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Finance

Check the latest Finance news

12/20/17

Denmark market reports record revenue

The regulated gambling market in Denmark reached a 9.3 percent revenue rise during the third quarter and achieved record figures.

12/20/17

South Korean lottery expects more growth

Lottery operators are expected to increase their annual revenues in South Korea.

12/19/17

GGR expected to increase in Macau

Gross gaming revenue is expected to grow 17 to 19 percent in Macau during December’s operations.

12/19/17

Pennsylvania increases table games revenue

Gross revenue at table games in Pennsylvanian casinos was up 2.8 percent during November.

12/15/17

FanDuel reduces its staff

Several FanDuel employees have been laid off just weeks after the company announced former CEO Nigel Eccles departure.

12/15/17

New Jersey casinos set record-breaking results

New Jersey casinos have shown strong results during November’s online gambling operations.

12/13/17

Casino revenue goes up in northern Nevada

Casinos in northern Nevada reported a year-on-year increase in gross revenue of 3.3 percent during October.

12/13/17

US commercial casinos totaled $3.4b in October

The commercial casino industry in the United States achieved its second worst month of the year in October.

12/13/17

Revenue increases in Northwest Indiana

The five casinos in the territory experienced a modest year-over-year revenue growth last month.

12/13/17

Detroit casinos increase revenue

The three casinos in Detroit increase aggregate revenue by 1.4 percent year-over-year in November.

12/12/17

Event betting VAT-free in Malta

The government announced that event betting will be exempt from value added tax (VAT).

12/12/17

Caesars reveals costs of bankruptcy

Caesars Entertainment’s failed businesses have cost the company US$160 million in legal fees.

12/11/17

Politicians stall poker liquidity sharing in Italy

Whilst sports betting thrives in Italy, shared online poker liquidity is set to be delayed due to unfounded money laundering rumors.

12/06/17

Australian gamblers lost record money

Gambling losses in Australia have reached US$18.3 billion over the last year and an all-time high.

12/06/17

Paradise Co records casino revenue increase

South Korean operator Paradise Co Ltd recorded a 3.9 percent year-on-year increase in its November casino revenue.

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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.