Latest Gambling News

Lawsuit filed over measure approved by Arkansas voters that revoked planned casino's license

Nov. 08, 2024 20:18 PM EST

LITTLE ROCK, Ark. (AP) — Cherokee Nation Entertainment on Friday filed a lawsuit challenging a constitutional amendment Arkansas voters approved this week that revokes its license for a planned casino in the state. The lawsuit filed in federal court claims the measure approved by...

Second gambler admits trying to cash in on scheme involving ex-NBA player Jontay Porter

Oct. 30, 2024 17:37 PM EDT

NEW YORK (AP) — A Pennsylvania man pleaded guilty Wednesday in a sports betting scheme that ended Toronto Raptors forward Jontay Porter's NBA career. With Mahmud Mollah 's plea Wednesday, three people — including Porter — have now publicly admitted their roles in the scandal....

Missouri sports betting ballot measure highlights national debate about tax rates

Oct. 30, 2024 11:12 AM EDT

JEFFERSON CITY, Mo. (AP) — The ads promoting a November ballot measur e to legalize sports betting in Missouri tout the potential for millions of new tax dollars devoted to schools. If voters approve the measure, it's a good bet they will see even more ads offering special promotions for bettors....

Seminole Tribe settles legal challenges to online sports gambling exclusivity in Florida

Oct. 28, 2024 18:24 PM EDT

FORT LAUDERDALE, Fla. (AP) — The Seminole Tribe of Florida and a group of businesses that operate racetracks and poker rooms have settled a yearslong legal dispute over whether the Seminole Tribe should have exclusive rights to online sports betting in Florida, the tribe announced Monday. ...

New Jersey loves the money from online sports betting, but fears addictive consequences

Oct. 24, 2024 13:47 PM EDT

TRENTON, N.J. (AP) — Online sports betting is reaping new revenue for New Jersey but also raising concerns about gambling addiction and potential harm to the finances of Atlantic City's casinos that depend on in-person gamblers, sports books and problem gambling treatment workers testified...

Churchill Downs: Q3 Earnings Snapshot

Oct. 23, 2024 16:22 PM EDT

LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — Churchill Downs Inc. (CHDN) on Wednesday reported third-quarter earnings of $65.4 million. The Louisville, Kentucky-based company said it had net income of 86 cents per share. Earnings, adjusted for non-recurring costs, were 97 cents...

From showgirl feathers to shimmering chandeliers, casino kitsch finds new life

Oct. 21, 2024 13:04 PM EDT

LAS VEGAS (AP) — Crystal chandeliers that once glimmered above a swanky lounge, bright blue costume feathers that cloaked shimmying showgirls, and fake palm trees that evoked a desert oasis are just some the artifacts making their way from the latest casino graveyards of Las Vegas into Sin City...

New Jersey internet gambling revenue set new record in Sept. at $208 million

Oct. 17, 2024 15:39 PM EDT

ATLANTIC CITY, N.J. (AP) — New Jersey's red-hot internet gambling market set another record in September with Atlantic City's casinos and their technical and online partners winning over $208 million. Figures released Thursday by the state Division of Gaming Enforcement show the...

Arkansas Supreme Court rejects challenge to ballot measure that would revoke casino license

Oct. 14, 2024 20:09 PM EDT

LITTLE ROCK, Ark. (AP) — The Arkansas Supreme Court on Monday rejected part of a lawsuit challenging a measure on the ballot that would revoke the license issued for a planned casino. Justices unanimously rejected the lawsuit's claims that the measure should be disqualified for...

Macao's former top judge is chosen as the Chinese casino hub's first leader born in mainland China

Oct. 13, 2024 20:34 PM EDT

MACAO (AP) — Macao’s former top judge, Sam Hou Fai, was chosen as the Chinese casino hub’ s next leader in a largely ceremonial election on Sunday, setting him up to become the city’s first chief executive born in mainland China. Almost the entire election committee stacked...