Gambling industry

In this Sept. 9, 2018 photo, customers watch sports on a giant screen at the sports book of the Ocean Resort Casino in Atlantic City, N.J. Panelists at a gambling conference in Atlantic City, on Thursday, June 13, 2019, predicted 90 percent of all US sports betting will be done online or over smart phones within the next 10 years. (AP Photo/Wayne Parry)
June 13, 2019 - 4:02 pm
ATLANTIC CITY, N.J. (AP) — Some gambling and technology executives say 90% of sports betting in the United States will be done over mobile phones or the internet in the next five to 10 years. Speaking this week at the East Coast Gaming Congress in Atlantic City, the leaders say rapid advances in...
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FILE - This June 14, 2018 file photo shows bettors waiting to make wagers on sporting events at the Borgata casino in Atlantic City hours after it began accepting sports bets. It's hard enough for compulsive gamblers to stop betting. Now, in a growing number of places, they're being bombarded with ads urging them to bet on sports. It's a temptation they didn't face a year ago. And it's raising questions as to how tightly regulated sports betting advertising should be in the United States. (AP Photo/Wayne Parry)
June 01, 2019 - 12:21 pm
ATLANTIC CITY, N.J. (AP) — The tagline makes the solution sound so simple: "Gamble responsibly." It's anything but for those who struggle with compulsive gambling. Instead, the footnote caps a powerful new temptation as ads for sports betting emerge in states that have recently legalized an...
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FILE - This June 14, 2018 file photo shows bettors waiting to make wagers on sporting events at the Borgata casino in Atlantic City hours after it began accepting sports bets. It's hard enough for compulsive gamblers to stop betting. Now, in a growing number of places, they're being bombarded with ads urging them to bet on sports. It's a temptation they didn't face a year ago. And it's raising questions as to how tightly regulated sports betting advertising should be in the United States. (AP Photo/Wayne Parry)
June 01, 2019 - 12:07 pm
ATLANTIC CITY, N.J. (AP) — The tagline makes the solution sound so simple: "Gamble responsibly." It's anything but for those who struggle with compulsive gambling. Instead, the footnote caps a powerful new temptation as ads for sports betting emerge in states that have recently legalized an...
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FILE - In this Jan. 2, 2019, file photo, construction continues on the Encore Boston Harbor luxury resort and casino in Everett, Mass., being built by Wynn Resorts. In joint statement on Friday, May 17, 2019, Wynn Resorts and MGM Resorts said they are discussing the possible sale of Encore Boston Harbor to MGM, It is scheduled to open in June. MGM opened a casino in Springfield, Mass., in August 2018. (AP Photo/Steven Senne, File)
May 17, 2019 - 5:49 pm
BOSTON (AP) — Two major casino operators said Friday they were in preliminary talks about the possible sale of one of the largest casinos in the Northeast. Wynn Resorts and MGM Resorts International said in a joint statement they've engaged in conversations about the potential sale of Encore Boston...
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FILE - In this April 1, 2018, file photo, people carry flowers as they walk near the Mandalay Bay hotel and casino during a vigil for victims and survivors of a mass shooting in Las Vegas. Casino giant MGM Resorts is telling federal regulators it thinks it might pay up to $800 million to settle liability lawsuits stemming from the October 2017 mass shooting that became the deadliest in modern U.S. history. (AP Photo/John Locher, File)
May 16, 2019 - 6:32 pm
LAS VEGAS (AP) — Casino giant MGM Resorts told federal regulators Thursday it might pay up to $800 million to settle liability lawsuits stemming from the 2017 mass shooting in Las Vegas — the deadliest in modern U.S. history. "The company believes it is reasonably possible that a settlement will be...
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May 16, 2019 - 6:11 pm
LAS VEGAS (AP) — Casino giant MGM Resorts told federal regulators Thursday it might pay up to $800 million to settle liability lawsuits stemming from the 2017 mass shooting in Las Vegas — the deadliest in modern U.S. history. "The company believes it is reasonably possible that a settlement will be...
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President Donald Trump speaks at the 38th Annual National Peace Officers Memorial Service on the West Lawn of the Capitol Building, Wednesday, May 15, 2019, in Washington. (AP Photo/Andrew Harnik)
May 15, 2019 - 5:06 pm
WASHINGTON (AP) — The House on Wednesday approved a bill reaffirming the right of a Massachusetts tribe to hold land in trust, a crucial step to building a $1 billion casino. The bill, approved 275-146, would allow the Mashpee Wampanoag Tribe to hold 321 acres of reservation land in trust, despite...
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In this Sept. 9, 2018 photo, football fans wait for kickoff in the sports betting lounge at the Ocean Casino Resort in Atlantic City, N.J. Since sports betting became legal last year in New Jersey, the state's casinos and racetracks had taken more than $2.6 billion worth of bets through the end of April 2019. (AP Photo/Wayne Parry)
May 14, 2019 - 2:41 pm
ATLANTIC CITY, N.J. (AP) — New Jersey casinos and racetracks took nearly $314 million worth of sports bets in April, the sixth consecutive month such wagering exceeded $300 million. The figures were released Tuesday, the anniversary of New Jersey's U.S. Supreme Court win clearing the way for all 50...
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Stock trader Gregory Rowe works at the New York Stock Exchange, Friday, May 10, 2019. (AP Photo/Richard Drew)
May 10, 2019 - 11:43 am
NEW YORK (AP) — An escalating trade war between the U.S. and China pushed stocks lower for a fifth straight day Friday on Wall Street and put the market on track for its worst week of the year. The U.S. pulled the trigger on higher tariffs on $200 billion worth of Chinese goods even as both sides...
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May 10, 2019 - 10:32 am
NEW YORK (AP) — An escalating trade war between the U.S. and China pushed stocks lower for a fifth straight day Friday on Wall Street and put the market on track for its worst week of the year. The U.S. pulled the trigger on higher tariffs on $200 billion worth of Chinese goods even as both sides...
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