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Focus Gaming News | Finance

Finance

Check the latest Finance news

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.

09/17/20

Loto-Québec income beats targets despite pandemic

Casinos contributed the most to revenues, despite being closed for three months at the height of the pandemic.

09/16/20

Michigan gaming revenue falls 8% in August

Each of Michigan’s three casinos reported year-on-year declines in revenue, but online gaming activity increased 114 per cent.

09/15/20

Scientific Games executive chairman to sell 34.9% stake

Ronald Perelman is looking to reduce his portfolio as several of his companies have been hit by the pandemic.

09/14/20

Swedish GGR at lowest since igaming launch

Overall revenue for the second quarter was down 4.1 per cent year-on-year while online revenue fell against Q1.

09/11/20

Rank FY revenue drops despite digital growth

Full year results show revenue down 8.2 per cent for the Grosvenor Casinos operator.

09/11/20

OPAP expects strong recovery after revenue falls 35% in H1

The Greek operator was hit hard by the pandemic but is seeing signs of a strong recovery.

09/10/20

Covid-19 hits Codere hard in first half

The Spanish operator saw revenue fall 54.7 per cent with declines in every market and region.

09/10/20

Danske Spil manages to limit Covid-19 impact in H1

The Danish gaming operator reduced costs and saw a strong lottery performance to limit a drop in revenue.

09/09/20

Gaming Realms: revenue climbs 65.9% in first half

The online gaming developer and distributor’s revenue hit £5.2m for H1.

09/03/20

Gaming industry is a huge contributor to Colombia’s GDP

Colombia’s Minister of Finance revealed that during 2019 gaming revenues represented 0.2% of the national GDP.

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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.