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Finance

Check the latest Finance news

05/13/21

Better Collective sees revenue rise 77% after Atemi acquisition

Affiliate group Better Collective has reported a 77 per cent increase in revenue for Q1 following its acquisition of Atemi.

05/12/21

Detroit casino revenue dips in April

Detroit casinos saw a decrease in revenue in April despite a good performance for sports betting.

05/06/21

Maryland casinos see third-highest revenues on record in April

Maryland casinos reported their third-highest revenues on record despite some capacity and social distancing restrictions remain in place.

05/06/21

Bet-at-home optimistic about German market despite drop in revenue

The German operator has said it remains positive about the outlook for Germany’s licensed igaming market despite lost revenue in Q1.

05/06/21

UK gambling tax revenue falls below expectations

The impact of the Covid-19 lockdowns mean HMRC has reported less tax revenue from UK gambling than expected.

05/05/21

Caesars Entertainment reports $423m net loss for Q1

The company has reported financial results for the first quarter of the year showing a fall in revenue and an increase in net losses.

05/05/21

British online slots revenue hits new record

Figures from the British regulator show that online gambling yield rose 4.1 per cent and online slots revenue 15.2 per cent in March.

05/03/21

Sazka Group reports 12 per cent rise in GGR for Q4 2020

The Czech gaming group benefited from new income from its Casinos Austria and Stoiximan acquisitions.

04/30/21

Boyd Gaming reports rise in revenue for Q1

The casino and resort operator has reported a strong rise in gaming revenue which more than offset the drop in hospitality and food and beverage revenue.

04/30/21

Danish gambling revenue falls 15.3% in first quarter

A continued increase in online casino revenue still not enough to offset the impact of land-based closures on Danish gambling revenue.

04/28/21

Nevada gaming win passes $1bn for first time since Covid-19 pandemic

Nevada’s casinos saw their best month since 2013 in March, with a gaming win of more than $1bn.

04/27/21

Swedish horseracing betting operator ATG reports Q1 revenue up by 11%

The former Swedish horseracing monopoly operator ATG saw revenue of SEK1.46bn (€144.2m) for the quarter.

04/26/21

Resort World Las Vegas to open in June

Resorts World Las Vegas has announced that it will open on June 24 for the summer season with 95 per cent of operations running on its opening day.

04/25/21

Codere: creditors to take over operating business

The Spanish gaming group Codere will give creditors control of its operating business as part of a restructuring deal.

04/23/21

Covid-19 lockdown wipes out Rank Group revenue for Q3

Rank Group’s venue revenue was down by 98 per cent and net gaming revenue down by 72 per cent year-on-year due the UK’s winter Covid-19 lockdown.

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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.