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Finance

Check the latest Finance news

07/30/19

Online gambling revenue up in France

The gambling regulator from France ARJEL has reported that online gambling experienced a revenue increase in the second quarter of the current year.

07/29/19

Lottery revenue in West Virginia tops $1b

The West Virginia Lottery has reported that revenue topped US$1 billion for the 17th straight year.

07/26/19

PAGCOR income goes up 9 pct

Philippine regulator-operator PAGCOR posted income 9.3% higher than last year during the first six months of the year, at €641 million.

07/26/19

Las Vegas Sands posts revenue increase

Las Vegas Sands has reported the financial results for the second quarter of the year, ended June 30 and reiterated its interest in the Japanese market.

07/26/19

FDJ reports revenue increase in 1H19

The French gaming operator Française des Jeux (FDJ) posted good financial results in the first half of 2019 and said that the IPO will take place in coming months.

07/25/19

City of Dreams reports Q2 financial results

The Macau casino City of Dreams registered an increase in operating revenues during the second quarter of the year.

07/25/19

Melco reports record adjusted EBITDA

Melco Resorts & Entertainment registered a 17% increase in revenues during the second quarter of the year and a record EBITDA.

07/25/19

Kindred suffers setback due to new Swedish regulations

The online gambling operator Kindred Group has revealed that its earnings dropped in the first half of the year due to new Swedish regulations.

07/25/19

Mississippi casinos register revenue increase

The casinos in Mississippi reported a 7% increase in June revenues when compared to 2018.

07/25/19

Moody’s sees tough future for Atlantic City

Moody’s Investors Services assessed Atlantic City’s future among New Jersey’s municipalities and forecasted a tough future for the segment.

07/24/19

Manila Bay loses millions in last five years

The casino from PAGCOR, Manila Bay, has reported €36.6 million in income loss in the last five years.

07/24/19

Twin River announces estimated results for 2Q19

The casino company Twin River has released estimated results for the second quarter, ended June 30.

07/23/19

Betsson reports mixed results in Q2

The Swedish company Betsson registered bad results during the second quarter (Q2) in the Nordics and Western Europe.

07/23/19

Bernstein cuts Macau GGR forecast for July

The brokerage Bernstein Research has lowered its forecast for July’s gross gaming revenue (GGR) due to lower VIP hold.

07/22/19

Sports betting revenue increases in Mississippi

The local sports betting market in Mississippi recovered in June and posted a 35.4% month-on-month rise to US$1.6 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 Asia Pacific, Focus Africa, Focus Latin America, Focus Brasil and Focus UAE – five daily releases focusing exclusively on these specific markets.