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Focus Gaming News | Finance

Finance

Check the latest Finance news

08/30/17

ASF Gold Coast investment faces new hurdle

New restrictions on foreign investment announced by the Chinese government are set to increase uncertainty on ASF Group’s bid for a Gold Coast IR.

08/29/17

Caesars close to exiting bankruptcy

Caesars Entertainment is close to putting an end to its bankruptcy as it only needs approval from Missouri and Louisiana regulators.

08/29/17

New York casinos fall short of projected earnings

The owner of Tioga Downs Casino said that the casino market in upstate New York is saturated.

08/29/17

GGR to stay the same in Macau

Analysts estimate that the Typhoon Hato and Pakhar could cause a weaker GGR result for August but not a permanent impact.

08/29/17

Western Australia could sell TAB

The government of Western Australia is in discussions to sell the state-owned betting agency TAB.

08/28/17

Landing to hit record profit in 17H1

The Hong-Kong based company said that net profit record is expected for the six months ended June 30.

08/28/17

BCLC online gambling posts double digit growth

Authorities revealed that online gambling in British Columbia reached a double digit revenue growth.

08/25/17

Jeju casino promoter raises $35m through bonds

Lotte Tour Development, a promoter for a new casino project on Jeju Island, has raised US$35.4 million via convertible bonds.

08/25/17

Genting Singapore to prioritise mass market

VIP high rollers won’t be Genting Singapore’s primary target anymore as the company aims to attract more mass market players.

08/25/17

New block on gaming payments

The United Bank for Africa has blocked the credit and debit cards payments to gaming services.

08/24/17

Star Casino aims at high-end tourists

The casino operator is targeting well-heeled Asian tourists to compensate the lack of VIP high-rollers.

08/24/17

Ladbrokes Coral rejects GVC takeover bid

The merged company rejected GVC’s attempt to takeover as it disagrees with the value of the offer.

08/23/17

Odawa Casino helps Michigan funds

The tribe in charge of the Michigan casino has contributed with more than US$443k to Emmet County.

08/23/17

NSW pokie pubs made $92m in pre-tax profit

The last financial year brought US$92 million in pre-tax profits for top Sydney pokie pubs.

08/23/17

Atlantic City reports double digit growth

The local gaming regulator revealed that the city achieved double digit growth in gross operating profits.

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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.