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Finance

Check the latest Finance news

10/03/16

Texas Lottery sets record breaking year

The Texas Lottery became the largest single contributor of funds to the southern sate.

10/03/16

France finalised an online poker liquidity sharing deal

The deal was made to help boost France’s declining online gambling industry.

09/28/16

Caesars managed to reach restructuring deal with its major creditors

Caesars Entertainment Corp. and representatives of its largest creditor groups were able to stuck a deal to fund a reorganisation of the group’s bankrupt operating unit.

09/23/16

Caesars shares jumped 20 percent

Caesars Entertainment financial status recovers balance after bankruptcy preliminary deal.

09/23/16

Entertainment City keeps growing

The Philippine Las Vegas-style gaming hub noted a continuous increment in casino revenues.

09/21/16

Novomatic releases corporate bond

Novomatic will launch US$558 million on company’s bond.

09/15/16

AC casinos revenues are worse

The online gambling sector in New Jersey improved the industry’s situation during the crisis.

09/02/16

Online gaming, a winner in Denmark

Spillemyndigheden, the National Gaming Organisation, shared the industry’s results for the second quarter.

08/18/16

Ongpin donated 49 percent PhilWeb’s stake to Pagcor

Roberto V. Ongpin has cancelled the auction of his 53.76-percent stake in PhilWeb Corp. donating the bulk of it to state-owned Philippine Amusement and Gaming Corp.

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.

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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.