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Finance

Check the latest Finance news

08/07/17

Crown increases its net profits

The casino company from Australia informed that the sale of its Melco stake helped achieve a net profit increase.

08/07/17

Pagcor lowers GGR forecasts

The gaming regulator from the Philippines reduced its estimations for the 2017 gross gaming revenue.

08/04/17

Pennsylvania poker room take rose six percent

Poker tables within the Pennsylvania casino industry took in US$4.67 million, raising six percent year-to-year.

08/04/17

Arizona casinos to give away unclaimed jackpots

Several nonprofit organisations will be awarded unclaimed jackpots from the chain of Arizona casinos Gila River Gaming Enterprises.

08/03/17

Federations against tax hike in Kenya

Entities who are benefited from gambling firms in Kenya will push to stop the government’s 35 percent tax hike.

08/02/17

Macau celebrates a year of growth

Macau’s casino industry has been experiencing good results for a year, as the last economic crisis was reported in early 2016.

08/02/17

Online gambling in Portugal takes step backwards

The struggle that local operators face to get new customers impacted on Portugal’s online gambling second quarter results.

07/31/17

Suncity would acquire Hoi An stake

Suncity Group Holdings wants to acquire 34 percent of Hoi An casino stake.

07/31/17

Silver Heritage completes Nepal funding

The company said that it raised the necessary funds to complete the upcoming Nepal casino.

07/28/17

Casino win 2.9 pct up in Nevada

The local control board released the 12-month totals that marked the end of the 2016-17 fiscal year.

07/28/17

Lottery would fund Tokyo Olympics

Tokyo lottery revenue could be partly destined to funding 2020 Tokyo Olympics and Paralympics.

07/28/17

Sands China grows along with Macau economy

Sands China reports record-breaking growth in the second quarter of 2017.

07/27/17

Indian gaming helps Oklahoma

The local Indian gaming association revealed that rural areas in the state are getting benefits from the industry.

07/27/17

Japan to set lower GGR levies than Macau

Concerns on GGR levies’ rate for integrated resorts in Japan seem to be settled as the central government estimates them to be at 25 percent.

07/27/17

Wynn Macau casinos underperformed in Q2

Even with total casino revenue improving in Q2 2017, Wynn’s casinos in Macau performed below average in the mass market operations.

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Focus Gaming News is a media group that produces a daily digital newspaper aimed at international gaming executives. This communication tool is monthly visited by more than 100,000 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 20,000 subscribers. It features news on land-based casinos, regulation, legislation, sports betting and online 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.