Powerball Jackpot Leaps to $550M
The Powerball jackpot has jumped to $550 million, a major climb less than a day after the latest drawing produced no winning ticket.
gambling
New Hampshire Man Loses Life Savings on a Carnival Game
Carnies get a bad rap, and this sort of thing is why: A New Hampshire man says he lost $2,600, which he calls his life savings, on a carnival game called Tubs of Fun.
Florida's Ban on Slot-Like Games Shuts Hundreds of Parlors
Up to 1,000 strip-mall parlors where people play slot-like computer games are now illegal in Florida, with the governor signing a ban following a federal investigation.
Winner of $338M Lottery Promises to Help Family
The New Jersey winner of a $338 million Powerball jackpot says his first priority will be helping his family.
Winning Ticket for $338M Lottery Sold in New Jersey
The holder of a single ticket, sold in New Jersey, has won Saturday's $338 million Powerball lottery drawing.
Ex-San Diego Mayor's Gambling Wagers Top $1 Billion
Former San Diego Mayor Maureen O'Connor acknowledged Thursday in federal court that she took $2.1 million from her late husband's charitable foundation and gambled it away during a nearly decade-long binge when she wagered more than $1 billion.
Midday Market Minute: A Prelude to Internet Gaming in New Jersey
Guests at one New Jersey casino will be the first in the United States to place bets with the click of their television remote controls, as gambling gets ever closer to going online in the state. Governor Chris Christie narrowly vetoed a bill last week which would have legalized online gaming.
Super Bowl Squares: How Much Are Your Numbers Worth?
Super Bowl Squares are the second most popular office sports betting tradition in the country (beaten only by March Madness brackets), maybe because winning is based solely on luck. Now that you know your numbers, we'll tell you how much they're worth.
Investing.com Is 2012's Priciest URL, but the Real Money Is in Sin
This week, financial news company Forexpros.com shelled out $2.45 million to acquire the Investing.com domain name. That's the biggest URL price tag of the year, but when it comes to the most valuable Internet properties, it's not money that sells: It's sex, alcohol and gambling.
President Romney? Gamblers Say Don't Bet on It
We've heard from poll after poll in recent months predicting who would win the presidential race: Barack Obama or Mitt Romney. But poll respondents don't have anything to lose when they give their opinions. Gamblers betting on the outcome do, and they give overwhelming odds to one candidate.
Japanese Pachinko Mogul Sues Wynn Resorts in Tokyo
In the latest move in a months-long battle between Japanese pachinko tycoon Kazuo Okada and American casino owner Steve Wynn, Okada has filed a $140 million lawsuit against Wynn, claiming that the actions of his former friend and business partner damaged his company, Universal Entertainment.
Place Your Bets: Which Gambling Hot Spot Now Dwarfs Las Vegas?
If you thought Vegas was where the big gamblers went to play, you're behind the times. Sin City has been blown past by another exotic destination once infamous for corruption and mob activity. But you probably won't be heading there to play baccarat any time soon.
Leveraged Buyout Trailblazer Ted Forstmann Dead at 71
Theodore J. "Ted" Forstmann died on Sunday from complications related to brain cancer. The private equity pioneer's firm, Forstmann Little & Co., was one of the first to engage in leveraged buyouts -- using borrowed money to buy companies.
Poker Champ Pays No Taxes on $8.7 Million
There's Herman Cain's 9-9-9 Plan. There's the Buffett Rule. But Pius Heinz's All for Me deal is our favorite. Heinz recently won the World Series of Poker in Las Vegas, earning $8,715,636 -- tax-free.
How to Bet the Horses and Win on a Budget
You don't need to pony up a lot of cash for a victorious day at the track. Just ride these tips from Dave Litfin of the Daily Racing Form and Andy Serling of the New York Racing Association.