner, Caesars Entertainment, and its next-door neighbor, the Trump Taj Mahal casino, appears to be thwarting those plans. He says Trump Entertainment Resorts is enforcing the covenant. Candidly, Caesars Entertainment was to resolve a 1988 covenant with Trump Taj Mahal, and we were led to believe...

  • ATLANTIC CITY, N.J.— Trump Entertainment Resorts has been fined for not notifying the state about a patron who was assaulted at one of its casinos and has to hand over more than $2,600 won by underage gamblers. The company is forfeiting $2,648 that Trump Plaza won by gamblers later found to be underage. Trump Plaza closed Sept. 16, 2014.

  • Tioga Downs, a harness racing track and electronic gambling facility in Nichols, is the only group that has announced plans to bid for the license. The board instead endorsed casino projects in the Catskills, the Finger Lakes and Schenectady. A proposal for a casino in the city of Binghamton is another possibility, according to Binghamton Mayor Richard C. David,...

  • Unshuffled cards case: Let us keep the money! Friday, 20 Mar 2015 | 2:05 PM ET
    Baccarat dealer matching house chips

    Gamblers ordered to return $1.5 million they won at a casino that unknowingly used unshuffled cards are asking to keep the money.

  • ATLANTIC CITY, N.J.— Gamblers who have been ordered to return $1.5 million they won at an Atlantic City casino that unknowingly used unshuffled cards are asking a judge to let them keep the money. "The trial judge considered the law and made a very thoughtful and correct decision," he told The Associated Press. Once players realized the pattern in which the cards were...

  • Gamblers lost a bundle on NCAA first round Friday, 20 Mar 2015 | 12:59 PM ET
    Iowa State’s Georges Niang reacts during the NCAA tournament game against UAB in Louisville, Ky., Thursday, March 19, 2015.

    Sports books report some of the major wins and losses on the opening March Madness games. Millions were blown.

  • Slot machine gambling down at Maine's 2 casinos Friday, 20 Mar 2015 | 6:01 AM ET

    OXFORD, Maine— Slot machine gambling was down $15 million at the Oxford Casino in 2014 while the Hollywood Casino in Bangor saw a $10 million drop, but the state's top gambling regulator says he's not surprised and both casinos are making money. Figures from the Maine Gambling Control Board's annual report show players wagered $662 million at Oxford and $459.6...

  • TOKYO/ BILOXI, Mississippi, March 19- Japan's tax authorities have begun a review of how slot machine maker and casino developer Universal Entertainment accounted for $40 million in payments made in 2010 to an associate of the Philippines' top gambling regulator at that time, people with knowledge of the matter told Reuters. On Wednesday, Universal said in a...

  • Native tribes debate entering legal pot business Thursday, 19 Mar 2015 | 1:31 PM ET
    Monument Valley Navajo Tribal Park in southeastern Utah.

    Many Native American tribes are grappling with the idea of growing marijuana on reservation land.

  • BOSTON— New Bedford is all-in as it vies for the state's final gambling license. Monday had been the most recent deadline, but the New Bedford and Somerset developers had appealed for more time. "We're ready to go in New Bedford."

  • The big numbers behind NCAA 'March Madness'   Thursday, 19 Mar 2015 | 5:45 AM ET
    The big numbers behind NCAA 'March Madness'

    NCAA "March Madness" kicks off today with a lot of money being put behind the games. CNBC's Eric Chemi discusses further.

  • NY county gets 2nd $100M-plus lottery winner in 3 months Wednesday, 18 Mar 2015 | 12:19 PM ET

    MONTICELLO, N.Y.— An upstate New York real estate broker's rule of buying lottery tickets only when the jackpot is over $100 million has paid off. Tammy Pratt of South Fallsburg was introduced Wednesday as the sole winner of the $126 million Mega Millions jackpot drawn on Feb. 27. Noticing the jackpot for the upcoming drawing had topped $100 million, she bought $4...

  • How a pro gambler wins his March Madness pool Wednesday, 18 Mar 2015 | 10:16 AM ET
    Dakari Johnson of the Kentucky Wildcats gets stopped by the Florida Gators on March 7, 2015 in Lexington, Kentucky.

    Ed Feng, who runs the Power Rank sports subscription service, breaks down how the true experts in the game win their tournament pools.

  • Based on the real-life streets of Atlantic City, Monopoly is one of the world's most popular board games. The city's mayor, Don Guardian, says Monopoly remains relevant in present-day Atlantic City, where the casino industry is shrinking, taxes are rising, and the city and state are racing to build new attractions less dependent on gambling to bring in tourists...

  • Macau storm; Trader sticks with MGM   Tuesday, 10 Mar 2015 | 5:30 PM ET
    Macau storm; Trader sticks with MGM

    Discussing challenges facing Macau, with the "Fast Money" traders.

  • HONG KONG, Mar 3- Gambling revenue in Macau, the world's biggest gaming hub, plunged by a record 49 percent in February, as wealthy players shied away from China's only legal casino hub following the economic slowdown and Beijing's crackdown on conspicuous spending. Revenue fell for the ninth consecutive month to 19.5 billion patacas in February, from 38 billion...

  • 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...