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Focus Gaming News | Finance

Finance

Check the latest Finance news

07/30/18

Pennsylvanian casinos struggle during H1

Despite positive statewide results, both the Mohegan Sun Pocono and the Mount Airy Casino Resort failed to keep up and saw revenue drops.

07/30/18

Melco to lead market in Macau

The company is expected to be the biggest share gainer in Macau during the second half of the year.

07/27/18

Olympic posts 2.2pct revenue increase

During the first six months of 2018, Olympic Entertainment saw its revenue increase 2.2 per cent year-on-year to €106.6 million.

07/27/18

Paradise Entertainment expects profit increase

The casino equipment maker has issued a “positive profit alert” for the first half of 2018 after posting good results for the period.

07/27/18

Las Vegas Sands reports Q2 results

The company increased its consolidated net revenue by 6.2 per cent to US$3.3 billion in Q2.

07/27/18

Penn National reports revenue growth

The Pennsylvania-based company delivered net revenues of US$826.9 million in the second quarter.

07/24/18

EBITDA forecast reduced for MGM China

Morgan Stanley has cut the EBITDA forecast for the casino company by 12 per cent.

07/24/18

Casino revenue falls in Mississippi

After two months of strong increases, revenue from casinos fell three per cent in Mississippi.

07/24/18

Lottery revenue drop hits good cause funding in the UK

According to the UKGC, grants committed to by the Big Lottery Fund fell by nearly £200 million in 2017 due to a National Lottery sales drop.

07/24/18

GGR to grow up to 13 pct in Macau during July

According to Bernstein Research, GGR in Macau is on track to post an 11-13 per cent growth during July.

07/23/18

Svenska Spel’s digital division revenue 20 pct up

The Swedish online gambling monopoly reported its second-quarter revenue results.

07/23/18

Tax revenue increases 18.9 pct in Macau

The government revealed that direct taxes from gaming amounted to US$6.65 billion during the first half of 2018.

07/20/18

New Jersey’s iGaming posts solid numbers in June

The online segment had a strong month across the board but remained unremarkable as it wasn’t as good as recent months.

07/18/18

Combined revenue reaches all-time high in Pennsylvania

The state regulator released the 2017-2018 state fiscal year results, which show impressive numbers.

07/17/18

Macau’s 2Q VIP GGR post slowest growth since 2016

Gross gaming revenue in Macau’s VIP segment expanded only 14.4 per cent during the second quarter to US$5.13 billion.

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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.