Edit: Due to the fact that this article is old, the installation instructions may not work anymore. In order to successfully install the latest version of Wine, please access the wine tag and open the latest article (the one on top).

The latest installation instructions for Wine
Hello Linux Geeksters. As you may know, Wine is a popular emulator for installing Windows programs on Linux and Mac OS X. The latest version available is Wine 1.7.2, which comes with improvements and fixes.
In this article I will show you how to install Wine 1.7.2 on Fedora 19, Fedora 18, Fedora 17 and CentOS 6.
There is no Wine repository available for the Fedora and CentOS so we have to download the tar archive and install it by hand. Follow the instructions for your system’s architecture, in order to get a successful installation.
How to install Wine 1.7.2 on 32 bit Fedora and CentOS systems:
Install the dependencies first:
$ sudo yum -y groupinstall 'Development Tools'
$ sudo yum -y install libX11-devel freetype-devel
Download Wine 1.7.2:
$ wget -c http://citylan.dl.sourceforge.net/project/wine/Source/wine-1.7.2.tar.bz2
Extract the archive and cd into it:
$ tar -xvf wine-1.7.2.tar.bz2
$ cd wine-1.7.2/
Install Wine 1.7.2:
$ ./tools/wineinstall
How to install Wine 1.7.2 on 64 bit Fedora and CentOS systems:
Install the dependencies first:
$ sudo yum groupinstall 'Development Tools'
$ sudo yum install libX11-devel freetype-devel
Download Wine 1.7.2:
$ wget -c http://citylan.dl.sourceforge.net/project/wine/Source/wine-1.7.2.tar.bz2
Extract the archive and cd into it:
$ tar -xvf wine-1.7.2.tar.bz2
$ cd wine-1.7.2/
Install Wine 1.7.2:
$ $ ./configure --enable-win64
$ make
$ sudo make install