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Focus Gaming News | Finance

Finance

Check the latest Finance news

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.

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.

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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.