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  • SEOUL, March 18- South Korea on Tuesday granted a preliminary casino licence to a Lippo Ltd and Caesars Entertainment Corp venture to build a resort on Yeongjong island, as the government tries to court wealthy Chinese punters with an array of gambling options.

  • MACAU, March 12- Galaxy Entertainment Group Ltd and Melco Crown Entertainment Ltd look best placed to benefit from the next phase of Macau's development as the world's gambling capital adds eight more mega-casinos by 2017..

  • MACAU, March 12- Galaxy Entertainment Group Ltd and Melco Crown Entertainment Ltd look best placed to benefit from the next phase of Macau's development as the world's gambling capital adds eight more mega-casinos by 2017..

  • Gambler sues casino after losing $500,000     Friday, 7 Mar 2014 | 4:57 PM ET

    Las Vegas gambler Mark Johnston is suing a casino after losing $500,000 for letting him play drunk, reports CNBC's Eamon Javers.

  • Man sues casino after drunken $500K loss Friday, 7 Mar 2014 | 8:47 AM ET

    A gambler is suing a Vegas casino after he lost $500,000, arguing he should not pay his debt because the establishment got him drunk.

  • HONG KONG, March 3- China's gambling hub Macau raked in a record $4.8 billion in gaming revenues for the month of February, far above analyst expectations, with strong spending from wealthy punters during and after a week-long national holiday.

  • HONG KONG, Feb 26- Hong Kong shares rebounded from their lowest in more than a week on Wednesday, thanks to gains by Chinese oil majors on state-owned enterprise reform hopes and by Macau casinos in anticipation February had record high gambling revenue.

  • TOKYO/ MACAU, Feb 26- Billionaire Sheldon Adelson is willing to bet $10 billion that his Las Vegas Sands will become the leader in casino gambling in Japan, an offer he says his competitors can't match.

  • MILPITAS, Calif., Feb 20- Lottery officials in California were waiting on Thursday to hear from the holder of the single winning ticket of a $425.3 million national Powerball prize, a day after announcing the sixth highest jackpot drawing in U.S. history.

  • MILPITAS, Calif., Feb 20- Lottery officials were waiting on Thursday to hear from the holder of the single winning ticket for a $425.3 million Powerball prize bought in Northern California, a day after announcing the sixth highest jackpot drawing in U.S. history.

  • Feb 20- A single ticket bought in the San Francisco bay area scooped the sixth highest lottery jackpot in U.S. history on Wednesday, winning roughly $425 million, lottery officials said.

  • It has rolled over 15 times and increased in value after each drawing since then, said Carolyn Hapeman, Powerball spokeswoman in New York.

  • Feb 19- Powerball ticket buyers lined up at corner groceries and gas stations on Wednesday with visions of hitting the $400 million jackpot in the U.S. lottery that hasn't had a top prize winner since Christmas.

  • That pushed the jackpot to $400 million for the next drawing, scheduled for Wednesday, according to the Multi-State Lottery Association, which runs the Powerball game. Over the past two years, Powerball prizes have nearly doubled in size after ticket prices rose to $2 from $1 and California, the nation's most populous state, joined the game.

  • Stanley Ho's SJM makes fresh start with new Macau casino Thursday, 13 Feb 2014 | 11:25 PM ET

    MACAU, Feb 14- Macau gambling kingpin Stanley Ho helped put the former Portuguese colony on the map 40 years ago with the fluorescent, onion-shaped Casino Lisboa. Now, the pioneer of old Macau is creating a new landmark- a $3.9 billion resort that will be one of the final projects to open on China's booming Las Vegas-style Cotai strip.

  • Online gambling fuels terrorism networks: Pataki Wednesday, 12 Feb 2014 | 1:10 PM ET

    George Pataki, the former governor of New York, has joined the fight against online gambling, claiming it could be used for money laundering.

  • *Genting Singapore, Landing International to develop $2.2 bln South Korea casino resort. HONG KONG, Feb 7- Casino operator Genting Singapore and Chinese property developer Landing International Development will develop a $2.2 billion casino resort in South Korea, joining global gaming firms rapidly expanding across Asia to court wealthy Chinese punters.

  • Gamblers lost a record $440B last year: Report Thursday, 6 Feb 2014 | 12:11 PM ET

    Gamblers around the world lost $440 billion last year, and the industry is growing. The US is the biggest market, but China is rising.

  • Tabcorp: Countries must insist on gambling laws     Wednesday, 5 Feb 2014 | 8:39 PM ET

    David Attenborough, CEO of Tabcorp, explains his outlook on gaming in Australia and Asia and stresses the importance of proper gambling regulation.

  • HONG KONG, Feb 5- Gaming revenues in Macau, the world's casino capital, grew at the slowest pace in 15 months in January, raking in a lower-than-expected 28.7 billion patacas, due to tempered spending by Chinese visitors ahead of a national holiday.

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