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Focus Gaming News | Finance

Finance

Check the latest Finance news

04/26/18

Lottery sales bounce back in China

After a 9.4 per cent drop in February, lottery sales in China rose 5.9 per cent in March to €5.1 billion and boosted first-quarter results.

04/25/18

Kambi Group published its Q1 2018 results

Kambi experienced a strong financial performance with a 15 per cent year-on-year revenue growth during the first quarter of 2018.

04/24/18

Legalised gambling boosts public coffers in Greece

The gambling monopoly from Greece reported that turnover from VLTs increased to US$1.2 billion.

04/24/18

OLG makes fourth-quarter payment to hosting city

The Canadian company contributed US$250 million to the province of Ontario for hosting its casinos.

04/24/18

PhilWeb’s revenue grows 236 pct in 18Q1

The game technology provider ended a two-year losing streak after recording a massive 236 per cent revenue growth in the first quarter of 2018.

04/24/18

Tax raise worries the Panamanian industry

A 5.5 per cent consumption tax on the gambling industry continues to corner local casinos and raise objections by different bodies.

04/24/18

iGaming market to reach €45bn by 2020

According to online statistics portal Statista, the global iGaming market is set to be worth over €45.5 billion by 2020.

04/19/18

Online casinos drive gambling market growth in Denmark

The 2017 annual report revealed that online casinos saw a revenue increase of 15.6 per cent to US$300 million.

04/18/18

Pennsylvania’s gaming revenue tops $300 million

The overall casino gaming revenue was 3.8 per cent up in Pennsylvania during March operations.

04/18/18

NJ’s online gaming smashes revenue record

The online gaming market in New Jersey broke its revenue record for the third consecutive month.

04/17/18

Cherry AB publishes revenue 

Cherry’s first quarter 2018’s revenues and EBITDA were better than anticipated.

04/17/18

Revenues rise in Connecticut tribal casinos

Tribal casinos in the Constitution State reported a hike in slot revenues during March’s operations.

04/17/18

Casino winnings up in Louisiana

The state’s 15 gambling facilities generated an 8.5 per cent gain to US$255 million during March.

04/16/18

Detroit casinos post record revenue in March

According to the MGCB, casinos in Detroit posted revenues 5.7 per cent higher year-on-year and reached a record US$138.6 million in March.

04/16/18

South Korea gaming revenue grows

South Korean foreigners-only casinos have improved their financial performance.

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