SPRINGFIELD, Ill.— An effort to generate much-needed revenue for Chicago and Illinois by opening a city-owned casino and expanding gambling elsewhere could be pushed into summer as lawmakers negotiate a deal that could include "satellite" casinos in central and southern Illinois. Supporters say they believe conditions are right for a deal this year, with...» Read More
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.
Sands China reported third quarter earnings more than doubled from a year earlier on soaring gambling revenue growth in Macau and a strong performance at its casinos in Macau's Cotai Strip. The Hong Kong listed-unit of Las Vegas Sands reported net profit of US $199.15 million for the three months ended Sept. 30. Revenue rose 27% to US $1.08 billion.
Oscar Goodman is winding down his tenure as perhaps the most famous mayor in Las Vegas' history. He hopes to go out on a high note, even as the state reports the city's unemployment rate has reached a record high of 15 percent.
While gaming companies on the Strip catering to international tourists are starting to see improvement, the verdict's still out on the off-Strip properties.
This earnings season, be cautious when considering valuations placed on companies, said renown financier Bob Olstein Friday.
Greg Mercer has been a Pirates fan since was eight years old and even though he still likes the team, he spent the season betting that they’d lose every single game.
Many of the country’s largest casinos, long opposed to gambling games like poker on the Internet, are now having second thoughts.
The 5% pullback in this stock on Tuesday was “a gift,” Cramer said. Investors should take it.
Counterfeiters have created an international, multi-billion-dollar industry by making cheap imitations of designer goods and selling them for a fraction of the price.
A German economic think tank said it has a stronger record for calling soccer games and a better foundation for its picks than an octopus who became an international celebrity for picking World Cup winners.