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Focus Gaming News | Finance

Finance

Check the latest Finance news

01/17/18

Delta Corp profit sees major jump

During the third quarter of FY17, Delta Corp recorded a 300 per cent increase in its net profit as it reached about € 5.7 million.

01/16/18

Macau’s January GGR set to make huge recovery

Brokerage Sanford C. Bernstein revealed Macau’s January GGR will recover and reach its highest figures since July.

01/16/18

Atlantic City revenue goes up after a decade

According to the New Jersey Division of Gaming Enforcement, casino revenue at Atlantic City rose by 0.3 per cent to US$2.41 billion.

01/16/18

Las Vegas casinos’ income grew 191%

Income at Las Vegas Strip casinos with an annual GGR of more than U$1 million recorded a 191.4 per cent increase in the fiscal year to June 30.

01/15/18

PAGCOR’s GGR grew 9 per cent in 2017

According to PAGCOR’s CEO Andrea Domingo, the regulator/operator’s gross gaming revenue grew by 9 per cent thanks to business with nearby countries.

01/15/18

Bernstein makes top picks for 2018

According to the brokerage, Melco and Wynn are the top picks for 2018 as they are set to outperform the Macau competition.

01/12/18

GVC Holdings expects to see growth in 2017

GVC Holdings has forecast a 13 per cent year-on-year growth in net gaming revenue for 2017.

01/12/18

Macau VIP growth to slow down in 2H

According to brokerage Sanford C. Bernstein, the VIP gambling sector will slow down in Macau during the second half of the year.

01/12/18

Online betting revenue grows 60 per cent in Italy

During 2017, Italy recorded a 60 per cent increase in the online betting segment and reached a record €9.9 billion figure.

01/09/18

Pennsylvania slot machine revenue up in December

Slot machine revenue at the state’s twelve casinos increased by 1.2 per cent in December, but was down 1 per cent for 2017.

01/09/18

Macau: January’s GGR running behind 2017

According to Bernstein, GGR in Macau so far in January has been lower than it was one year ago but expects it to recover by the end of the month.

01/08/18

RGB expecting 2017 net profit growth

The 2017 turnover growth of electronic gaming machine supplier RGB International Bhd is expected to grow by 10.38 million euros in 2017.

01/08/18

Macau GGR to grow 11 per cent in 2018

According to Deutsche Bank Securities Inc., Macau’s GGR is set to grow by 11.3 per cent year-on-year during 2018.

01/05/18

Okada Manila to boost Philippines casino industry

According to Morgan Stanley Asia, the Okada Manila casino resort will help expand the casino industry’s GGR in the Philippines.

01/05/18

Atlantic City operators optimistic on 2018 growth

Casino operators have voiced their optimism about AC’s casino finances in 2018 and the upcoming years.

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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.