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Focus Gaming News | Finance

Finance

Check the latest Finance news

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.

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.

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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.