GO
Loading...

Gambling

More

  • Online Gambling Exec Bets on Legalization Tuesday, 6 Dec 2011 | 1:17 PM ET

    As states grapple with shrinking revenues, online gambling  stands to reap a jackpot, an industry executive said on “Fast Money.”

  • Online Gambling Legal Soon?   Tuesday, 6 Dec 2011 | 12:41 PM ET
    Online Gambling Legal Soon?

    Should you preparing for a game-changer in online gambling? Richard Branson, chairman of U.S. Digital Gaming, discusses what's next for the space, with the Fast Money team. Robin Farley, gaming analyst at UBS, also weighs in.

  • Athletes With Foreclosed Homes Thursday, 22 Sep 2011 | 12:15 PM ET
    The list of athletes who lost huge sums of money after their playing days ended is long. Evander Holyfield may have been fearsome in the ring, but that didn’t stop him from nearly losing his house in 2008. Jose Canseco was a force to be reckoned with when he played baseball in the major league, but after his steroid use was made public the money dried up and he had to resort to reality TV gigs to keep the bills paid.For many athletes who lose their former earning power, it’s not just the paychec

    Many athletes who lost their earning power couldn’t keep up with their mortgage payments and were faced with foreclosure. Click to see the list of athletes with foreclosed homes.

  • Poker Site Ponzi Scheme?   Tuesday, 20 Sep 2011 | 2:19 PM ET
    Poker Site Ponzi Scheme?

    CNBC's Darren Rovell has the details on an alleged ponzi scheme that hit the high stakes poker world.

  • Starved Budgets Inspire New Look at Web Gambling Sunday, 14 Aug 2011 | 9:27 AM ET
    Dice on American flag fan

    While the federal government cracks down on Internet gambling, some states and districts are turning to it as a way to fill gaping budget holes.

  • Lightning Round: Cummins, Merck, SunOpta and More Wednesday, 10 Aug 2011 | 7:01 PM ET

    Cramer makes the call on viewers' favorite stocks.

  • Powerball lottery tickets held in hand.

    A group of math geniuses and gambling companies have discovered a rare quirk in the Cash WinFall lottery in Massachusetts, according to Boston Globe (via WSJ Idea Market).

  • Cramer makes the call on viewers' favorite stocks.

  • Sports for the Unathletic Tuesday, 19 Jul 2011 | 5:00 PM ET
    The 42nd Annual World Series of Poker got underway on May 31, and on July 19, it came to a close. Held at the Rio All Suite Hotel and Casino in Las Vegas, the nine players who emerged victorious from this  will return four months later as “The November Nine” and compete in the $10,000 No Limit Hold’em Championship. The event was broadcast on the cable sports network ESPN, which begs the question, “Is poker actually a sport?”Poker is without question a game of strategy with high stakes and tense

    The definition of the word “sport” is wide and includes activities that nobody should be disqualified from participating in simply because they lack an Adonis-like physique.

  • Game Fixing Rattles Soccer Around World Tuesday, 19 Jul 2011 | 10:38 AM ET
    Goalkeeper Kasey Keller of Seattle Sounders FC kicks the ball into play.

    International soccer authorities and law enforcement officials are struggling to combat rampant game fixing by what they describe as sprawling networks of organized crime, a problem that has plagued the sport for decades but appears to have intensified recently.

  • David Einhorn

    The billionaire hedge fund manager David Einhorn made it to the second day in the World Series of Poker today with 94,400 chips.

  • World's Biggest Gambling Nations Monday, 4 Jul 2011 | 9:03 PM ET
    Mention gambling and glitzy images of Las Vegas come to mind. But you'll be surprised to know Americans are not the world's biggest gamblers. In fact, the world’s biggest gambling nations include plenty of unlikely candidates.The rankings are based on data from , a consultancy based in London. They take into account average gaming losses (the amount bet and never recovered) in a year divided by the adult population in over 200 countries. The numbers include money lost on all types of betting inc

    The world’s biggest gambling nations include plenty of unlikely candidates. Read on to find out the countries with the biggest losers and the boldest gamblers.

  • CEO Dads and Their Executive Kids Thursday, 16 Jun 2011 | 4:43 PM ET
    For many dads, the greatest Father's Day gift imaginable is the sight of a son or daughter working beside him in the family business. It offers the same satisfaction as helping a child get a leg up in life, bit it also offers the tempting possibility of the family business surviving after dad retires. This holds true whether the business is a feed store, a bait and tackle shop, or a multinational conglomerate.Click ahead and see the CEO dads whose kids hold executive positions in their companies

    For many dads, the greatest Father's Day gift imaginable is the sight of a son or daughter working beside him in the family business. Here are some CEO dads whose kids hold executive positions in their companies.

  • Investors Betting Against Gaming Stocks: Expert Thursday, 16 Jun 2011 | 1:15 PM ET

    A lot of investors are betting against smaller gaming companies, according to Will Duff Gordon, Data Explorers research director. Gordon says this has been happening over the last couple of months. He says investors are 'sniffing' trouble ahead for this stocks.

  • Sports Tout Says He's Out to Change Industry's Reputation Thursday, 19 May 2011 | 10:17 AM ET
    rovell_headshot_200.jpg

    The world of sports gambling tout services is rife with problems. Bettors pay for advice on how to place a wager and then find out the tout service is telling another bettor to take the opposite side. By doing it that way, you’ll at least have half of your customers happy. Adam Meyer knows of the reputation of his business and he has what he thinks is his greatest marketing ploy.

  • World's Most Expensive Casino Properties Sunday, 1 May 2011 | 7:20 PM ET
    The world's gaming industry depends on delivering that larger than life experience so that it can keep drawing in millions of gamblers each month. The worldwide casino industry is expected to deliver revenues of $144 billion this year alone.Little wonder, gaming companies are constantly trying to outdo themselves with the most extravagant properties. From recreating Venice on a little island in East Asia to building replicas of Parisian monuments in Vegas, casino projects are often the most oste

    Gaming companies are constantly trying to outdo themselves with the most extravagant properties. Click to read about some of the most expensive casino properties ever built.

  • World's Most Expensive Casino Properties Sunday, 1 May 2011 | 6:58 PM ET
    The world's gaming industry depends on delivering that larger than life experience so that it can keep drawing in millions of gamblers each month. The worldwide casino industry is expected to deliver revenues of $144 billion this year alone.Little wonder, gaming companies are constantly trying to outdo themselves with the most extravagant properties. From recreating Venice on a little island in East Asia to building replicas of Parisian monuments in Vegas, casino projects are often the most oste

    From recreating Venice on a little island in East Asia to building replicas of Parisian monuments in Vegas, casino projects are often the most ostentatious and expensive private constructions.

  • Insider Breakdown Of Poker's Black Friday Monday, 18 Apr 2011 | 3:06 PM ET
    Online gambling

    The owners of the biggest online poker sites were arrested in the United States after the FBI alleged that the sites laundered money and defrauded banks to get around gambling laws. We sat down with poker agent Brian Balsbaugh, the most knowledgeable poker authority we know to break down the ramifications.

  • Legal On-Line Poker Would Boost Liquidity: Caesars CEO Wednesday, 13 Apr 2011 | 4:08 PM ET

    Nevada's gaming commission cleared the way on Tuesday for the state to begin drafting rules to regulate on-line poker, which is starting to get the backing of the state's brick-and-mortar community.

  • A Casino in Every Computer?   Wednesday, 13 Apr 2011 | 12:21 PM ET
    A Casino in Every  Computer?

    Is the internet opening up to legalized gambling? Nevada legislators cleared the way to regulate online poker. Gary Loveman, Caesars Entertainment chairman & CEO weighs in.