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Focus Gaming News | Finance

Finance

Check the latest Finance news

01/07/20

Paradise Co revenue grows 23 pct in 2019

South Korean casino operator Paradise Co saw revenue grow 23.4% during 2019 after reaching €602 million for the full calendar year.

01/06/20

November lottery sales down in China

Lottery sales in mainland China decreased by approximately 12% during November operations.

01/06/20

Macau GRR fell 3.4 pct in 2019

According to the Gaming Inspection and Coordination Bureau, Macau GGR dropped 3.4% during 2019 as it reached €32.7 billion.

12/20/19

Indian council fixes uniform tax rate for lottery

The GST Council from India has decided on an uniform tax rate for both state and private lottery.

12/20/19

Greek casinos urged to pay off debts

An entity in Greece is urging local casinos to pay off their dues to the social security funds.

12/19/19

Online gambling market improves in Delaware

Online gambling operators in Delaware improved their performances during November’s operations.

12/19/19

Latvia: revenues up in first nine months of 2019

Licensed operators in Latvia generated more than €230 million in the first nine months of the year.

12/18/19

Bet365 posts revenue 10 pct higher

In its latest financial report, Bet365 showed its revenue grew by 10% for the 12 months ending March 31, 2019, reaching €3.5 billion.

12/18/19

Total revenue up 13 pct in Pennsylvania

PGCB, the gambling regulator from Pennsylvania, has reported that total gaming revenue increased 13% in November.

12/17/19

Fitch downgrades Macau’s rating

The agency Fitch has downgraded Macau’s rating from “Stable” to “Negative” due to issues with mainland China.

12/17/19

GAN reports online growth in New Jersey

A strong performance in New Jersey in November has increased revenues in the online gambling vertical for GAN.

12/17/19

MGM Springfield experiences revenue decline

MGM Springfield has registered US$19.9 million in gross gaming revenue (GGR) in November.

12/16/19

Portugal: record iGaming revenue in Q3

The iGaming segment in Portugal has experienced a significant increase in revenues when compared to the same period in 2018.

12/16/19

Atlantic City casinos continue to grow

The CANJ association said that November was a successful month for Atlantic City casinos.

12/16/19

Spain’s Christmas Lottery contributions set to drop

According to the Treasury’s forecasts, public coffers in Spain will receive less money from the Christmas Lottery in 2019 due to tax regime changes.

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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.