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Focus Gaming News | Finance

Finance

Check the latest Finance news

08/18/16

MGM increases its stake in its Macau division

The US casino operator has agreed to increase its stake from 51 percent to 56 percent through the purchase of shares from Grand Paradise Macau.

08/03/16

Caesars’ shares spike after extending higher offer to junior creditors

The casino operator rose the most in five months after increasing its offer to junior creditors in the bankruptcy of its largest unit.

08/03/16

Red Rock Resorts’ assets grow

Merely three months after its IPO, Red Rock Resorts declared its first ever cash dividend of US$0.10 per Class A common share for the third quarter of 2016.

08/03/16

Gaming Realms raises €2.98 million

The online gaming company raises £2.5 million (€2.98 million) through admission of 12.5 million shares.

07/26/16

Las Vegas Sands profit falls 30 percent

Las Vegas Sands Corp. revealed earnings for the second quarter that showed a decline compared to the same period last year.

07/26/16

Record growth for tribal casinos

Native American owned and operated gaming facilities experienced their largest growth in revenue in a decade, according to figures released by the National Indian Gaming Commission.

07/14/16

Macau experienced its worst quarter in years

The biggest casino hub across the world has ended its worst quarter since 2011.

07/14/16

June marked a drop in Atlantic City’s revenues

New Jersey’s gaming hub had experienced a continued growth on its casino incomes earlier this year.

07/12/16

Caesars merger set amendments

Caesars Acquisition shareholders will receive 27 percent of the merged entity instead of 38 percent.

07/04/16

June’s casino revenue drops 8.5 percent in Macau

Macau’s Gaming Inspection and Coordination Bureau posted the results of the gambling hub’s financial performance in June.

06/23/16

German bonds fell upon UE referendum bets

German government bonds saw a decline as traders followed signals from betting odds that Britain will vote to remain in the European Union in Thursday’s referendum.

06/22/16

Caesars Entertainment strikes another deal with debtors

The casino operator announced it has reached an agreement with senior lenders to restructure the company’s debt.

06/21/16

Golden Entertainment will pay US$23.5 million dividend

Las Vegas-based Golden Entertainment announced it will pay a special cash dividend to investors next month.

06/14/16

Italy releases online gambling results for May 2016

The Italian online gambling industry grew significantly in May 2016 showing an impressive 30.3 percent revenue increase.

06/09/16

SIGA casinos releases 2015-2016 annual report

The Saskatchewan Indian Gaming Authority announced 5th year in a row with profit exceeding CAD 80 million (US$62.7 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.