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Finance

Check the latest Finance news

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.

08/16/18

Great Canadian Gaming increases revenue

The company increased its revenue by 90 per cent during the second quarter of the year.

08/16/18

Connecticut casinos experience revenue fall

The casinos reported year-over-year declines in slot machine revenue in July.

08/16/18

Slot machines grow in New Zealand

“Pokie” machines – as slot machines are regionally known – reported positive results in the country.

08/15/18

Casino revenue up in Detroit

The three casinos in the state reported a 0.3 per cent year-on-year increase in revenue in July.

08/15/18

Galaxy Gaming reports Q2 results

The company increased revenues by 24 per cent during the second quarter of 2018.

08/15/18

Atlantic City casinos increase revenue in July

The casinos in the state improved their revenues by 11.9 per cent during last month’s operations.

08/14/18

Arkansas shares casino revenue projections

The state has released its estimations for the next three years if casinos get legalised.

08/14/18

The Stars Group increases revenue in Q2

The Canadian company earned US$411.5 million during the three month period ended June 30th.

08/14/18

Japanese lottery sales continue to drop

Takarakuji lottery ticket sales have dropped for the second year straight as they reached US$7.1 billion in the fiscal year 2017.

08/13/18

Macau on track to be richest place in the world

According to Bloomberg, Macau will dethrone Qatar and become the richest place on earth by 2020.

08/10/18

MGE posts poor results during the 3Q of its fiscal year

Mohegan Gaming & Entertainment reported its third quarter results and announced an overall decline from last year’s same period.

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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 Asia Pacific, Focus Africa, Focus Latin America, Focus Brasil and Focus UAE – five daily releases focusing exclusively on these specific markets.