• NJ: No proof that Pala CEO knew of cheating Thursday, 20 Nov 2014 | 4:34 PM ET

    ATLANTIC C ITY, N.J.— New Jersey's chief gambling regulator says a preliminary investigation has found no proof that the CEO of a tribal Internet gambling company was involved in or knew of an online cheating scandal at a previous job. David Rebuck, director of the state Division of Gaming Enforcement, said Jim Ryan, chief executive of Pala Interactive, was CEO of a...

  • Casinos push back on Massachusetts gambling limits Thursday, 20 Nov 2014 | 1:08 PM ET

    BOSTON— In a rarely used tactic meant to address gambling addiction, Massachusetts may require casinos to reward their customers for voluntarily setting limits on how much time and money they spend at slot machines under a proposal being considered by state gambling regulators. But the state's recently licensed casino companies— Wynn Resorts, MGM Resorts...

  • Future dim for Taj Mahal, former Revel casinos Thursday, 20 Nov 2014 | 10:03 AM ET

    Trump Entertainment Resorts has said it will close the casino Dec. 12. Judge Kevin Gross issued an order late Wednesday scheduling the hearing on whether it's time to pull the plug on Trump Entertainment, which is about to close its last remaining casino. Gross also said that the main parties to the case— Trump Entertainment, billionaire Carl Icahn as its main...

  • Tribal police make arrest in casino chips theft Thursday, 20 Nov 2014 | 6:40 AM ET

    UNCASVILLE, Conn.— Tribal police in Connecticut have charged one of two suspects linked to the theft of $7,000 of gambling chips from a casino customer before punching the patron during his escape. Mohegan police arrested Niren J. Davis of Norwich at an appearance Tuesday in Danielson Superior Court. Police said they also have obtained an arrest warrant for 28-...

  • Brookfield halts plan to buy Atlantic City's Revel Wednesday, 19 Nov 2014 | 6:09 PM ET
    The Revel Casino in Atlantic City on July 30, 2014.

    Brookfield is abandoning its plan to buy the former Revel Casino Hotel in Atlantic City.

  • Pala tribe begins Internet gambling in New Jersey Wednesday, 19 Nov 2014 | 11:18 AM ET

    ATLANTIC CITY, N.J.— California's Pala Indians became the first tribe to offer Internet gambling in New Jersey on Wednesday. "Our launch in New Jersey is a huge step for the company, and we want to make sure we're rolling out one of the best, most user-friendly casino experience on the market," said Jeremy Clemons, Pala Interactive's chief marketing officer.

  • Parents' standing asserted in Ohio slots challenge Tuesday, 18 Nov 2014 | 9:52 AM ET

    John Kasich's decision to legalize slots-like video lottery terminals and use some proceeds for non-educational purposes, and so should be granted legal standing to sue, according to an anti-gambling group's brief to the Ohio Supreme Court. The lawsuit alleges that Kasich's decision to allow video lottery terminals at the state's seven horse tracks and to...

  • Stadium-district casino wins new Philly license Tuesday, 18 Nov 2014 | 3:02 AM ET

    PHILADELPHIA— The Philadelphia- area gambling market is set to get more competitive now that state regulators voted Tuesday to award a license to Live! won a four-way competition for the last casino license in eastern Pennsylvania, and the fifth in the Philadelphia region. It will be owned and operated by Cordish Cos. of Baltimore and Greenwood Gaming&...

  • High stakes for Atlantic City     Monday, 17 Nov 2014 | 1:11 PM ET

    The Trump Taj Mahal will be the fifth casino in Atlantic City to close this year. CNBC's Morgan Brennan reports the current tally for lost positions by year-end is 11,000.

  • New Jersey woman wins $1.3M playing slots online Monday, 17 Nov 2014 | 11:24 AM ET

    ATLANTIC CITY, N.J.— A Morris County woman has won New Jersey's largest Internet gambling jackpot, a $1.3 million payout from an online slots game. Cathy Ruela was playing the "Millionaire Genie" game on the Harrahscasino.com site on Nov. 6 when the genie on her computer screen broke open the chains on a treasure chest and a box popped up, announcing she had won a...

  • Feds probe NFL teams over prescription drugs     Monday, 17 Nov 2014 | 6:51 AM ET
    An injured player is attended to by the team's doctor. The NFL is being probed over use of prescription drugs.

    DEA agents raid NFL medical staffs after games.

  • Thieves steal chips from Connecticut casino Sunday, 16 Nov 2014 | 3:03 PM ET

    UNCASVILLE, Conn.— Tribal police at the Mohegan Sun casino in Connecticut are searching for two men who made off with thousands of dollars worth of gambling chips. Police say one of the suspects took the chips off a casino table Friday night and punched the victim, who tried to confront the thief. Anyone with information about the theft is urged to call the Mohegan...

  • Philly to find out whether it gets a second casino Sunday, 16 Nov 2014 | 10:46 AM ET

    Gamblers from southeastern Pennsylvania and across the border into New Jersey already have their pick of four nearby casinos. "There's no way this market can handle another casino," said Alan Woinski, president of Gaming USA, a New Jersey- based consulting and publishing company. Two want to build downtown, while two others propose building near the sports...

  • Could tight market push NY to go slow on casinos? Saturday, 15 Nov 2014 | 10:42 AM ET

    After New York voters approved four upstate casinos last November, four Atlantic City casinos have closed, gambling profits plunged from Connecticut to Mississippi, and new casinos opened or were greenlighted in Maryland, Pennsylvania and Massachusetts. "Gaming revenues are going to Connecticut, Pennsylvania, New Jersey," said Jeffrey Hyman of the proposed...

  • Trump Taj Mahal Casino Resort files for closure Friday, 14 Nov 2014 | 5:59 PM ET
    The Trump Taj Mahal in Atlantic City, N.J.

    The owner of the struggling Trump Taj Mahal Casino Resort in Atlantic City has filed court papers to close it by next month.

  • Joe Torre: No way to avoid sports gambling     Friday, 14 Nov 2014 | 4:55 PM ET

    Hall of Fame baseball manager & MLB Executive VP of Operations Joe Torre says it is tough to ignore new technologies that allow people to gamble on sports. Still, all sports want to preserve the integrity of their games, he says.

  • Ultimate Gaming closes Nevada online poker site Friday, 14 Nov 2014 | 1:54 PM ET

    After shutting down its operations in New Jersey, the company announced Friday that it had closed its Ultimate Poker online business in Nevada, too, citing trouble making a profit as long as online gambling is limited to a pool of players in single states, so far just three nationwide. The company, owned by Las Vegas- based neighborhood casino-hotel company...

  • NBA pushes gambling     Friday, 14 Nov 2014 | 1:01 PM ET

    NBC Sports' Dave Briggs, discusses whether sports betting should be legalized in the U.S.

  • $10 Million winning poker moment     Friday, 14 Nov 2014 | 12:22 PM ET

    The 45th Annual World Series of Poker finished this week in Las Vegas. 26-Year old Swedish professional and 2014 WSOP Champion Martin Jacobson, speaks to Scott Wapner, about the moment he won.

  • Atlantic City casino revenue down 4.4 pct in Oct. Thursday, 13 Nov 2014 | 2:24 PM ET

    The casinos took in $207 million, compared to $216 million in October 2013. Four of the city's 12 casinos have shut down so far this year— The Atlantic Club, the Showboat, Revel and Trump Plaza. He also touted non-gambling attractions and investments as evidence that Atlantic City is transitioning from a gambling resort to a more diversified one.