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Gambling
MACAU, Sept 12- Over the past five years, Macau has raked in $70 billion in taxes from the casinos that have made the territory the largest gambling center in the world. However, taxes from Macau's six casino operators- which account for more than 80 percent of government revenue annually- continue to pour in. The southern Chinese territory has zero public debt and...
MACAU, Sept 12- Over the past five years, Macau has raked in $70 billion in taxes from the casinos that have made the territory the largest gambling center in the world. However, taxes from Macau's six casino operators- which account for more than 80 percent of government revenue annually- continue to pour in. The southern Chinese territory has zero public debt and...
*Two typhoons from Aug. 23 killed 10 people. HONG KONG, Sept 1- Casinos in the world's biggest gambling hub of Macau booked a 20 percent rise in revenue in August, the 13th consecutive month of gain, and a month in which two deadly typhoons left as much as half the city without power and water. The impact was less acute along Macau's Las Vegas-style Cotai strip due to newer...
HONG KONG, Sept 1- Casinos in the world's biggest gambling hub of Macau booked a 20 percent rise in revenue in August, the 13th consecutive month of gain, and a month in which two deadly typhoons left as much as half the city without power and water for as many as four days. All casinos in the Chinese territory reported power cuts and water shortages ranging from hours...
More big bets are likely to be placed before Saturday's fight, legendary oddsmaker Jimmy Vaccaro said.
Conor McGregor is making a lot of wise guys nervous in this gambling city.
MACAU, Aug 25- The glitzy exterior of Macau crumbled after a super typhoon steamrolled through the gambling center, exposing critical infrastructure flaws and overwhelmed emergency services. Macau, a former Portuguese colony until 1999, was battered this week by Typhoon Hato, one of the strongest on record. "It's a long-time story of incompetence and a lack of...
The owner of a Powerball ticket sold in Massachusetts won more than $750 million on Wednesday, one of the largest prizes in the lottery's history.
CNBC's Contessa Brewer reports on the single winning Powerball ticket sold in Massachusetts.
Union Gaming analyst Grant Govertsen believes the typhoon will hurt Macau's casino revenues.
The Powerball jackpot is now worth $700 million.
Jimmy Vaccaro, South Point Hotel sports marketing director, discuss the odds of winning the Powerball as well as the McGregor versus Mayweather fight.
Federal tax withholding on the $443.3 million lump sum would be roughly $110.8 million.
The Powerball jackpot is now $700 million, after Saturday's drawing failed to yield a winner.
A win for the Democrats in Congress next year may push U.S. President Donald Trump to resign rather than face impeachment, says an analyst.
Powerball officials say there was no grand prize winner in the latest drawing, meaning one of the nation's largest lottery jackpots will continue growing.
Ranchers in North Dakota, South Dakota and Montana have been suffering through the region's worst drought in 30 years, which has withered grazing fields, causing a severe spike in the cost of hay to feed their animals. It will change how they're going to operate for the next several years in order to get through it, "Greg Lardy, head of North Dakota State University's...
SHANGHAI/ BEIJING, Aug 12- China on Saturday freed one of the last remaining Crown Resorts Ltd executives jailed for illegally promoting gambling, as a protracted saga that forced the Australian casino operator to cancel global expansion plans and hurt profits nears an end. Jason O'Connor, head of international VIP gambling with the casino giant, was released...
SHANGHAI/ BEIJING, Aug 12- China on Saturday freed one of the last remaining Crown Resorts Ltd executives jailed for illegally promoting gambling, as a protracted saga that forced the Australian casino operator to cancel global expansion plans and hurt profits nears an end. Jason O'Connor, head of international VIP gambling with the casino giant, was released...
