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Finance

Check the latest Finance news

03/30/20

Belgium National Lottery makes drastic changes as sales fall

Operator reacts to 30% drop in ticket sales due to Coronavirus by introducing new measures such as increasing prize claim periods.

03/25/20

Wynn executives forego salaries during crisis

Wynn’s board of directors announced they are foregoing their salaries in order to preserve the salaries of the workforce.

03/24/20

Gambling firm warns of profit hit from sports disruptions

Online gambling firm 888 Holdings said its profits would be severely impacted by Coronavirus crisis, as most of the sports events have been cancelled.

03/24/20

Loto-Québec turns to iGaming

Loto-Québec is focusing on iGaming offerings amid the coronavirus crisis that forces people to stay home.

03/23/20

Global gaming revenue to drop 11%

According to the European Gaming Commission, the forecast for gaming revenue is not good.

03/20/20

Coronavirus: FDJ expects to lose €120million

The French lottery and sports betting operator Francaise des Jeus expects to be hit hard by the Coronavirus crisis.

03/13/20

Newgioco CEO: Italian lockdown to impact revenues

Coronavirus shutdown in Italy and around the world to hit gambling operators hard.

03/11/20

UK gambling revenues to plummet 17% by 2024

Golden Casino News estimates revenues to fall from US$79.83 billion this year to $70.5 billion by 2024.

03/11/20

Gambling in Italy struggles amid Coronavirus lockdown

The gambling industry is among commercial victims in Italy as the country enters lockdown to prevent Coronavirus from spreading.

03/06/20

Online gambling generates €2.3bn in Sweden in 2019

Online gambling in Sweden and betting on ships contributed more than €1.3 billion during the year.

03/05/20

Online gambling revenues soar 32% in Latvia

Online gambling generated €54.7 million in revenues in 2019 with casino games contributing more than €39 million.

03/03/20

Coronavirus: Analysts predict 8% gaming revenue drop

Analysts predict the deadly virus may hit land based gaming revenues hard but the online sector may benefit.

02/28/20

Churchill Downs registers $1.3b in net revenue

Churchill Downs has reported that it registered US$1.3 billion in net revenue in 2019, a 32% increase over 2018.

02/28/20

Galaxy Ent reports revenue fall in 2019

Galaxy Entertainment has released its latest financial report, detailing operations in 2019, a year in which it registered a 6% decline in revenue.

02/27/20

Macau financial reserves grow 5.6 pct in 2019

According to the Macau Monetary Authority, the territory’s financial reserves reached €62.4 billion in 2019, up 5.6% over the course of the year.

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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.