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  • CHICAGO— Illinois Attorney General Lisa Madigan rejected a proposed agreement ending the state's contract with the private vendor that ran the Illinois Lottery because of possible legal violations and the potential of higher fees, according to a letter made public Friday. Pat Quinn directed the Lottery last year to end its dealings with Northstar Lottery...

  • Ante up: This year's weirdest Super Bowl bets Friday, 23 Jan 2015 | 1:47 PM ET

    Bettors will be trying to cash in on hundreds of weird bets tied to the Super Bowl. Did someone mention a Punxsutawney Phil?

  • PITTSBURGH— The former chief operating officer of a western Pennsylvania drilling company was sentenced to eight years in federal prison for embezzling $9 million to feed his casino gambling habit, which included playing $100 slot machines. Larry Dean Winckler, 54, was ordered to pay $9 million in restitution to Falcon Drilling LLC, of Indiana County, which he...

  • BOSTON— A Revere man who bought two lottery tickets at a Boston grocery shop to break a $100 bill so he could buy lunch ended up winning $10 million. Lottery officials announced Thursday that Richard Noll and his wife claimed the prize at lottery headquarters in Braintree earlier this week. Noll says he needed to break a $100 bill to get lunch at a sandwich shop and...

  • Christie: NJ is taking over troubled Atlantic City Thursday, 22 Jan 2015 | 1:14 PM ET
    New Jersey Gov. Chris Christie

    Gov. Chris Christie's emergency management team for Atlantic City includes Detroit's former overseer, Kevyn Orr.

  • WASHINGTON— Macau, the Chinese territory known for casino gambling, outperformed the rest of the world's major cities economically last year, according to a report out Thursday. Cities in the developing world, especially China, dominated the top of the annual economic rankings of 300 cities worldwide by the Brookings Institution and JPMorgan Chase.

  • After Alliance ends, who will promote Atlantic City? Monday, 19 Jan 2015 | 11:10 AM ET

    ATLANTIC CITY, N.J.— Abolishing the Atlantic City Alliance, the marketing arm of the casinos that urged people to "Do AC" and staged big, free public events to promote the resort city, is a key element of state plans to help the city recover from its financial crisis. But if legislation proposed by two Democratic state senators— one of them a former Atlantic City mayor—...

  • "It's an absolutely remarkable result for a year that saw so much tumult in the gaming market," said Israel Posner, executive director of the Lloyd D. Levenson Institute of Gaming Hospitality and Tourism at Stockton College. Four casinos in Atlantic City closed in 2014. A fifth, Trump Entertainment's Taj Mahal, narrowly averted closing and remains in bankruptcy.

  • Jan 8- Atlantic City has endorsed steep budget cuts but rejected the idea of a state-appointed emergency manager as part of the struggling New Jersey gambling hub's recovery plan. Atlantic City has seen its municipal finances decline with the fortunes of its local casino industry, which has suffered steep losses from competing casinos in nearby states.

  • Should investors worry about Melco Crown?  Sunday, 4 Jan 2015 | 7:54 PM ET

    Alex Bumazhny, Director of Gaming, Lodging & Leisure AT Fitch Ratings, explains why he's taking the news that the casino operator plans to delist in Hong Kong at "face value."

  • Back for the holidays: Three-card monte in NYC Friday, 26 Dec 2014 | 3:40 PM ET

    Classic con-artist routines, namely three-card monte and the shell game, apparently made a return to New York City streets for the holidays.

  • WILMINGTON, Del., Dec 22- The Trump Taj Mahal, a casino hotel in New Jersey's struggling Atlantic City gambling hub, could stay open for all of 2015 with a $20 million financing package from investor Carl Icahn, lawyers for Trump Entertainment Resorts said on Monday. Atlantic City's fortunes have faded as competition from Pennsylvania and other neighboring...

  • New ‘Oz’-themed casino is coming to New York Monday, 22 Dec 2014 | 7:15 AM ET

    The Oneida Indian Nation plans to open a $20 million casino with a "Wizard of Oz" theme in the village where author L. Frank Baum was born.

  • Dec 18- Billionaire investor Carl Icahn offered $20 million in financing on Thursday to keep the Trump Taj Mahal from becoming the fifth casino to close this year in New Jersey's troubled Atlantic City, was once the only major destination for gamblers on the U.S. East Coast. The Taj, owned by bankrupt Trump Entertainment Resorts Inc., is slated to close on Saturday.

  • Place your bets! Is the Queen abdicating? Wednesday, 17 Dec 2014 | 11:03 AM ET

    The Queen's Christmas speech this year could be one to watch out for, as gamblers place bets on whether she will abdicate her role.

  • Gambling machine firm Talarius bets on recovery  Friday, 12 Dec 2014 | 3:45 AM ET

    Peter Harvey, COO of Talarius, says the company has seen a pick up in growth this year as consumers have more disposable income to spend on leisure.

  • 'King of Instagram' released from LA jail Thursday, 11 Dec 2014 | 12:50 PM ET
    Dan Bilzerian

    Dan Bilzerian, the "King of Instagram," was released from jail on Wednesday after being detained at LAX.

  • 'King of Instagram' held without bail in LA Wednesday, 10 Dec 2014 | 4:35 PM ET
    Dan Bilzerian and Jessa Hinton arrive at the Fighters Only World Mixed Martial Arts Awards 2011 in Las Vegas.

    Dan Bilzerian, the "King of Instagram," was arrested at LAX on Tuesday and is being held without bail, according to LA Weekly.

  • Gambling: Can you distinguish harmful play?  Monday, 1 Dec 2014 | 11:50 AM ET

    Deciphering between harmful and non-harmful play can be distinguished, yet there are overlapping behaviours between the two gambling groups says Marc Etches, chief executive at Responsible Gambling Trust.

  • Lower the stakes to lower the risks  Monday, 1 Dec 2014 | 11:40 AM ET

    Reducing a gambling machine's money stakes could reduce the risk of problem gamblers says Matt Zarb-Cousin, spokesperson for Campaign for Fairer Gambling.