• Twin River management proposes new casino in Tiverton Tuesday, 21 Apr 2015 | 11:34 AM ET

    PROVIDENCE, R.I.— A new casino in Tiverton with table games and easy access to state highways would allow Rhode Island to compete with neighboring Massachusetts for gambling revenue, state casino operators said Tuesday. Twin River Management Group has secured the rights to acquire 45 acres of land off of Route 181, along the Massachusetts state border, and the...

  • Mohegan Sun to build casino at Korean airport Tuesday, 21 Apr 2015 | 9:01 AM ET

    NEW LONDON, Conn.— The Indian tribe that operates the Mohegan Sun casino in Connecticut has reached an agreement to build and run a gaming resort on the grounds of Incheon International Airport in South Korea. The Mohegan Tribal Gaming Authority and the Incheon International Airport Corporation announced Monday they have signed a memorandum of...

  • Penn National updates plans for Plainville slot parlor Thursday, 16 Apr 2015 | 1:31 PM ET

    BOSTON— Massachusetts is inching closer to the official launch of its casino industry, as Penn National Gaming submitted revised plans Thursday for a slot parlor slated to open in June along the Rhode Island border while regulators highlighted steps the state still needs to complete before it can oversee gambling operations. Plans for Plainridge Park still...

  • ATLANTIC CITY, N.J.— Morris Bailey knows his customers, and as the owner of Atlantic City's oldest casino, he realizes some longtime patrons feel somewhat uneasy with Internet gambling. More importantly, it lets them easily fund betting accounts, a difficulty that has held back the growth of Internet gambling in New Jersey during its first year and a half.

  • Analyst: Demographic, industry problems weigh on casinos Thursday, 16 Apr 2015 | 12:14 PM ET

    Economic growth will slow as the population of older Americans outpaces younger consumers who are "less enthused" about gambling, turning instead to electronic games or watching online entertainment, Keith Foley, an analyst at Moody's Investors Service, wrote in an investors note. In contrast, Wynn Las Vegas receives more than 60 percent of gross revenue from...

  • HARTFORD, Conn.— The chairmen of the state's two federally recognized Indian tribes said Monday they still support a deal that would allow the Connecticut Lottery Corporation to offer keno. "We've already agreed to it in the past," said Rodney Butler, chairman of the Mashantucket Pequot Tribal Nation, adding how allowing the lottery to offer keno would not require...

  • 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...

  • 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.

  • 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 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...

  • 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...

  • 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.

  • 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.