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Focus Gaming News | Finance

Finance

Check the latest Finance news

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.

01/05/18

Tanzania’s sports betting sector set for continued growth

In Tanzania, taxes generated from gambling are expected to rise by 18 per cent in Fiscal Year 2017/2018.

01/03/18

Mid-States Poker Tour grows in 2017

The Mid-States Poker Tour posted impressive results in 2017.

01/03/18

Macau revenue rises 19 per cent in 2017

Macau casinos have seen its first revenue hike since 2013 with total revenue amounting to US$33.13 billion in 2017, up by 19 per cent.

01/03/18

Nevada gaming revenue drops in November

Las Vegas Strip casinos saw their revenue drop for second consecutive month.

01/02/18

Poland reopens investigation into gambling tax irregularities

An investigation into gambling tax irregularities that had been closed during the Tusk administration has been reopened.

01/02/18

Macau sees increase in number of visitors

The Chinese enclave witnessed a 9.4% surge in travellers in November, compared to the same period the previous year.

12/22/17

New POC tax changes could hurt Victoria

A possible change in point of consumption taxes is rising concerns around racing officials in Victoria, Australia.

12/21/17

Macau GGR to break records

According to Bloomberg, gross gambling revenue is set to rise 14 percent in 2018 and is likely to break records in 2019.

12/21/17

Tigre de Cristal stake to be sold

One of the investors of the Russian casino Tigre de Cristal announced the selling of his stake.

12/21/17

Poker rooms in Pennsylvania report revenue fall

The 10 poker rooms located in Pennsylvania experienced a slight decrease in revenues in November.

12/21/17

New tax bill benefits the US horse racing industry

The bill that is waiting for Trump’s signature would benefit the horse racing industry as it reduces multiple taxes.

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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.