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Finance

Check the latest Finance news

06/27/17

NSW and Victoria push for a nation-wide tax

NSW and Victoria are trying to promote a change in gambling taxation and shift to a nation-wide tax that could increase states and territories budgets.

06/27/17

Macau reports slight GGR drop

Macau financial results perceived a slight decline during last week’s casino activities.

06/26/17

Swiss casinos overturn revenue fall

After eight years of bad revenue results, casinos from Switzerland reported a small increase in their numbers.

06/22/17

Maryland’s market endangered by MGM

The MGM National Harbor has had a major revenue rise while cannibalising the Maryland casino market since its opening in December 2016.

06/22/17

Gamblers spent US$139 million in Malta in 2015

According to a survey by the Malta Gaming Authority, 56 percent of the Maltese population spent approximately US$139 million on gambling activities.

06/22/17

Kenya approves gambling tax hike

The president of Kenya signed a law that approves the rise of gambling taxes from 5 to 35 percent.

06/21/17

Seneca Nation stops casino payments

The tribe is still in dispute with New York state over the payments that casinos make to host cities.

06/21/17

Online gaming helps New Jersey grow

New information revealed that the online gaming industry is helping New Jersey generate revenue.

06/20/17

Italy experiences gambling revenue rise

A new report shows that online casino and sports betting contributed to a 19 percent growth during May.

06/20/17

Macau is positive about June

June casino revenues in Macau would represent the city’s highest financial growth since the recovery.

06/19/17

NY casinos generate less revenue than expected

The three operational casinos in Upstate New York have generated less revenue than the local gambling commission initially expected.

06/19/17

Kenya faces new gambling tax

After rejecting a 50 percent increase in gambling taxes, MPs in Kenya approved a 35 percent rise on gambling companies.

06/19/17

Chairman of Landing Intl could buy all shares

The official from Landing International made an official offer to acquire all the shares in the company that he doesn’t own.

06/15/17

Online gambling up in Atlantic City

New numbers reveal that whilst casino revenue was up in May, online gambling is the biggest force in the city right now.

06/15/17

Greek gambling monopoly posts sales growth

OPAP revealed that during the first quarter of the year revenue grew 5.3 percent to US$603 million.

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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.