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Focus Gaming News | Finance

Finance

Check the latest Finance news

07/11/18

Grand Korea Leisure’s revenue up 4 pct in 1H18

During the first half of the year, sales at the South Korean gaming operator rose 4.1 per cent to US$214 million.

07/10/18

Macau EBITDA to drop 6 pct in 2Q18

According to brokerage Morgan Stanley, EBITDA of Macau casinos for the second quarter of the year will be lower than the first.

07/09/18

PA iLottery posts sales of US$21.6 million in June

Online lottery sales in Pennsylvania reached US21.6 million after the segment made its debut on June 4th.

07/04/18

Pennsylvania slots reported revenue growth

Legal casino operations in Pennsylvania have achieved a new growth last month.

07/04/18

Macau results impact on Las Vegas’ shares

Macau’s latest financial report has damaged Wynn Resorts and Las Vegas Sands’ shares.

07/03/18

Nevada reaches $1b in gaming revenue in May

May numbers show that casino winnings increased 9.4 per cent from April and reached a billionaire figure.

07/03/18

Brokerages slam unofficial data providers in Macau

After missing the GGR goal by 7.5 per cent, “channel checks” have been hardly criticised by the investment community in Macau.

07/03/18

Gaming turns €1.1 billion to Malta’s economy

According to the MGA, the gaming segment contributed over €1.1 billion to the Maltese economy in 2017.

07/03/18

Spain reduced gaming taxes

The Parliament of Spain finally decided to pass the 2018 budget with lower taxes for gaming operations.

07/03/18

Kenya keeps debating the taxing regulation

Kenya increased gaming taxes from 7.5 per cent to 35, and now they could reduce them again.

07/02/18

Macau casino revenue increases 12.5 pct in June

The growth during last month’s operations was driven by a solid demand from Chinese gamblers.

06/29/18

Denmark’s online casino revenue rises in Q1

The gambling industry increased revenues during the first quarter of the year, driven by a good online casino performance.

06/26/18

Kenya pushes for review on gambling taxes

The parliament has unveiled new plans to lower taxes for online sports betting operators.

06/25/18

China’s sports lottery blooms around the World Cup

The 2018 FIFA World Cup has brought China’s Sports Lottery sales to a 126 per cent increase in comparison to the previous one.

06/25/18

Macau’s GGR to grow 20 pct in June

Morgan Stanley released a note and forecasted a 20 per cent increase in Macau’s GGR by the end of June.

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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.