Mobile phones are allowing ordinary Kenyans to try their luck on sports gambling.
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One investor says sports bets could evolve into a different type of asset.
At Albania's betting shops, people could gamble on everything from soccer to the gender of the next royal baby.
The NFL has partnered with casino operator Caesars Entertainment as the league’s first official casino sponsor.
The California Lottery is breaking sales records. This year, revenues will soar to an estimated $6.9 billion. The recent boom has been fueled by a wave of gigantic jackpots. Newer games like Powerball and a $30 scratch ticket offer huge…
Experts caution that widely available and accessible sports betting on mobile phones could lead to an increase in gambling addiction.
Illegal betting is a $150 billion industry. Will it be taxed?