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Finance

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06/30/17

Macau sports betting operator sees revenue fall

The city’s only sports betting operator has reported bad results for full-year 2016.

06/30/17

Illinois cancels lottery games

Illinois authorities have decided to cancel two lottery games as the state is currently under a budget crisis.

06/30/17

Nevada releases May results

Nevada has shared last month’s results of online and land-based gaming operations.

06/29/17

State-owned Canadian lottery increases revenue

Loto-Québec reported a record number of lottery prize payouts in the fiscal 2017.

06/29/17

Portugal gamblers want to lessen tax rate

ANAon said that a petition would be presented in Portugal in order to ask the government to lower online gambling tax rates.

06/29/17

RWM incident to lower Pagcor’s revenue

After the shooting inside Resorts World Manila, the local gaming corporation is expecting a revenue loss.

06/28/17

Hard Rock sells stake in Cyprus casino

After signing the contract for the first casino project in Cyprus, Hard Rock announced that it will sell its stake to Melco.

06/28/17

Hollywood Casino suffers after MGM opening

Whilst year-on-year revenue seems to be up in June, the Maryland casino has been experiencing a series of bad results.

06/28/17

Lottery sales grow in China

May saw a year-on-year 9 percent increase in lottery sales in Mainland China.

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.

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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.