GO
Loading...

Gambling

More

  • Tribe becomes 1st to launch online gambling in NJ Monday, 24 Nov 2014 | 10:30 AM ET

    ATLANTIC CITY, N.J.— California's Pala Indians have launched their Internet gambling site in New Jersey following a test period last week, becoming the first tribe to do so in the state. The Pala Band of Mission Indians received permission late Friday from New Jersey gambling regulators for a full launch of the website in a partnership with Atlantic City's...

  • Korea holds winning hand as Japan gambling bill dies Sunday, 23 Nov 2014 | 6:14 PM ET
    Hanging above the "Center Bar," a Pepsi-branded LED display with 2.1 million pixels.

    South Korea looks like the consolation prize as Japan's $15 billion casino dream fades.

  • TOKYO/ SEOUL, Nov 24- South Korea looks like the consolation prize as Japan's $15 billion casino dream fades, a setback for companies such as Las Vegas Sands Corp that envisioned a new gaming hub rivalling Las Vegas in 2020.. Japan is seen as the biggest unclaimed prize, a market that research firm Union Gaming estimated would generate $15 billion in annual...

  • *Responsible Gambling Trust report due next month. LONDON, Nov 23- On the websites of Britain's bookmakers gamblers can bet around the clock on anything from soccer in Azerbaijan to financial market fluctuations, while others in betting shops feed high-stake machines that can devour 300 pounds a minute. To avoid further sanctions, companies such as William...

  • California Indian casinos embroiled in turmoil Saturday, 22 Nov 2014 | 10:57 AM ET

    COARSEGOLD, Calif.— When it comes to controlling California's flashy Las Vegas-style casinos, the stakes are enormous for tribes who own the gambling operations that collectively generate billions of dollars a year to sustain Native Americans up and down the state. The National Indian Gaming Commission, which regulates Indian casinos, and a federal judge...

  • Regulators set deadlines for final casino license Friday, 21 Nov 2014 | 1:42 PM ET

    BOSTON— Gambling regulators have set new application deadlines for Massachusetts' third and final resort casino license. The Massachusetts Gaming Commission announced Friday that initial applications for the southeastern region, which is centered on Fall River and New Bedford, will be due Jan. 30. To date, the commission has received just one initial...

  • Louisiana casino revenue up 3.9 percent Friday, 21 Nov 2014 | 7:53 AM ET

    BATON ROUGE, La.— Louisiana's 14 riverboats, four racetrack casinos and Harrah's land-based casino brought in nearly $194.6 million in October, 3.9 percent better than the $187.3 million the gambling halls won the year before. Lake Charles saw the biggest gain of any casino market in the state, up by 7 percent to $55.3 million. Baton Rouge's casinos brought in...

  • 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...