online gambling

The severity of America's gambling addiction isn't too far behind the nation's drug problem, and it's growing. In 2007, Americans lost more than $92 billion gambling, almost 10 times more than what U.S. moviegoers spent on tickets -- and about nine times what they lost 15 years earlier.

The federal government has more or less successfully kept online gambling out of the U.S. by making it illegal for banks to process credit card payments for online gaming across state lines. Now, however, state budget shortfalls have caused some states to consider allowing online gambling, limited...

Imagine this: you're sitting in a boring presentation, and see a man in the row in front of you with his iPhone in his lap, playing blackjack online. As you watch, he wins a hand and $20 in real money. This is the dream of the mobile gambling industry, a dream that a new white paper by research...

With casinos sprouting like kudzu across the U.S., many states are looking to gaming taxes to help fill the hole poked in their budgets by the recession. Now, the federal government has raised the stakes by taking the first step toward legalizing online gambling. According to Bloomberg...

Full Tilt Poker and high-profile players Howard Lederer and Chris Ferguson are under investigation. The move represents a stepped-up federal stance against online gambling in the U.S., but will it ultimately accomplish anything?

Billionaire Mort Zuckerman has been the publisher and owner of the New York Daily News since the early 1990's and heads up U.S. News and World Report, so when he suggests how the U.S. newspaper industry might be rescued, people listen. They were listening at recent gathering when he suggested that...

At the same time many states are looking to casinos as a way to increase tax revenue, millions of Americans have taken to the internet for their gambling fix. Despite efforts by Congress to stifle this controversial industry by passing a law in 2006 forbidding U.S. banks to transfer funds back and...

Online poker in the U.S., despite regulations against it, has grown in lockstep with cable programs devoted to poker. A new investigation by the Washington Post and the CBS show 60 Minutes revealed how two online sites were hacked, resulting in the scamming of millions of dollars in poker...