Scientific Games plans to pay about $3.3 billion to buy Bally Technologies in a deal that would combine makers of gambling equipment ranging from slot machines to instant-win lottery games.
The EU said Monday it wanted tighter rules to regulate the fast developing online gambling industry in an effort to better protect minors and coordinate a huge but fragmented market.
China's Internet giants and insurance companies are finding ever more innovative ways to get around the country's strict betting laws and reap a payout as fans wager billions on the World Cup.
VTT Technical Research Centre of Finland has been developing an advanced tracking system based on depth cameras that provides accurate information on how people move about and behave in various spaces. The system can be applied, ...
The casino industry's main lobbying group has quietly ended its efforts to legalize online gambling as its members stake starkly different positions on the matter.
Morgan Stanley lowered its estimate of the U.S. Internet gambling market on Tuesday to $3.5 billion by 2017, down from a previous forecast of $5 billion.
Environmental group Greenpeace on Wednesday accused US consumer goods giant Procter & Gamble of being responsible for the destruction of Indonesian rainforests and the habitat of endangered orangutans and tigers.
Many experts believe online wagering is the future of gambling, but the casino industry is increasingly divided on the issue.
At least 10 U.S. states are considering bills to legalize or expand Internet gambling this year, according to a group that tracks gambling-related legislation worldwide.
Gambling technology and sports betting company Cantor Gaming is getting a new name.