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.
Organizations and advocates on all sides of the online gambling debate are cheering a Congressional hearing on the state of online gambling.
New Jersey gambling regulators gave six casinos the green light to offer Internet gambling statewide on Monday.
Would-be gamblers from at least 23 states tried to log onto casino gambling websites in the first night of New Jersey's test of online betting.
New Jersey has begun a five-day test of its new Internet gambling systems to shake out any bugs before the anticipated statewide launch next week.
New Jersey is allowing adults in the state to click a mouse or swipe a screen for a chance to win money, making it only the third state to offer online gambling.