Eldorado Resorts will buy Caesars in a cash-and-stock deal valued at $17.3 billion, creating a casino giant.

The future of sports betting in Sin City is looking bright as more Nevada companies are expanding and cashing in on the multi-billion dollar industry.

Macau casinos won $3.2 billion from gamblers in May, according to figures from the Gaming Inspection & Coordination Bureau.

The Philippines gaming regulatory agency says its gross revenue has jumped more than 11 percent in the first four months of the year, with income totaling PHP25.09 billion ($482.5 million).

After being renamed from Ocean Resort Casino to Ocean Casino Resort, the Atlantic City casino is now ready go move forward after facing several challenges. The casino is set to return to profitability this month and has reduced its debt already, based on information provided by Eric Matejevich, the interim CEO that is currently managing the property. An ownership transfer is currently taking place, as Luxor Capital is set to be the new owner.

A perennially challenged Atlantic City casino will finally turn a profit this month and chart the way forward under the ownership of a New York hedge fund.

Free drinks. Free buffets. Free hotel stays.

David Schwartz, a UNLV professor who studies the gaming industry, says paid parking on the Strip was always a bad idea.