GO
Loading...

Gambling

More

  • Einhorn flush with luck in poker's 'Main Event' Friday, 11 Jul 2014 | 2:37 PM ET
    Greenlight Capital President David Einhorn sits at a poker table in Atlantic City, N.J.

    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.

  • High-end, high-stakes poker ring     Friday, 11 Jul 2014 | 1:23 PM ET

    CNBC's Andrea Day speaks with Molly Bloom, the host of a busted, high-stakes poker ring involving celebrity A-listers.

  • High-stakes Hollywood poker     Thursday, 10 Jul 2014 | 2:57 PM ET

    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 shares end flat, casinos renew slide Tuesday, 8 Jul 2014 | 4:12 AM ET

    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.

  • World Cup: How are those bets holding up? Friday, 27 Jun 2014 | 7:00 AM ET
    Belgium's Jan Vertonghen (5) shoots during the 2014 FIFA World Cup group H soccer match between South Korea and Belgium in Sao Paulo, Brazil on June 26, 2014.

    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.

  • World Cup gamblers cash in on Suarez bite bets Wednesday, 25 Jun 2014 | 4:24 AM ET
    Uruguay forward Luis Suarez (R) puts his hand to his mouth after clashing with Italy's defender Giorgio Chiellini.

    A Norway gambling website posted a silly prop bet before the World Cup, and 167 people have cashed in.

  • Should online poker be legal in US?     Friday, 20 Jun 2014 | 1:40 PM ET

    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 files for bankruptcy Thursday, 19 Jun 2014 | 6:02 PM ET

    Atlantic City's Revel Casino Hotel filed for bankruptcy and warned its staff that it will shut down soon without a buyer.

  • Amaya buys PokerStars for $4.9 billion     Thursday, 19 Jun 2014 | 2:53 PM ET

    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.

  • MILAN, June 16- Italian lottery operator GTECH said on Monday it was in preliminary talks to buy Las Vegas- based slot machine maker International Game Technology in a deal that could involve a cash and paper offer.

  • Sportsbet: 'We're behind the Socceroos'     Sunday, 15 Jun 2014 | 11:44 PM ET

    Christian Jantzen, Spokesperson of Sportsbet, explains the betting house's decision to fly a hot air balloon replica of Brazil's iconic Christ statue over Melbourne.

  • Why Qatar will likely lose the 2022 World Cup Friday, 13 Jun 2014 | 5:01 PM ET
    A Qatari official stands near the FIFA World Cup trophy following its arrival in Doha.

    Here’s why I’m betting that Qatar will be stripped of the 2022 World Cup, says former assistant US attorney Mitchell Epner.

  • June 12- Canada's Amaya Gaming Group Inc on Thursday said it will buy for $4.9 billion Rational Group, which owns and operates the world's biggest online poker company PokerStars. Deutsche Bank, Barclays and Macquarie Capital will provide $2.9 billion in credit facilities and other financing.