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Finance

Check the latest Finance news

02/20/20

Pennsylvania Lottery forecasts sales drop

According to the Pennsylvania Lottery, scratch-off ticket sales will drop by up to US$200 million due to skill games and bigger jackpots in 2020.

02/20/20

Slot revenue rises in Connecticut

The two tribal casinos in Connecticut, Mohegan and Foxwoods, registered an increase in slot revenue during January activities.

02/20/20

Pennsylvania registers revenue increase in January

Total gaming and DFS contests revenue generated in Pennsylvania in January rose 17% when compared to 2019.

02/20/20

Crown posts slump in gambling turnover

Crown Resorts said that a Chinese VIP slump hit profit, which is an effect of the impact of fear of coronavirus.

02/20/20

Massachusetts reports January results

The gaming regulator from Massachusetts has reported that GGR in its three casinos was US$80 million in January.

02/18/20

Mississippi Lottery generates US$16M revenue

Exceeding everybody’s expectations, the Mississippi Lottery has generated over US$16 million in revenue over the two months it has been running.

02/18/20

Online gambling revenue rises in Delaware

Delaware has revealed that during January operations, online gambling revenue rose 38.8% when compared to the same period a year before.

02/18/20

Online gaming grows in France

The growth of the online gaming market in France continued in 2019, and the GGR of the whole sector increased by 18% to €1.4 billion.

02/18/20

Loto Quebec revenue drops in 3Q

During the third quarter of the fiscal year, key verticals struggled and caused Loto Quebec revenue to drop after a successful first half.

02/14/20

Sweden’s re-regulation hits Svenska Spel’s figures

Svenska Spel released its interim report for full 2019 and showed that the re-regulation of the local market hit its finances.

02/14/20

FDJ increased revenues in 2019

The French gaming company FDJ has reported a 9% increase in revenues during 2019, with even more growth expected for 2020.

02/12/20

Twin River issues 2020 guidance

Twin River has issued its fourth-quarter financial results but also set its guidance for 2020, which aims to be a successful year.

02/10/20

Illinois casino revenue fell in 2019

Last year marked the seventh straight in which Illinois casino revenue failed to improve after raking US$1.35 billion, down 1.5% from the previous year.

02/10/20

Bulgaria gambling regulations to improve results

Amendments to local regulations in Bulgaria would raise gambling transfers to the Sports Ministry, the authorities say.

02/10/20

GVC Holdings to shift tax residency

GVC has unveiled the results of its Extraordinary General Meeting, where it decided to shift governance and tax residency.

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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.