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Entertainment Gambling

  • The robbery is one of the largest in the world's biggest gambling hub, the South China Morning Post reports.

  • ATLANTIC CITY, N.J.— In 2017, it was a very good year— for Atlantic City's casinos. Figures released Friday by the state Division of Gaming Enforcement show the seven casinos won $2.66 billion in 2017, an increase of 2.2 percent over 2016.. "Every single casino won more, and every internet operation reported increased win last year," said James Plousis, the new...

  • ATLANTIC CITY, N.J.— Federal lawmakers who represent New Jersey from both parties have asked the U.S. Justice Department to keep internet gambling legal. Internet gambling is a thriving industry in New Jersey, helping Atlantic City's seven casinos recover from a three-year period in which five of the city's 12 casinos closed. Frank LoBiondo, Leonard Lance, and...

  • PORTLAND, Maine— Maine will soon let new people into its valuable baby eel fishery for the first time in several years, and fishermen are hopeful they could soon be allowed to catch more of the wriggling critters. Maine limits the number of elver fishing licenses to 425. Maine fishermen are allowed to harvest a total of about 9,700 pounds of elvers in a short fishing...

  • BRIDGEPORT, N.Y.— The Oneida Indians will open their third upstate New York casino March 1 in an increasingly crowded market. The tribe said Wednesday the Point Place Casino in Bridgeport near Syracuse will open with 500 slot machines and 20 table games. Several upstate New York casinos have opened in recent years and Resorts World Catskills is set to open next...

  • The MGM Macau casino resort, in Macau, China.

    MGM Resorts represents the gambling sector's most compelling option in the new year, according to J.P. Morgan.

  • NICOSIA, Cyprus— One of Europe's biggest casino resorts due to be built in Cyprus should pump $838 million into the island nation's economy annually from 2022, the second year of its operation, the country's president said Tuesday. Melco says the resort will be Europe's largest and will include 136 tables and 1,200 gaming machines, a five-star, 500- room hotel, 11...

  • CHICAGO, Jan 5- Numbers were drawn on Friday in the Mega Millions lottery, with a jackpot of an estimated $450 million, the fourth largest in the game's history, up for grabs. Saturday's 10:59 p.m. EST Powerball drawing has an estimated $358.5- million lump-sum payment, according to organizers. Long odds have not halted the spread of "lottery fever," with people...

  • Long odds have not stopped "lottery fever" from spreading, with people lining up at retailers to buy the $2 tickets, said Jeff Lenard, spokesman for the National Association of Convenience Stores, whose members sell about 60 percent of the nation's lottery tickets. Powerball tickets are sold in 44 states, and Washington, D.C., Puerto Rico and the U.S. Virgin Islands.

  • Powerball, Mega Millions jackpots both top $400 million for the first time

    Powerball and Mega Millions have top prizes of more than $400 million. Winners should watch out for the tax bite.

  • Jan 1- Gaming revenue in the Chinese territory of Macau rose for the first time in three years in 2017 as high-end punters' appetite for gambling recovers after a protracted government campaign against shows of wealth among public officials and slowing economic growth. Figures from Macau's Gaming Inspection and Coordination bureau on Monday showed...

  • Fertitta on sports betting: We're giving away billions to offshore gambling companies

    Billionaire businessman Tilman Fertitta, who also owns the NBA's Houston Rockets, discusses what legalized sports gambling means to the sport.

  • U.S. lottery players now have two chances at jackpots of more than $300 million

    Depending on whether a winner claims the prize in late 2017 or early 2018, different tax rules apply.

  • GVC, the owner of the Sportingbet, Bwin and Foxy Bingo brands, and betting shop operator Ladbrokes Coral disclosed on Dec. 7 that they were in "detailed discussions" about a possible cash-and-shares takeover, which would create a gambling giant that is expected to be big enough to enter the UK's FTSE 100 index. GVC, which is led by Kenny Alexander who would also take...

  • Shea Theodore #27 of the Vegas Golden Knights celebrates with teammates after scoring on a power-play goal with 2.3 seconds left in the third period to beat the Tampa Bay Lightning 4-3 at T-Mobile Arena on December 19, 2017 in Las Vegas, Nevada.

    Despite the skepticism of shareholders, MGM CEO Jim Murren says investing in public spaces improves Las Vegas's business prospects.

  • Macau has grown into the gaming capital of the world by "several orders of magnitude," says Grant Govertsen of Union Gaming Securities Asia.

  • LONDON, Dec 7- Online gambling company GVC Holdings is in talks to buy Ladbrokes Coral for up to $5.2 billion in a long-awaited deal that would transform it into a bastion of British betting. GVC's bid marks the biggest wager yet by Kenny Alexander, who would become chief executive of the combined group, which is expected to be large enough to enter Britain's FTSE...

  • Kenny Alexander, chief executive at GVC, speaks about his company's proposed takeover of Ladbrokes Coral.

  • *GVC approaches Ladbrokes, now in detailed talks. LONDON, Dec 7- Bookmaker GVC Holdings has offered to buy Ladbrokes Coral for up to $5.2 billion to create a global online and high street betting giant able to take on rivals and cope with a tougher regulatory environment. The proposed takeover would give it access to the Ladbrokes, Coral and Gala brands and the...

  • LONDON, Dec 7- Bookmaker GVC Holdings has offered to buy Ladbrokes Coral for up to 3.9 billion pounds to create a betting giant able to cope with the tougher rules being imposed by the British government. The Isle of Man- based GVC, which has grown rapidly into one of Britain's biggest online gambling companies, and high street-based Ladbrokes held talks about a...