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Finance

Check the latest Finance news

08/12/20

Gamesys enjoys strong first half

The expanded Gamesys Group saw strong growth in the UK and record revenue from Asia.

08/10/20

Lithuania: GGR down 15.9% in H1 as online grows

Online gaming overtook land-based revenue for the first time due to the pandemic. 

08/06/20

Global Gaming returns to profit

The online casino operator has met its target to break even by mid-year

08/06/20

Retail closures test Playtech’s resilience

Disruption in retail and sports severely impacts Playtech’s H1 revenue.

08/04/20

Bet-at-Home revenue and profit down in H1

Turnover fell 8% at the German-headquartered online betting operator following its Swiss exit and impact from the Covid-19 pandemic.

07/31/20

FDJ sees good post-lockdown performance

The French operator’s revenue for the first half was down by 10.1 per cent but stakes returned to 2019 levels by mid-June.

07/28/20

Italy to close betting shops with unpaid taxes

The Italian government has confirmed that betting shops that have not paid tax duties will be forced to close in the next few months.

07/23/20

Las Vegas recovery not expected until 2023, analyst says

Las Vegas will have to wait until 2023 to see a full economic recovery from the pandemic according to a report by Macquarie Group.

07/23/20

Monarch: June results “encouraging”

US casino operator Monarch says results since reopening are encouraging after lockdown causes revenue to fall 76 per cent in Q2.

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%.

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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.