Gambling haven Nevada has cracked down on daily fantasy sports, and experts say it could be a tipping point for more legal threats.
The Nevada Gaming Control Board ruled daily fantasy sports sites are forms of gambling and can no longer operate in the state. Drew Rosenhaus, Rosenhaus Sports CEO, says fantasy is here to stay, and it's good for the NFL.
The Nevada Gaming Control Board ruled daily fantasy sports sites are forms of gambling and can no longer operate in the state, reports CNBC's Eric Chemi. Casinos have seen big spenders move from traditional gaming to fantasy games.
CNBC's Josh Lipton details Wynn's latest earnings report, missing revenue estimates.
Discussing casino and lodging stocks for your portfolio, with Joseph Greff, JPMorgan gaming and lodging analyst.
Amid government scrutiny of daily fantasy sports, more regulations will likely emerge, but it's not clear what form they'll take.
Macau's strong activity over the Golden Week suggests that seasonal casino and gaming trends are intact, says Grant Govertsen, MD at Union Gaming Group.
Accusations of insider betting at DraftKings and FanDuel show that daily fantasy sports are ripe for fraud, experts say.
Mass-market gamblers will help to stabilize Macau's gaming and casino sectors as big players double their capacity, says Matthew Ossolinkski, chairman at Ossolinksi Holding.
Macau's tourism figures have improved but casino and gaming revenue remain very weak, says Jonathan Galaviz, partner at Global Market Advisors.
Eric Schneiderman has opened an inquiry into DraftKings and FanDuel over the fraudulent use insider information, the NYT reports.
Top players can make huge cash in the booming but criticized daily fantasy sports industry, which is led by DraftKings and FanDuel.
Somesh Agarwal, senior analyst at Macquarie Securities Group, says additional capacity in Macau will likely continue to weigh on the gaming revenue and profitability of casino operators.
The market for distressed properties has spread from the housing market to the very heart of Sin City.
This week at the Global Gaming Expo, the industry is trying to figure out how to attract a younger crowd with new interests.
It has not been a good year to be a shareholder in a major casino company. But the CEO says, "We're doing better, thank God."
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An appeals panel ruled that the Borgata casino can regulate the weight of its cocktail waitresses.
An appeals panel has upheld the Borgata casino's policy of regulating how much its cocktail waitresses can weigh.
PayPal just started allowing processing for online gambling outfits, but is not doing any PR around it.