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Finance

Check the latest Finance news

08/31/17

Nevada casinos report $1b revenue in July

The local gaming regulator revealed that statewide casino gaming revenue declined 1.7 percent.

08/31/17

New Hampshire lottery could hurt Massachusetts

Lottery officials of the Bay State gathered this week to discuss the potential harm of New Hampshire’s proposed online lottery.

08/30/17

Italy increases gross gaming revenues

As gross gaming revenues increased month-to-month, market share is changing significantly in Italy.

08/30/17

Imperial Pacific increases net profit

The casino operator from Saipan saw net profit rise 8.9 percent during the first half of the year.

08/30/17

Mississippi casinos report further growth

Last month’s gaming operations ended with positive results for Mississippi Gulf Coast casinos.

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.

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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.