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Finance

Check the latest Finance news

07/21/20

Svenska Spel revenue falls in H1

The Swedish operator reports a 9.6 per cent drop in gaming revenue for the first half, but mitigated the loss through expanding online products.

07/20/20

Catena expecting record revenue and profit for Q2

Catena Media has announced it expects to report a 17 per cent increase in revenue for Q2 to achieve a new quarterly record.

07/20/20

Norsk Rikstoto revenue up despite pandemic

The Norwegian horse betting monopoly saw an increase in revenue in the first half of the year despite the suspension of local racing for a month.

07/17/20

Pennsylvania casino revenues drop 18%

The Pennsylvania Gaming Control Board says casino revenues have fallen 18% in the last fiscal year due to the impact of the pandemic.

07/15/20

NJ gambling revenue down 66% in June

New Jersey reported a 66% decline in gambling revenue due to continued casino closures, although it saw an increase from online gambling and sports.

07/14/20

UK’s Health Lottery boosts charity contributions

The Health Lottery will increase the portion of revenues directed to good causes to 25.5%.

07/13/20

Spanish gambling revenue up 12.5% in Q1

Gambling revenue in Spain grew 12.5% year-on-year to €218million for the first quarter of the year.

07/10/20

Czech gaming revenue grows 16% in 2019

The Czech Republic’s regulated gambling market grew 16% year-on-year with revenues of  €1.36billion in 2019.

07/08/20

Maryland casinos struggle with revenue losses

Maryland casinos reopened 10 days ago but are struggling with the impact of three-months of closure due to the Covid-19 pandemic.

07/02/20

Kentucky Lottery reports strong sales in May

Kentucky Lottery’s board of directors has revealed figures showing strong sales in May.

07/01/20

Nevada gaming revenue down by 99.4% in May

Nevada gaming revenue was just US$5.8 million in May due to the closure of all casinos.

07/01/20

Illinois: video gambling revenue falls US$363 million

Revenue from video gambling machines in Illinois has plummeted due to the three-months of Covid-19 lockdown.

07/01/20

Poland: new verticals slow revenue decline

Poland’s Ministry of Finance says the country’s newly regulated online casino and arcade verticals have helped mitigate the drop in revenue for the past 12 months.

06/19/20

FDJ hit by €200m drop in revenue

The French gaming operator, La Française des Jeux, said a drop of almost 60 per cent in stakes was directly due to the impact of Covid-19.

06/18/20

New Jersey sets online gaming revenue record

New Jersey collected US$85.9 million from online gaming in May as casinos remain closed.

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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.