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Finance

Check the latest Finance news

04/02/18

More than $50 million spent at Maine’s casinos

The local gambling authority revealed that gamblers spent US$54.6 million at the state’s two casinos last year.

04/02/18

Macau casinos reach 22 pct revenue gain

Gambling revenue in Macau showed a 22 per cent increase for the month of March.

04/02/18

Lottery sales down 9 pct in China

During February, total sales from official lottery products in China were down 8.9 per cent to €3.3 billion.

04/02/18

Nevada’s income continues to grow

The NGCB revealed income at Nevada’s casinos posted a 7.7 per cent growth as it reached US$1.02 billion in February.

03/28/18

Problem gambling stable in Singapore

Despite an increase in the number of residents who participated in gambling, problem gambling figures remain almost the same since 2005.

03/28/18

Connecticut tribes say revenue agreement could be at risk

The two federally recognised tribes said that the casino revenue-sharing agreements they have in place could be jeopardised with a new bill.

03/28/18

Canada’s gambling revenue increases

The gambling industry in Canada posted a five per cent year-over-year improvement.

03/27/18

Macau GGR, better than expected

Despite original projections, analysts say Macau’s GGR is on the way to reach a 17-19 per cent growth.

03/23/18

Philippine gambling to grow in 2018

According to PAGCOR, gambling is expected to contribute €2.89 billion to Philippines economy in 2018.

03/23/18

Steve Wynn sold a third of his shares of Wynn Resorts

The billionaire sold approximately a third of his shares of Wynn Resorts for about US$740 million.

03/19/18

Tomakomai expects €2.4 billion IR investment

Projections by the Tomakomai municipal authorities expect an IR investment of €1.6-2.4 billion.

03/16/18

PA table game revenue up 11.24 pct in February

Gross revenue from gambling at table games in Pennsylvania casinos was up 11.24 per cent in February to US$73.7 million.

03/15/18

Atlantic City casinos post revenue decrease

February was a poor month for Atlantic City casinos as they posted revenue 6.5 per cent lower year-on-year.

03/14/18

Gambling revenue up 7 pct in Denmark

During the fourth quarter of 2017, Danish gambling revenue was up seven per cent year-on-year.

03/13/18

Macau GGR could be lower than expected

Brokerage Bernstein said in a new research note that GGR could be weaker than expected this month.

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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.