ALBANY, N.Y.— A leading rating agency says new casinos coming to upstate New York will benefit their local communities— even though the overall outlook for the gambling industry remains negative. Moody's Investors Service says Friday that this week's decision to award casino licenses to projects in Sullivan, Seneca and Schenectady counties is a "credit...» Read More
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.
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.
The billionaire hedge fund manager David Einhorn made it to the second day in the World Series of Poker today with 94,400 chips.
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.
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.
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.
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.
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.
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.
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.
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.
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.
A piece of legislation introduced in Congress last week has some investors and gamblers hopeful that Internet gambling will be legalized.
A new piece of legislation has some investors and gamblers hoping legalized internet gambling could be coming to a computer near you, with Jason Ader, Hayground Cove Asset Management CEO.
For most of the people watching last night, the controversy involved Christina Aguilera messing up the words to the National Anthem. But to those who actually bet on it, it was a much bigger deal.
It’s time to pull the rabbit out of the hat! After the volatility that marked the year of the Golden Tiger, the incoming Metal Rabbit may be just what the doctor ordered to bring some calm back to the markets.
Rumors that activist investor Carl Icahn may be interested in this stock, "DRJ" said options skyrocketed.
With Las Vegas Sands scheduled to report quarterly results after Thursday's closing bell, how should you game its stock into and in the wake of earnings?
With Las Vegas Sands scheduled to report quarterly results after Thursday's closing bell, Mike Khouw of Cantor Fitzgerald reveals an options trade on the casino operator.
On CNBC, C. Fred Bergsten, director of the Peterson Institute for International Economics, made a bold proposition. He bet a steak dinner at the WEF annual meeting 2012 if the US economy doesn't grow 4 percent this year.