Casino mogul Steve Wynn informed this week that Lloyd’s of London had made him an offer to settle his $54 million claim of lost value for a Picasso canvas after Wynn accidentally made a hole in it with his elbow.

Harrah's Entertainment agreed to a consider a $90-a-share bid from Apollo Management and Texas Pacific Group. The deal is the end of more than two months of negotiations between Harrah's and the private equity groups.

Johnson is investing $100 million in a waterfront casino along the Delaware River in Philadelphia.

This week, Rhode Island voters rejected a proposal that would have allowed Harrah’s Entertainment Inc., and the Narragansett Indian Tribe to build a casino in West Warwick.

Steve Wynn was at his office showing to some friends the Picasso canvas he just sold to another collector when he accidentally gave “The Dream” an elbow.

Other Asian countries could see the monetary advantage of building casinos after Singapore boosted on casinos and build entertainment complexes in the next years, according to a top executive of Las Vegas Sands corp.

James Bond is afraid of heights, or at least Daniel Craig is. The 38-year-old actor confessed his fear when confronted to a scene that involved a 60-meter-high crane.

From January to May, bets increased 25,5% in gambling parlors and casinos compared to the same period of time in 2005. A total of $61,872 millions were spent on bets.

Professor Peter Collins, director of the center for the study of bets and commercial gambling in the University of Stanford, has recently suggested to the government’s Casinos Consulting Panel that they should allow the building of eleven Las Vegas-style casinos...

Pinnacle Entertainment recently announced the opening of the first and only casino located on the beautiful island of Great Exuma. The casino is next to the Four Seasons Resort Great Exuma.