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Focus Gaming News | Finance

Finance

Check the latest Finance news

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.

07/16/18

PhilWeb posts impressive results during 18H1

The Philippines company reported a 175 per cent increase in revenue during the first six months of 2018.

07/13/18

Casino revenue rises in Detroit

June operations show that revenue at Detroit casinos increased 5.3 per cent from a year ago.

07/13/18

Kansas Lottery reports fiscal year results

The lottery nearly matched the all-time combined transfer record during the fiscal year 2018.

07/13/18

New Jersey reports first two weeks of sports betting ops

Businesses around the state reported US$16 million in sports betting bets during the first two weeks of operations.

07/12/18

Indiana publishes casino reports

Northwest Indiana’s casinos released their latest financial reports.

07/11/18

Horseshoe Casino Baltimore continues to grow

The casino’s revenue grew 3.3 per cent year-on-year last June and continued the upward trend seen in May.

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