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Finance

Check the latest Finance news

08/30/19

Holland Casino reports revenue increase in H1

The Dutch gambling monopoly Holland Casino has reported a 12% increase in revenue in H1 of 2019.

08/29/19

Gaming win tops $1 bn in Nevada in July

For the second consecutive month, Nevada’s gaming win topped the US$1 billion figure during July operations.

08/28/19

Macau likely to experience GGR setback in August

Brokerages estimated that gross gaming revenues (GGR) in Macau will fall from 2% to 4% in August, mainly because of Hong Kong disputes.

08/27/19

Online sports betting revenue declines in Spain

The second quarter of the year has registered a decrease in revenue for online sports betting operations in Spain.

08/27/19

PAGCOR to increase revenues in 2020

The Philippine state-run PAGCOR has revealed its revenue estimations for 2020 and said that it expects €1.28 billion.

08/26/19

Bernstein discusses MGM financial target

According to brokerage Sanford C Bernstein, MGM’s EBITDA target for 2020 is too ambitious as it aims to post an up to €3.5 billion figure.

08/23/19

Swedish gambling market grows 3.2 pct in Q2

The Swedish gambling regulator has reported that the local market grew by 3.2% quarter-on-quarter.

08/23/19

Casino profits decrease in Atlantic City in Q2

The second quarter of the year in Atlantic City has been characterised by a decrease in casino profits.

08/23/19

Rank Group experiences slight revenue fall

The Rank Group has revealed that revenues decreased 0.25% year-on-year in the first six months of the year.

08/22/19

Crown Resorts reports profit decrease

The Australian operator Crown Resorts has reported that its annual profits decreased due to less Chinese tourists in the territory.

08/22/19

State-run monopoly in Poland reports positive online results

Totalizator Sportowy, the state-run lottery monopoly from Poland, reported that its online casino registered good sales.

08/21/19

Hong Kong airport closure didn’t impact Macau

Analysts from Japanese brokerage Nomura said that the closure of Hong Kong International Airport had no impact on Macau’s GGR.

08/21/19

Connecticut casinos post double-digit decline

The two casinos in Connecticut are feeling the impact of Encore Boston Harbor’s opening as they have reported double-digit declines in July.

08/20/19

DFS revenue increases 42 pct in Pennsylvania

The fantasy sports market in Pennsylvania experienced an impressive 42% increase in revenues during July operations, PGCB said.

08/20/19

VIP volume in Macau shows good signs in August

The first three weeks of the month have shown that VIP volume has improved, but GGR in Macau is likely to be down in August.

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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.