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Entertainment Gambling

  • Lottery balls are seen in a box at Kavanagh Liquors on January 12, 2015 in San Lorenzo, California.

    A man who helped write the computer code behind several U.S. lotteries pleaded guilty to rigging the winning numbers for jackpots in several states.

  • NEW YORK/ TOKYO, June 27- Relatives of Japanese tycoon Kazuo Okada helped remove him as director of a Hong Kong investment company at the center of a sprawling gambling empire, according to corporate filings and people with knowledge of the matter. Three sources said it was a rift with family members over money and control of the Hong Kong company that played the...

  • SHANGHAI, June 26- A Chinese court handed short jail terms to three Australian employees of Crown Resorts Ltd in a quick-fire trial following a lengthy probe into how the firm lured Chinese high-rollers to its casinos. The Australian consul general in Shanghai told reporters at the Baoshan District Court that Crown's head of international VIP gambling Jason...

  • SHANGHAI, June 26- A Chinese court sentenced three Australian employees of casino operator Crown Resorts Ltd to short jail terms on Monday, an Australian diplomat said, but they will have little time left to serve as the sentences run from the date of their detention last October. The embassy official said Crown's head of international VIP gambling Jason...

  • SHANGHAI, June 26- Three Australians went on trial in China on Monday along with a dozen other Crown Resorts Ltd employees and former employees accused of gambling crimes, following a lengthy probe into how the firm lured Chinese high-rollers to its casinos. Crown does not directly run casinos in China. China has been cracking down on attempts by casinos to woo...

  • LONDON, June 22- A network of dummy online stores offering household goods has been used as a front for internet gambling payments, a Reuters examination has found. The seven sites, operated out of Europe, purport to sell items including fabric, DVD cases, maps, gift wrap, mechanical tape, pin badges and flags. In fact, they are fake outlets, part of a multinational system...

  • *Crown says 18 staff held in China over "gambling crimes". *Case referred to Baoshan District Court in Shanghai. Since Crown disclosed that 18 of its staff were being held in China for unspecified "gambling offenses," the company- 48 percent owned by billionaire James Packer- has torn up its strategy of luring Chinese high rollers to the casino hub of Macau, shifting its...

  • June 8- Universal Entertainment Corp, a Japanese maker of slot machines, said on Thursday it was investigating what it suspects was an improper transfer of funds by Kazuo Okada, its founder and chairman, to a company he controls. The statement says that all but HK $5 million of the loan was subsequently transferred to Okada Holdings Limited, a company controlled by...

  • HONG KONG, June 2- Macau casino magnate Lawrence Ho, head of Melco Resorts, said measures introduced in mainland China and Macau to tackle capital flight were not denting sentiment, as demand continued to recover in the world's largest gambling hub. Casino revenue in the Chinese territory of Macau has boomed over the last 10 months, reversing a more than two-year...

  • Trader is gambling on Wynn for a breakout

    Trader Guy Adami offers his best stock to buy right now. The “Fast Money” traders weigh in.

  • HONG KONG, June 1- Revenues in the world's biggest casino hub of Macau jumped 24 percent in May, beating expectations and posting a 10- month winning streak as wealthy gamblers returned to the southern Chinese territory despite a corruption crackdown. Macau has rebounded amid better-than-expected economic growth in China, and from five-year lows set in 2014...

  • HONG KONG, June 1- Revenues in the world's biggest casino hub of Macau jumped 24 percent in May, beating expectations and posting a 10- month winning streak as wealthy gamblers returned to the southern Chinese territory despite a corruption crackdown. Gambling revenue in the only place in China where casino gaming is legal rose 23.7 percent in May to 22.7...

  • BRUSSELS, May 26- Malta let online gambling firms operate from the island across the European Union between at least 2012-2014 while failing to enforce its own rules on monitoring their computer servers, according to a former employee at Maltas gaming regulator. Malta has awarded around 500 online gaming licenses, the highest number in Europe.

  • BRUSSELS, May 22- Malta let online gambling firms operate from the island across the European Union between at least 2012-2014 while failing to enforce its own rules on monitoring their computer servers, according to a former employee at Maltas gaming regulator. Malta has awarded around 500 online gaming licences, the highest number in Europe.

  • BRUSSELS, May 21- Malta let online gambling firms operate from the island across the European Union between at least 2012-2014 while failing to enforce its own rules on monitoring their computer servers, according to a former employee at Maltas gaming regulator. Malta has awarded around 500 online gaming licences, the highest number in Europe.

  • Japan legalized casinos in December, attracting international operators including Las Vegas Sands, Galaxy Entertainment Corp and MGM Resorts International. "We definitely want to take a bigger stake in Japan- not just the entertainment part, but the whole resort," President and Chief Operating Officer Haruki Satomi told reporters on the sidelines of a...

  • HONG KONG, May 8- Macau plans to add security features to ATMs to monitor withdrawals, authorities in the world's largest gambling hub said as the Chinese territory seeks to tighten restrictions on cash flows out of the mainland. Macau is a special administrative region of China and the announcement of the plan coincides with a visit by Zhang Dejiang, the head of...

  • HONG KONG, May 8- Macau plans to add security features to ATMs to monitor withdrawals, authorities in the world's largest gambling hub said as the Chinese territory seeks to further tighten restrictions on cash flows out of the mainland. Macau is a special administrative region of China and the announcement of the plans coincides with a visit by Zhang Dejiang,...

  • MANILA/ HONG KONG, May 8- China and the Philippines have joined forces to tackle illegal gambling, part of Beijing's broader campaign to curb illicit capital outflows and a pledge by Manila to weed out unscrupulous operators from the country's booming gaming industry. In their first joint exercise, Philippine and Chinese authorities cracked a transnational...

  • Nyquist #13, ridden by Mario Gutierrez, wins the Kentucky Derby at Churchill Downs on May 07, 2016 in Louisville, Kentucky.

    Prices for Kentucky Derby tickets are going up again this year, but there is a wide spectrum of options.