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Focus Gaming News | Finance

Finance

Check the latest Finance news

07/09/19

Grand Korea Leisure sales grow 6.6 pct

During June, Grand Korea Leisure Co Ltd casino sales grew 6.6% year-on-year to €29.4 million, but 2019’s first-half sales dropped anyway.

07/09/19

Maryland gaming revenue drops 4 pct

The Maryland facilities totalled US$142.9 million in gaming revenue, which is a 4% decrease over 2018.

07/03/19

Malta gaming amounts to 13 pct of the overall economy

According to the Malta Gaming Authority, the gambling industry accounted for 13.2% of the overall country’s economic activity in 2018.

07/03/19

Analysts forecast Macau’s GGR growth in July

According to investment analysts, Macau’s GGR growth in July will be somewhere between 2-5% after two consecutive months of increased revenues.

07/02/19

Macau GGR grows 6 pct in June

According to the Gaming Inspection and Coordination Bureau, Macau GGR grew 5.9% year-on-year during June after reaching €2.6 billion.

06/27/19

Bernstein reassesses June GGR in Macau

According to brokerage Bernstein, the growth of GGR in Macau during June is likely to be lower than the 3-5% it had forecast previously.

06/27/19

Lottery sales down in mainland China

The number of official lottery products sales in China was 12.7% down year-on-year in May to €4.5 billion.

06/26/19

Casino revenue rise in Mississippi

The legalisation of sports betting in the state has improved casino revenue in Mississippi.

06/25/19

Macau GDP set to drop in 2019

According to the Economist Intelligence Unit, Macau GDP is likely to contract by 0.3% in 2019 after the 3.2% drop recorded in the first quarter.

06/24/19

Canada examines impact of gaming on local economy

The gaming association from Canada has unveiled a report that studies the impact of gaming on the economy.

06/21/19

PGCB reports increase in DFS revenue

Fantasy contests (DFS) revenue increased 35% during May operations in Pennsylvania and totalled US$1.8 million.

06/21/19

Macau gaming taxes reach €5.3 billion

The government revealed that the amount collected from Macau gaming taxes reached €5.3 billion in the first five months of 2019.

06/19/19

Macau GGR forecast drops 1 pct

Brokerage Sanford C. Bernstein lowered its Macau GGR forecast for the month of June by 1% as the US-China trade war continues.

06/18/19

MGM Springfield’s revenue, third best in May

According to the casino operator, MGM Springfield’s revenue reached US$22.3 million, the third best figure since it opened back in August 2018.

06/14/19

Czech Republic’s gambling market suffers revenue decline

Last year’s revenue for the Czech regulated gambling market totalled €1.2 billion, which represents a 21.3% decline.

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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.