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Finance

Check the latest Finance news

05/17/18

Gambling activity increases in Czech Republic

Approximately €1.5 billion was spent by local citizens on gambling in 2017, half a billion more than the previous year.

05/16/18

Casino revenue up in Atlantic City

Gambling revenue increased by 1.3 per cent in New Jersey’s gambling hub during April operations.

05/14/18

Victoria considers low taxes for online bookies

The state could introduce a new tax on digital betting companies at half the rate of other states.

05/14/18

Online sports betting activity rose in Italy

While online operators reported good results during April operations, retail betting decreased 8 per cent.

05/14/18

Portugal’s online gambling market grows in Q1

Online gambling operators generated €33.8 million in revenue during the first quarter of the year.

05/14/18

Codere posts 5.4 pct revenue drop during 1Q

The Spanish multinational posted revenue of €382 million during the first quarter, 5.4 per cent lower year-on-year.

05/11/18

Online gambling sales increase in Finland

The state gambling monopoly reported that digital revenue improved 10 per cent year-on-year during the first quarter of 2018.

05/10/18

Bloomberry Resorts’ profits rise 72.7 pct in 1Q18

During the first quarter, Bloomberry Resorts Corp posted profit 72.7 per cent higher year-on-year after reaching €59.9 million.

05/10/18

Macau to continue growing path

Morgan Stanley Asia forecasted that Macau’s gaming market is on track to continue growing as it has been since mid-2016.

05/10/18

Turkish gaming sector reaches $700 million

The gaming sector in the Eurasian country is aiming to reach the US$1 billion mark this year.

05/09/18

Tribal casinos thrive in Arizona

The state of Arizona has seen an increase of money from tribal gaming for the fifth straight quarter, the Arizona Department of Gaming says.

05/09/18

MGM Springfield to bring first poker room

A new casino poker room under MGM’s brand will be inaugurated in Massachusetts on August 24th.

05/09/18

April casino revenue up 2.5 pct in Detroit

The Michigan Gaming Control Board announced that the casino industry posted a US$124 million revenue, up 2.5 per cent year-on-year.

05/09/18

MGM Cotai boosts company’s finances

MGM’s brand in China has reported a four per cent growth since the facility opened its doors in Macau.

05/08/18

Cleveland casino posts negative record revenue

Jack Cleveland Casino was the only gaming venue in Ohio to show a year-on-year revenue decline during April.

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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.