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Gaming Control Board

Stossel 04/03/2014: Want To Bet?

Gambling: What's right, what's wrong and what's legal

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  1. Casino trade group attacks bid by PokerStars to play in U.S.

    In an unprecedented intervention in a state licensing case, the trade group for the U.S. casino industry has asked New Jersey regulators to bar a well-known online g...

  2. New Jersey Gives Nod to Online Gambling

    The online gambling market is having a really good week. Shares of gaming companies and Atlantic City casino operators ticked higher on Wednesday after New Jersey Go...

  3. Zynga Surges on Job Cuts, Gambling Legislation

    Shares of Zynga (NASDAQ:ZNGA) roared 10% higher on Monday following the recent passage of an interstate online poker law in Nevada and the game maker's plans to cut ...

  4. MGM Resorts Plans Return to NJ Casino Market

    MGM Resorts (NYSE:MGM), which owns 50% of Atlantic City's Borgata, has filed a petition seeking to return to New Jersey as a fully-qualified casino licensee.The Las ...

  5. Okada sues Wynn Resorts in bid to keep board seat

    Japanese gaming billionaire Kazuo Okada has filed a lawsuit in a Nevada court in an attempt to keep his seat on the board of Wynn Resorts Ltd.Okada, who until recent...

  6. FBI takes probe into Universal payments to Manila - sources

    The FBI has sent agents to Manila in a widening of its investigation into millions of dollars of payments made by Japan's Universal Entertainment Corp to a political...

  7. Atlantic City Casino Revenue Slumps Again

    Atlantic City casinos continued to suffer in December, reporting yet another decline in gambling revenue last month, according figures released Thursday by the New J...

  8. Nevada Casino Revenue Falls Sharply

    Nevada casinos had a rough November with total gambling revenue falling 11.1% to $782.6 million in the month, the state's Gaming Control Board said Thursday. On the ...

  9. Las Vegas Strip Gambling Take Rises 3.6%

    Gambling revenue in Nevada rose 1.9% to $978.8 million, the state's Gaming Control Board reported Friday. On the Las Vegas Strip, which accounts for more than half t...

  10. Zynga Applies for Real-Money Gambling in Nevada

    FBN's Shibani Joshi on Zynga filing paperwork in Nevada that could allow real-money gambling games.

  11. Zynga Takes First Steps Into Real Money Gambling

    Zynga (NASDAQ:ZNGA), which allows people to play casino games like Poker online with digital money, has taken its first steps to start offering real money games in t...

  12. Zynga Shares Jump On Nevada Gaming Filing

    Shares of Zynga Inc. jumped more than 7% to $2.50 in early trades on Thursday, following the company's move to apply for a real-money gaming license in the state of ...

  1. Win a Sporting Wager? You can Bet it's Taxable

    Did you place a bet on the Super Bowl or recently pick up a lottery ticket? Don't feel guilty. Gambling is inevitable.That was the determination in 1976 of the Commi...

  2. Lottery companies cash in as China raises bet on punters

    Every day during his lunch break, Chinese businessman Shen Bin buys three lottery tickets for about 33 cents apiece and then watches to see if his chosen numbers fla...

  3. Caesars exits Boston casino project, says unit under federal probe

    Caesars Entertainment Inc, the latest U.S. casino operator to fall under federal scrutiny, is pulling out of a $1 billion joint venture in Boston after background ch...

  4. Online Poker Makes a Comeback in the U.S.

    Real-money online poker was officially reintroduced in the U.S. on Tuesday with the launch of the country's first legal site operated by Ultimate Gaming, a subsidiar...

  5. Churchill Downs Bets $160M on Oxford Casino

    Churchill Downs (NASDAQ:CHDN) said on Friday it agreed to buy Oxford Casino in Maine for about $160 million in cash, as the company continues to pursue newer propert...

  6. FBI probe of Universal focuses on $25 million consultant fee company now disavows

    The FBI and Philippine investigators probing potential bribery related to Universal Entertainment Corp's bid to build a casino in Manila have zeroed in on a $25 mill...

  7. Cash in On Online Gambling?

    Nevada State Gaming Control Board Chairman A.G. Burnett and GLU CEO Niccolo de Masi on the future of online gambling.

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