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Finance

Check the latest Finance news

04/24/20

Casino revenue down 60% in Louisiana

The state’s 15 riverboat casinos, four racinos and land-based casino brought in a combined total of $97.1million during the month.

04/24/20

Maryland could lose $250m in casino tax revenue

Coronavirus closures could see state lose hundreds of millions of dollars in tax revenues from casinos and the lottery.

04/23/20

Las Vegas Sands revenue down more than 50%

Gaming giant reports 1Q20 revenues of $1.78billion less than half of what it recorded during the same period last year.

04/21/20

FDJ cuts shareholder dividend by 30%

French lottery operator sees group revenues fall during the first quarter of the year due to Coronavirus.

04/16/20

Mississippi sports betting revenue drops again

Revenue for the month dropped 86.8 per cent year-on-year to $648,646.60 due to the impact of Covid-19.

04/15/20

888 profits down 58% in FY19

Profits tumble to US$45.3million despite a 6 per cent increase in group revenues for the full year.

04/14/20

Iowa sports betting revenue up 55% in March

Total revenues hit $1.2million mostly from online after casinos and sportsbooks were forced to close due to Coronavirus.

04/09/20

Lottery vendors in Costa Rica receive subsidy

1,600 vendors have received a $342,000 subsidy aimed at keeping the country’s lottery sector afloat during the Covid-19 pandemic.

04/07/20

New York sports betting revenue up for March

State enjoys positive revenues in March despite the impact of Covid-19.

04/06/20

GVC losing £50m a month

GVC sees net gaming revenues increase 1% for the first three months of the year but has been hit hard by the Coronavirus outbreak.

04/06/20

Virtual Grand National raises £2.6m for NHS

Betting companies in the UK will donate profits from the weekend’s Virtual Grand National to the National Health Service (NHS).

04/02/20

Coronavirus: Ireland Lottery to give unclaimed funds to relief efforts

€16million and will be given directly to the health sector, which is at risk of becoming overwhelmed as Covid-19 continues to spread.

03/31/20

Costa Rica approves lottery subsidy

Government steps in to assist lottery vendors amid the on-going Coronavirus crisis.

03/31/20

Calls for Polish Government to reduce gambling taxes

Bookmakers Companies Association has requested the government lower taxes fro, 12% to 10% from at least March to September.

03/30/20

National Lottery pledges £300m to fight Coronavirus

Lottery will distribute the cash to charities and local voluntary organisations.

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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.