CNBC's Eric Chemi reports on losses in the sports betting industry following Tiger Woods' historic Masters win.
CNBC's Emily Tan reports on "confidential discussions" for a potential change of control transaction between Crown Resorts and Wynn Resorts.
David Katz, Jefferies, explains his bullish call on Wynn Resorts.
CNBC's Contessa Brewer reports from Boston as Wynn Resorts CEO Matt Maddox testifies to keep the company's gambling license in the city.
CNBC's Contessa Brewer reports from Boston as Wynn's gambling license hangs in the balance. Explosive testimony from a board member alleges that allegations against Steve Wynn were known as far back as 2016.
If the winner goes with the cash option of $477 million, the IRS will get more than $100 million right off the bat.
A single ticket sold in Wisconsin matched all six numbers in the Wednesday night Powerball.
Right off the bat, the IRS would get more than $100 million in taxes.
CNBC's "Power Lunch" team is joined by Chad Millman, head of media at The Action Network, to discuss how college basketball is being impacted by sports gambling.
Uncle Sam would shave tens of millions of dollars off the windfall before it even reaches the winner.
CNBC's Eric Chemi talks NCAA bracket strategy as millions of Americans get ready for the start of March Madness and wagering billions of dollars in the process.
Right off the bat, the IRS would shave tens of millions of dollars off the windfall, and more would be due at tax time.
If there's a winner in Saturday night's drawing, the IRS will get tens of millions of dollars.
Whether the winner goes with the lump sum or an annuity, the IRS will be waiting for a share.
Lottery officials on Monday announced that a South Carolina resident had stepped forward to claim the $1.5 billion Mega Millions jackpot from last October.
CNBC's Julia Boorstin reports on ESPN's announcement that it is starting a daily sporting betting show.
David Bonnet of Delta State Holdings says he is very bullish on the gaming sector in Macau in part because of increased connectivity and integration between cities in the Greater Bay Area.
Gambling wins are considered income, and the IRS expects you to report it every year at tax time.
"Not surprisingly, it's the biggest day of the year for us," DraftKings CEO Jason Robins says.
DraftKings CEO Jason Robins joins CNBC's "Closing Bell" to talk about the upcoming Super Bowl as more states allow legal sports betting.