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Finance

Check the latest Finance news

12/13/19

Detroit casinos increase revenue in November

The three casinos in Detroit increased revenues by 5.6% during November operations to US$124.2 million.

12/12/19

Sports betting revenue down in Indiana

Revenue from sports betting operations in November declined month-on-month in Indiana to US$9.3 million.

12/12/19

Online gambling is a major contributor in Spain

The DGOJ published the financial report from gambling activity in Spain, and the online sector continues to trend high.

12/11/19

Macau casinos to experience annual revenue decline

Gaming revenue from Macau casinos is likely to decline around 3% this year, as the US-China trade war has influenced operations.

12/11/19

FDJ to implement a comprehensive insurance policy

The French gaming company FDJ has announced the implementation of a comprehensive insurance policy to cover its counterpart risk.

12/09/19

Mohegan Gaming announces Q4 results

Mohegan Gaming has announced its fourth-quarter fiscal 2019 operating results, ended September 30.

12/04/19

Lithuania: lottery registers good performance

In the first nine months of the year, Lithuania distributed more than 85 million lottery tickets, which is a 14% increase when compared to 2018.

12/04/19

Denmark to increase iGaming tax

The government of Denmark has decided to increase the iGaming tax in its 2020 budget, which takes effect from 2021.

12/03/19

Gaming revenue up in Spain

The gaming industry in Spain registered positive results during the third quarter of the year.

12/02/19

Macau GGR, down in November

The DICJ showed Macau GGR for November reached €2.58 billion, down 8.5% year-on-year.

12/02/19

Philippines warns POGOs about tax evasion

The Finance Secretary in the Philippines issued a warning to POGOs and said the government will go after all companies that don’t pay their respective taxes.

12/02/19

Online gambling in the UK falls

Total gambling revenue in the UK in the full year to March 31 was down by 0.3%, and it is the first time it has registered such figures.

11/29/19

OPAP registers strong third quarter

The Greek giant OPAP has revealed that net profit in the third quarter rose to €48.8 million, a 24.5% year-on-year increase.

11/29/19

Indiana lottery sets record sales

The lottery from Indiana, Hoosier Lottery, has reported a record in the number of sales and tax reserves sent to the state.

11/28/19

Japan to withhold taxes on winnings at IRs

The government is considering the possibility that Japan could enforce a system to withhold taxes on winnings by foreigners at IRs once they launch.

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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.