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Focus Gaming News | Finance

Finance

Check the latest Finance news

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.

01/14/21

William Hill sees revenue fall 16% in 2020

Fourth-quarter growth wasn’t enough to prevent the Covid-19 pandemic from causing a double-digit decline in revenue for British betting giant.

01/11/21

IAC supports MGM in Entain bid

IAC has sent MGM a letter confirming its support for a deal with Entain, saying it would make the company an “omnichannel global leader.”

01/07/21

Germany: Lottery bets grew in 2020

Wagers were up 8.2 per year on year in 2020 and online sales accounted for more than 11 per cent of the total.

01/05/21

Playtika revenues top $1.8bn in 2020

Playtika’s revenues for the nine months up to September 30 were revealed in the registration statement filed ahead of its public offering.

12/22/20

European gambling revenue down by a quarter year-on-year

Revenue across the continent as a whole is set to close the year down by 23 per cent due to the impact of the Covid-19 pandemic.

12/18/20

Illinois sports betting handle reaches $435m

Industry experts forecast that Illinois could become the fourth-largest sports betting market in the US.

12/18/20

Pennsylvania gaming revenues down despite online growth

Sports betting and online casinos are doing well in Pennsylvania while land-based facilities struggle due to Covid-19 restrictions.

12/17/20

Mississippi sports betting revenues double

The state of Mississippi’s sports betting revenue increased by more than 113 per cent year-on-year in November despite a lower handle.

12/16/20

Delaware igaming handle drops for sixth month

Despite month-on-month falls in revenue, igaming in Delaware has grown substantially since 2019.

12/15/20

NIGC report: 2019 was tribal gaming’s most successful year

Last year saw the highest revenues recorded since the federal Indian Gaming Regulatory Act was enacted in 1988.

12/03/20

MGM raises $700m through MGP deal

MGM Resorts made the sale as the Covid-19 pandemic continues to impact the gaming industry.

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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.