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Focus Gaming News | Finance

Finance

Check the latest Finance news

10/22/20

William Hill warns of profit hit as more UK betting shops close

Growth in the US and online was not enough to avoid the impact of European retail shutdowns on Q3 profits.

10/21/20

Virginia Lottery sales rise during pandemic

Both online sales and retail sales increased for the Virginia Lottery this fiscal year.

10/21/20

Tennessee Lottery contributes $114m to education

The total revenue brought in for the period is the highest first-quarter figure since the lottery began in 2004.

10/19/20

Casino tycoon donates $75m to pro-Trump PAC

Sheldon Adelson has made the donation after his Las Vegas Review-Journal openly endorsed Trump for reelection.

10/16/20

Analysts say Las Vegas recovery could take up to four years

An investigation by Fitch Ratings forecasts that the Strip may have to wait until 2024 for a full recovery.

10/16/20

Italy: online gaming revenue up 25.4%

Revenue from the regulated online market reached €184m in September.

10/15/20

MGM Springfield pours $640m into economy in first year

The construction of MGM Springfield helped create more jobs in the local area and also encouraged off-site spending.

10/15/20

Detroit casino revenues drop 21% in September

Detroit’s three casinos continue to operate at 15 per cent capacity as part of Covid-19 measures.

10/15/20

British gambling revenue continues to fall

New figures from the Gambling Commission show that the decline across verticals continued in August.

10/14/20

New York casinos struggling to reach pre-pandemic figures

The general manager of Rivers Casino in New York has said casino visitation remains low although sports betting has reached record levels.

10/08/20

DraftKings to raise a further $600m from shares

Shares will be available at a public offering price of $52.00 per share.

10/07/20

Maryland casino revenue: first annual increase since pandemic

Despite a year-on-year increase in revenue in September, revenue fell month-on-month from August.

10/06/20

DraftKings to sell 32m shares

DraftKings aims to raise equity as a response to the difficult conditions imposed by the pandemic.

09/28/20

Las Vegas gambling industry slow to recover

Since the Covid-19 pandemic took the world by storm back in March, the Las Vegas gambling industry has struggled to make a recovery.

09/21/20

Ireland considers hike in betting duty

A group of senior civil servants has considered increasing tax on the industry ahead of the budget for 2021.

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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.