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Focus Gaming News | Finance

Finance

Check the latest Finance news

02/17/21

Illinois sports betting handle hits new record

The state’s gaming board has reported more than $491.7m wagered on events in December 2020.

02/15/21

Kansas state-owned casino revenues fall 28 per cent in 2020

The four casinos reported revenue of $300m for the full year.

02/11/21

Danish gambling revenue falls 9.3% in 2020

Revenue from the regulated sector fell to DKK5.96bn (€801.8m).

02/10/21

Italy: online gambling GGR hit €359m in December

The industry surpassed the record €258.9m in GGR set the previous month.

02/09/21

Golden Nugget revenue climbs 68% in 2020

Golden Nugget’s 2020 revenue benefited from the increase in online gaming during the Covid-19 pandemic.

02/09/21

Wynn launches public shares offering

Wynn Resorts has launched a public offering in a bid to raise $630.6m for general corporate purposes.

02/05/21

Penn National reveals 2020 results

Gaming giant Penn National has reported huge losses for 2020, especially in the second and third quarters.

02/03/21

Moody’s: hotels, gaming & leisure to see most defaults in 2021

After a dire 2020, things look little better for the gaming industry in 2021 according to a report by Moody’s Investors Service.

02/02/21

Golden Nugget owner to go public in SPAC deal

Landry’s shares will be listed on the New York Stock Exchange through a merger with a SPAC company.

01/31/21

Betting boss is biggest UK tax payer for second year

Denise Coates of bet365 has topped the Sunday Times Tax List for the second year running.

01/29/21

Rank Group revenue plummets 55%

Covid-19 closures and responsibility measures severely impacted the UK-based operator, which posted a loss for H1.

01/26/21

Codere granted debt extension

Creditors have allowed the Spanish gambling group Codere SA to negotiate an extension on the maturity of senior secured debt notes.

01/25/21

Analyst raises Boyd Gaming price target

Stifel has increased its price target despite lowering estimates for near-term performance.

01/21/21

British gambling regulator reveals 13% drop in igaming yield

Figures from the regulator show the gross gambling yield for igaming in November fell to £471.5m.

01/14/21

Kindred Group posts record revenue for 2020 Q4

The Unibet operator saw a higher than expected sports betting margin in the quarter.

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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.