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Finance

Check the latest Finance news

08/22/17

Gaming grows in Italy

Ministry of Economy data revealed that the Italian gaming market has experienced optimistic growth in the last decade.

08/22/17

Macau’s August GGR gets reviewed

Monthly estimates for gross gaming revenue in Macau have been reviewed by analysts after the most recent week.

08/22/17

Nepal project gets additional financing

Silver Heritage secured through a subsidiary US$5 million more to finance the upcoming Nepal casino project.

08/22/17

India’s operators urge tax review

A possible increase of 28 percent in Goods and Services Tax (GST) concerns India’s operators.

08/21/17

MGM to experience EBITDA growth in Macau

The casino operator could see the highest EBITDA growth in the Macau market in 2018, Morgan Stanley said.

08/21/17

New York reports poker room results

The three commercial casinos in New York totaled US$764k from poker rooms in July.

08/18/17

Poker market unchanged in Atlantic City

Revenue from live poker tables was US$3.01 million in July, almost the same number registered in 2016.

08/18/17

The Okada Manila presents healthy competition

Despite local industry’s fears, the Okada Manila hasn’t cannibalised other local IR’s gaming revenues so far.

08/16/17

Macau’s August GGR likely to increase

Brokerages estimate that gross gaming revenue in Macau is likely to grow 22 percent in August.

08/15/17

Resorts World Manila reports losses

The casino that suffered a deadly attack in June reported millionaire losses for the second quarter of the year.

08/15/17

Detroit casinos experience revenue rise

The local gaming control board revealed that monthly aggregate revenue increased year-on-year.

08/15/17

Casino revenue drops in Atlantic City

Whilst gaming revenues fell 2.7 percent, without Taj Mahal in the equation the remaining seven facilities continued the winning strike.

08/15/17

Seneca Nation to cost Livingston County $350k

The dispute between the New York State and the Seneca Nation could cost Livingston County US$350k in revenue-sharing payments.

08/14/17

Philippines removed from AML monitoring

The Asian country received a nod from the APG, supported by international entities, after it adopted AML measures on casinos.

08/14/17

FanDuel sets new plans

FanDuel decided to rise investors’ equity after the merger plans with DraftKings were dismissed.

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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.