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  • BILOXI, Miss.— The nation's casino owners and gambling machine makers say they want to team with states to crack down on illegal gambling. Speaking to the National Association of Attorneys General on Monday, American Gaming Association President Geoff Freeman called on state legal leaders to join with his group, saying they "have a shared interest in putting an...

  • HARTFORD, Conn.— Tough financial questions confront Connecticut's two beleaguered tribal casinos as they propose joining forces in a major investment to fend off new competitive threats looming in Massachusetts. Mohegan Sun and Foxwoods Resort Casino— weakened by debt and a yearslong decline in gamblers— are looking to build a third scaled-back casino in...

  • Grand National: The beauty of betting   Friday, 10 Apr 2015 | 11:55 AM ET
    Grand National: The beauty of betting

    The Grand National are taking place this weekend and all eyes are on the lucky horse. Alex Donohue from Ladbrokes, talks about the popular bets for the race and other aspects of the sporting event.

  • Betting mad! Brits set to splash $730M on horses Friday, 10 Apr 2015 | 10:40 AM ET
    Grand National horse race Aintree

    Punters and bookies alike are gearing up for the Grand National on Saturday, with bookmakers estimating some $731 million will be wagered in the U.K. on the day.

  • ATLANTIC CITY, N.J.— Luck appears to have run out for a group of gamblers who won $1.5 million from an Atlantic City casino that was using unshuffled cards. In February, Judge Donna Taylor determined the games were illegal because they didn't conform to gambling regulations specifying the way each game must be played and ordered the gamblers to return the money.

  • Keno resurrected as Connecticut considers more casinos Wednesday, 8 Apr 2015 | 1:55 PM ET

    HARTFORD, Conn.— As lawmakers consider whether to allow satellite tribal casinos near the state's borders, the Connecticut Lottery Corporation wants permission to offer keno to help diversify its portfolio and protect its revenue stream to the state budget. Lottery President Anne Noble said while the lottery is financially healthy, it is projecting a...

  • ATLANTIC CITY, N.J.— Here's a rare instance of Atlantic City's rash of casino closures actually bringing good news to the industry. Four casinos— The Atlantic Club, Showboat, Revel and Trump Plaza— closed last year. "The eight operating casinos reported higher gaming and total revenues last year, as well as increased third party sales and hotel occupancy," said Matt...

  • Windsor unanimously opposes casino expansion in town Tuesday, 7 Apr 2015 | 6:10 AM ET

    WINDSOR, Conn.— Windsor officials say expansion of casino gambling in Connecticut is unwelcome in their town. A resolution cites harmful social costs associated with problem gambling and that casino gambling does not fit into the character of Windsor. Legislation in the General Assembly would authorize as many as three casinos.

  • CONCORD, N.H.— Supporters of casino gambling are asking skeptical colleagues in the House of Representatives to consider the revenue that would come from a proposed bill to approve two casinos after a grueling House budget process that struggled to find new sources of cash. Katherine Rogers, a member of the House Finance Committee who supports the casino...

  • ATLANTIC CITY, N.J.— Revel, the multibillion-dollar resort bust that was once widely viewed as the potential savior of Atlantic City's struggling casino industry, is getting a second chance as part of a Florida developer's ambitious plan to remake the East Coast gambling resort into a destination for bettors and tourists alike. His lawyer, Craig Galle, told The...

  • Fantasy sports are legal, right? Not so fast Monday, 6 Apr 2015 | 3:30 PM ET
    Masahiro Tanaka of the New York Yankees

    Think most fantasy-sports contests are legal? Here's why many may be running afoul of the law, these lawyers say.

  • Couple win lottery draw for second time in 2 years Thursday, 2 Apr 2015 | 10:16 AM ET

    Anyone who has dreamed of getting their hands on a lottery jackpot might want to take a deep breath when you hear about this U.K. couple’s luck.

  • MACAU, March 31- Macau is drafting new construction safety rules, officials said, after several workers died this month at casino sites amid a building boom in the world's largest gambling hub. While the fatality numbers are relatively low, and lag the 16 deaths in industrial accidents in Hong Kong last year, they are relatively rare in Macau, the only place where...

  • TOKYO, March 30- Prospects for legalising casino gambling in Japan suffered another blow on Monday as proponents said they would delay a bill allowing "integrated resorts", as the ruling coalition remains divided on the controversial measure. Companies such as Las Vegas Sands Corp and MGM Resorts International have been hoping Japan will unlock a casino...

  • TOKYO, March 30- Prospects for legalizing casino gambling in Japan suffered another blow on Monday as proponents said they would delay a bill allowing "integrated resorts," as the ruling coalition remains divided on the controversial measure. Companies such as Las Vegas Sands Corp and MGM Resorts International have been hoping Japan will unlock a casino...

  • 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...

  • 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.

  • 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.

  • 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.