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Focus Gaming News | Finance

Finance

Check the latest Finance news

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.

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.

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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 Asia Pacific, Focus Africa, Focus Latin America, Focus Brasil and Focus UAE – five daily releases focusing exclusively on these specific markets.