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Finance

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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.

08/20/19

Double-digit increase in GGR in the Philippines

The second quarter of the year has brought double-digit increases in revenue in the Philippines to US$1.14 billion, PAGCOR said.

08/20/19

New Zealand could have a billion-dollar gaming sector

A new report shows that New Zealand could have a billion-dollar industry by 2024 under an industry development plan.

08/19/19

Star Entertainment Group posts poor results

Australian operator Star Entertainment Group reported its casino operations underperformed and profits were down 8.4% year-on-year.

08/19/19

Pennsylvania experiences revenue rise in July

Pennsylvania’s gaming revenue generated in July 2019 was 1.13% higher than what was reported during the same period a year ago.

08/16/19

Macau tax revenue grows 2.3 pct

Macau tax collection from gaming during the first seven months of the year went up 2.3% to €7.47 billion.

08/16/19

Double-digit revenue increase for Galaxy Gaming

The operator Galaxy Gaming has reported a revenue increase of 19% in the second quarter of the year to US$5.3 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.