The Horseshoe Casino in downtown Baltimore opened its doors Tuesday night. Gambling experts say rust-belt towns like Philadelphia, Cleveland and now Baltimore have become desirable casino locations, especially as gambling destinations like Atlantic City continue to plunge into economic decline.» Read More
CNBC's Morgan Brennan reports what led to Atlantic City's downgrade by Moody's.
HONG KONG, July 21- Hong Kong shares sagged on Monday, though the Macau gambling sector regained momentum following losses last week stemming from a corruption probe and disappointing earnings. Galaxy Entertainment Group and Sands China were the standout winners on the Hang Seng, up 3.1 and 2.3 percent respectively.
Singapore has put a new spin on its anti-gambling advertisement, which was mocked globally following Germany's World Cup success. CNBC's Martin Soong and Sri Jegarajah discuss.
July 14- The Trump Plaza Hotel is expected to close in September, making it the fourth casino to close this year in Atlantic City, the faltering New Jersey resort town. Atlantic City, which once held a lucrative East Coast gambling monopoly, has fallen hard as new casinos open in the northeastern United States.
Billionaire hedge fund manager David Einhorn is still alive after three days (and nearly 30 hours of play) in the World Series of Poker Main Event.
CNBC's Andrea Day speaks with Molly Bloom, the host of a busted, high-stakes poker ring involving celebrity A-listers.
Molly Bloom, author of "Molly's Game," shares her story of running poker games for Wall Street hot shots and Hollywood's elite, including Matt Damon and Ben Affleck.
HONG KONG, July 8- Hong Kong shares finished flat on Tuesday, as gains in utilities offset losses in Macau casino stocks on concerns that revenues would suffer as gamblers focused on the final week of the World Cup. Among Macau gaming stocks, Galaxy Entertainment Group shed 2.7 percent and Wynn Macau 1.4 percent.
HONG KONG, July 7- Hong Kong shares finished flat on Monday, as strength in the property sector was undercut by losses for Macau casino stocks that recently rallied. China Resources Land and China Overseas Land& Investment advanced 1.6 and 1.7 percent, respectively, on the loosening of housing policies in some cities.
LONDON, July 7- Exploring for oil and gas is like gambling: it's all about playing probabilities, and using technology and skill to improve the odds.
BRUSSELS, July 4- The European Commission will urge countries to demand that online gambling advertisements display warning messages like cigarette packets, according to a draft document seen by Reuters.
How are those World Cup bets faring? Let's just say your chances were better with this former Wall Street whiz than Goldman Sachs.
ST. LOUIS, June 25- U.S. authorities are ramping up their investigation into money flows from gambling hotspot Macau to ensure that U.S. casinos with operations there are not used as conduits to funnel crime proceeds from Asia and elsewhere into the U.S. financial system.
A Norway gambling website posted a silly prop bet before the World Cup, and 167 people have cashed in.
Rep. Jason Chaffetz, (R-Utah), does not think online gaming is right for the U.S., while Tom Russell, C4Cop.com executive director, pushes back.
HONG KONG, June 20- Hong Kong shares snapped a four-day losing steak, as the beaten-down Macau gambling sector rebounded, but still suffered a loss for the week. The China Enterprises Index of the leading offshore Chinese listings in Hong Kong gained 0.4 percent, but had its 5- week winning streak ended with a 1.2 percent drop for the week.
Atlantic City's Revel Casino Hotel filed for bankruptcy and warned its staff that it will shut down soon without a buyer.
Amaya Gaming is talking to New Jersey gaming regulators about licensing Poker Stars in the state. Darren Heitner, Wolfe Law partner, discusses the potential for PokerStars becoming the online poker leader.
TOKYO, June 17- Japanese lawmakers said they will start long-awaited talks on Wednesday on a bill to legalise casino gambling, kicking off the process to create an industry that Prime Minister Shinzo Abe has called a highlight of his growth strategy.
*Slot-machine maker has a market value of nearly $4 bln. MILAN, June 16- Italian lottery operator GTECH is in preliminary talks to buy Las Vegas- based International Game Technology in a cash and shares deal that would make it a significant player in the casino slot machine business.