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Finance

Check the latest Finance news

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.

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.

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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.