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Finance

Check the latest Finance news

08/28/18

Macau extends exemption to Galaxy and Venetian

The gaming operators have received an extension on their complementary tax on casino gaming profits.

08/27/18

Star Entertainment announces H1 financial results

The Australian company increased its revenues by 15.3 per cent during the first six months of the year.

08/27/18

DC-Baltimore casino market surpasses New York

The region’s market has taken the fourth spot in the US after generating US$1.77 billion in GGR last year.

08/27/18

Casino revenues continue to fall in Greece since 2008

Gamblers in Greece spent €1.58 billion, less than half the €3.18 billion reported by the Hellenic Gaming Commission in 2008.

08/24/18

Macau visitors up 4 pct in July

The city registered 3.03 million visitor arrivals during July, which means a 4 per cent improvement year-on-year.

08/24/18

Greece reports online gambling revenues

According to new reports, the online gambling market in the country has reached the billion euros mark.

08/23/18

Sands China increases profits

The company experienced a rise in adjusted property EBITDA in the first six months of 2018.

08/23/18

AGA shares commercial casinos’ performance

The association revealed that the sector experienced a 3.4 per cent year-on-year increase in revenue last year.

08/22/18

MGM Springfield won’t hurt state lottery

The state treasurer said that the casino that will open its doors on Friday will not harm the Massachusetts Lottery.

08/22/18

Slots benefit the Australian economy

A new study shows that legal slot machines operations benefit the country’s revenues.

08/22/18

Paddy Power Betfair reorganises its financial structure

The gaming company revealed that is set to buy £300 million of previously-sold shares.

08/22/18

Macau GGR on track to be up 15pct in August

According to Sandford C. Bernstein and Nomura, Macau GGR is set to reach around US$3.25 billion by the end of the month.

08/22/18

Lottery and sports betting sales drop in Switzerland

According to the Swiss Federal Office of Justice, lottery and betting turnover fell 6.4 per cent year-on-year during 2017.

08/21/18

Connecticut expected to lose gaming revenue

The casinos in the state are expecting a loss of revenue once MGM Springfield opens its doors.

08/21/18

Melco confirms Studio City IPO

The casino company confirmed its preparations to launch an Initial Public Offering of shares in Studio City.

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Focus Gaming News is a media group that produces a daily digital newspaper aimed at international gaming executives. This communication tool is monthly visited by more than 100,000 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 20,000 subscribers. It features news on land-based casinos, regulation, legislation, sports betting and online gaming, as well as reports on the latest products and trends, interviews with key specialists, and more. There are also Focus Latin America, Focus Brasil, Focus Asia Pacific, Focus Africa and Focus UAE – five daily releases focusing exclusively on these specific markets.