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Finance

Check the latest Finance news

11/18/20

Pennsylvania sets monthly record for sports betting revenue

Sports betting revenues in October rose 12 per cent on year-on-year and 12.7 per cent month-on-month.

11/17/20

AGA reports gaming at 81 per cent 2019 levels

The association’s tracker reported revenue of $9.04bn for Q3.

11/13/20

Caesars puts aside $67m for CSR strategy

Caesars CSR strategy involves assisting local communities and promoting responsible gaming, diversity and sustainability.

11/12/20

Detroit casinos reel in $101.4m during October

The Control Board has approved licence renewals for MGM Grand Detroit, MotorCity Casino and Greektown Casino.

11/11/20

Private equity firm invests €500m in Sazka

Apollo Global Management will provide funds for new acquisitions.

11/10/20

UK bookmakers to pay extra fees to support horseracing

Online bookmakers have agreed to pay extra fees to boost the horseracing sector’s finances.

11/10/20

Canterbury Park revenues fall 28.5% in Q3

Covid-19 measures mean the racecourse was operating at 10 per cent of normal capacity and lost 12 racing days in the quarter.

11/09/20

Century Casinos acquisitions boost Q3 figures

The Colorado-based casino operator saw revenue earnings rise in the third quarter despite Covid-19 restrictions.

11/09/20

LeoVegas growth hit by Swedish casino restrictions

Deposit limits in Sweden impacted on growth in the third quarter.

11/06/20

Wynn revenues drop 77.5%

After huge losses in the third quarter, Wynn Resorts is looking to online markets for a recovery.

11/04/20

Everi shows recovery in Q3

As the gaming industry continues to struggle with pandemic restrictions, Everi Holdings has seen signs of recovery in its third quarter.

11/04/20

Latvian gaming revenue recovers after lockdown suspension

Numbers have begun to pick up after the two-month blanket ban on gambling.

11/03/20

Loto-Québec revenues face steep decline

The biggest declines reported were in casinos, bingo halls and other gambling venues such as bars with gaming machines.

11/02/20

Twin River Q3 revenue down just 10% year-on-year

Twin River adopted a post-pandemic strategy to appeal to “pure gamers”, and cut back on costs.

11/02/20

US breaks record for election wagers

Betfair has estimated that bets on the November 3 US elections could reach half a billion dollars.

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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.