The Nevada Democratic Senator is trying to introduce legislation that would legalize online poker gambling. Advocates say Congress's lame-duck session could provide an opening for the bill, while opponents put its chances at slim to none.

In California and Michigan, welfare recipients use their Electronic Benefit Transfer cards to withdraw the funds from ATM machines in casinos. If they proceed to roll the dice with the money, wouldn't this be state-backed gambling?

Pool clubs have become ubiquitous in Las Vegas. With dance-floor-packing DJs and islands adorned with stripper poles, they're the daytime versions of Sin City's famously profitable nightclubs. And, they can generate $1 million a week.

As the World Series of Poker advances to the November Nine, online poker sites are betting on the players. Sponsorships are in such high demand that one agent called the process of signing players this year "World War III." Why has this become such a high-stakes sport for sponsors?

The bond-trading specialist is taking bets and setting odds for the new M Resort Spa & Casino. But instead of simply handicapping games and accepting wagers, Cantor's tech-savvy braintrust has turned betting into something more akin to trading.

Freshly sprung from a minimum-security prison after completing most of a four-year sentence for fraud, tax evasion, and bribing public officials, former lobbyist Jack Abramoff now lives in a halfway house and toils in the back office at Tov Pizza, a kosher pizzeria in Baltimore.

The U.S. casino gaming market is finally improving, according to a recently released report from Moody's Investor Services. After more than two years of negative outlooks, Moody's has changed its view to neutral and recognizes "signs [that the] industry has bottomed out."

In spite of the fact that Connecticut's Mohegan Indian tribe's Mohegan Sun Casino ranks among the most successful gambling operations on the East Coast, the USDA granted it a $54 million loan.

The Fertitta family is battling to salvage parts of their company as unsecured lenders scramble to recoup some of the $2.3 billion they had put into the company -- when the Las Vegas scene looked far more promising.

On Tuesday, the Unlawful Internet Gambling Enforcement Act will go into effect, prohibiting financial institutions from transferring funds to so-called "unlawful Internet gambling" sites.