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Focus United Arab Emirates

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Finance

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PAGCOR to lower rates for electronic games operators from April 1

Macau daily GGR reaches US$78m in second week of March

Analysts expect gross gaming revenue to reach MOP10.5bn.

Financial graphic

New Zealand IRD estimates lower revenue from online gambling tax plan

Philippine government’s share of PAGCOR 2023 income below pre-pandemic levels

In 2023, the national government received PHP33.85bn from PAGCOR.

Chinese lottery sales hit US$8.1bn in January

Sales of lottery tickets increased by 73.3 per cent year-on-year.

Morgan Stanley lowers Macau GGR forecast for March

Morgan Stanley says Macau casino revenue fell short of expectations in February.

SJM posts net gaming revenue of US$2.5bn for 2023

Net gaming revenue was up 230 per cent when compared to the previous year.

LeoVegas considers bond issue to finance expansion

IMF expects Macau GDP to rise 13.9% in 2024

Bloomberry Resorts Corporation.

Bloomberry Resorts posts net income of US$170m for 2023

Grand Korea Leisure casino sales up 71.9% in February

Grand Korea Leisure posted casino sales of KRW33.68bn (US$25.3m).

Jeju Dream Tower posts casino sales of US$17.99m for February

Casino sales were up 538.3 per cent year-on-year.

Macau GDP up 80.5% in 2023

The irse was fueled by tourism and gaming.

Paradise Co casino revenue up 10.5% in February

Casino revenue was KRW81.28bn (US$61.07m).

Shin Hwa World expects to post loss for 2023

Shin Hwa World expects to record a consolidated net loss of approximately HK$450m

Macau GGR up 79.1% in February

February’s GGR was MOP18.49bn (US$2.29bn).

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Focus Gaming News is a media group that produces a daily online newspaper aimed at international gaming executives. This communication tool is visited by more than 140,000 monthly readers around the world and delivers up-to-date news from the gaming and iGaming businesses. Focus Gaming News also releases a daily newsletter and it is received by more than 35,000 subscribers. It features news on regulation, legislation, sports betting and online and land-based gaming, as well as reports on the latest products and trends, interviews with key specialists, and more. There are also Focus Gaming News, Focus Africa, Focus Latin America, Focus Brasil and Focus UAE – five daily releases focusing exclusively on these specific markets.