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Finance

Check the latest Finance news

05/04/17

TransAct reported increases in the first quarter

The company released its first quarter results and reported increases in many areas.

05/03/17

Macau GGR rose 16.3 percent in April

Gross gaming revenue in Macau went up by 16.3 percent year yo year to US$2.5 billion and caused casinos’ stock to rise as well.

05/03/17

Nevada revenue grew in March

Nevada gaming revenue rose 7.45 percent year to year as it reached US$991 million in March, almost US$70 million higher than 2016.

04/28/17

Las Vegas Sands reports good results for Q1

The casino operator reported increases in both net & operating income as well as a raise in the EBITDA measure and revenue.

04/28/17

MGM Resorts first quarter results were off the charts

During the first quarter of 2017, MGM Resorts profits nearly tripled thanks to the National Harbor casino and Atlantic City’s Borgata.

04/28/17

Profit increases for Crane Co in the first quarter

Tech suplier Crane Co reported US$63.1 million in net income, a 14.7 percent jump in comparison to the same period in 2016.

04/27/17

Pagcor increases net incomes during Q1

The state-run gaming corporation announced a 26.5 percent increase in net income revenues during the first quarter of 2017.

04/27/17

Las Vegas keeps losing poker rooms

Monte Carlo poker room has officially closed its doors and now the gambling hub only features 16 in the Strip.

04/26/17

Macau to register better GGR results

After disappointing first week results, Bernstein said that Macau is set to reach improved year-on-year numbers.

04/26/17

US casinos experience revenue fall

A new report revealed that non-tribal casinos in the United States experienced a revenue down.

04/25/17

GGR in Mississippi pulls through

After experiencing a dramatic fall in casino revenues in February, Mississippi recovered with a year-on-year 7.1 percent growth.

04/25/17

Poker revenue grows in Iowa

The state gaming regulator released the March figures that showed that poker revenue increased 3.4 percent in Iowa.

04/25/17

Roulette increases Nevada profits

The local gaming control board revealed that roulette profits were 58 percent up compared to last year results.

04/24/17

China rises its lottery sales

Lottery sales in China grew 6.3 percent last month and reached more than US$5 billion.

04/24/17

Italy moves towards online poker liquidity

The head of the online gaming regulation agency in Italy said that they’ve made significant progress towards a share liquidity.

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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.