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A homeless man in Aspen, Colorado, beat 840,000-to-1 odds to win a half-million dollars on a lottery scratch ticket, and “it couldn’t happen to a better type of person,” a shelter worker said Monday. Michael Engfors, 61 — who’s been homeless for about six years after he lost his business and went through a divorce …
The New York attorney general has demanded that DraftKings and FanDuel stop taking bets in the state because he considers them illegal gambling operations.
Young Americans love Las Vegas. But there’s a problem. Their idea of gaming isn’t the one Vegas was built on. Millennials prefer videogames over slot machines. They like daily fantasy sports leagues — which technically aren’t considered gambling, so casinos can’t play. This week at the Global Gaming Expo in Las Vegas, the industry is …
Money is pouring into legal online sports betting.
In Macau, gambling revenue continues to slide and many attribute the slump to China’s crackdown on corruption.
Atlantic City is still reeling from economic woes, financial missteps and Superstorm Sandy.
It might sound like a bad excuse for gambling, but sometimes a bet really is about more than just the money. Just ask the race fans who put money down on American Pharoah, the first horse to win the Triple Crown since 1978. The majority of bettors at the Belmont Stakes this weekend who had …
Three years ago, Massachusetts approved legalized gambling, after companies competed fiercely for regional licenses and millions were spent on real estate, planning, hiring and lobbying, Come Tuesday, however, voters in the Bay State may decide they don’t want gambling after all. This week, voters are set to decide whether to repeal a law that hasn’t …
A federal judge temporarily blocked plans to legalize sports betting in New Jersey.
How big of an impact does the gambling industry have on the U.S. economy?
Some of Atlantic City’s casinos start shutting their doors, taking thousands of jobs with them. What’s next for the struggling city by the boardwalk?
Vegas is back. Mostly. Tourism through the first half of the year is up more than 4 percent. Sin City is on track to top 41 million visitors in 2014. However, this isn’t your prerecession Las Vegas. The Strip is more heavily reliant on international visitors, who spend on average $400 more per trip than Americans …
Gamblers around the world lost a total of $440 billion in 2013, an unprecedented amount still likely to increase, according to a story in the Economist. Data from British consultants H2 Gambling Capital shows that Australians lost the most per person of the countries surveyed, while the Germans and the Dutch lost the least. (Watch: Tabcorp: …