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Finance

Check the latest Finance news

09/30/19

Nevada registers 4.3 pct increase in gaming revenue in August

The Strip’s 8.9% increase in gaming revenue during August operations helped Nevada improve its performance.

09/27/19

State gambling thrives in Spain

Galicia recorded figures showing state-operated gambling thrives in Spain and especially in that region, where it accounted for 5% of total sales.

09/25/19

Macau’s GGR likely to be low in September

A new note from brokerage Bernstein indicates that gaming gross revenue (GGR) in Macau is likely to be low in September.

09/23/19

Rhode Island companies invest on gambling lobbyists

Two gambling companies in Rhode Island have invested over half a million dollars on lobbyists to gain a contract extension.

09/23/19

Greyhound racing numbers decline in West Virginia

In-person wagering at greyhound racing facilities in West Virginia has decreased by 13% between 2014 and 2018.

09/20/19

DFS revenue up in Pennsylvania

Revenue from daily fantasy sports (DFS) in Pennsylvania during August operations increased 47.2%, says the PGCB.

09/19/19

India pushes for new tax on lottery

The authorities in India are looking to set a tax on lottery obeying the “one-nation, one-tax” principle and setting a single 28% rate.

09/19/19

Casino revenues down in Indiana

The growth of gambling in neighbouring states has affected Indiana’s market, which reported a 26.9% decline in casino revenues in August.

09/19/19

Encore Boston reports $52m in August

The Encore Boston casino reported its second month of financial activity and totalled US$52.4 million in revenues in August.

09/18/19

Gaming revenue rises in Pennsylvania

Total gaming and fantasy contests revenue from Pennsylvania rose 6.3% in August when compared to the same period last year.

09/18/19

Virginia Lottery to lose millions to gaming machines

The local lottery reported that due to the proliferation of gaming machines in Virginia, they could lose millions this year.

09/18/19

Macau GGR to grow up to 7 pct in September

Analysts of different brokerages forecasted Macau GGR will be up 4-7% this month after reaching €1.3 billion between September 1-15.

09/17/19

Connecticut tribal casinos’ revenues drop in August

The two Connecticut tribal casinos posted decreased slot revenues during August, keeping the downward trend already seen in July.

09/17/19

Sazka Group revenue grows

Pan-European lottery company Sazka Group posted a 6% revenue increase after it totalled first-half figures of €908 million.

09/16/19

GAN posts major revenue increase

The US gaming industry helped GAN to post a 145% revenue increase year-on-year during the first half of 2019 to €12.7 million.

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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.