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Finance

Check the latest Finance news

01/23/18

Gambling ads pay off to Swedish media

Online gambling advertising paid huge dividends to Swedish media outlets despite regulatory efforts to reduce the activity.

01/23/18

Macau relies on VIP sector

Macau casino revenue recovers from a two-year crisis and starts to grow thanks to the VIP sector.

01/22/18

SafeCharge to announce good 2017 performance

Payment technologies specialist SafeCharge announces it expects to hit financial targets for 2017 when yearly results are released.

01/22/18

Mississippi casino revenue drops in 2017

During 2017, Mississippi casinos experienced a US$40 million revenue drop to US$2.08 billion – 2 per cent less than 2016.

01/22/18

Goa casino market faces major growth

According to brokerage Union Gaming, casino gaming revenue is set to break the €800 million in the next few years after moving to land.

01/22/18

Massachusetts’ budget depends on gaming

This week the government of Massachusetts will start planning the state’s budget.

01/19/18

iGaming brings high expectations in New Jersey

New Jersey online gaming industry is expected to rapidly grown throughout this year’s operations.

01/19/18

Casinos increase Hong Kong’s fortune

Macau casinos have boosted the fortune of Hong Kong’s businessmen.

01/18/18

Pennsylvania casinos set revenue record

Despite the continuous decline of slots revenue, Pennsylvania casinos overall return set a new record at US$3.22 billion in 2017.

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.

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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.