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Finance

Check the latest Finance news

06/04/19

PAGCOR’s revenue up

The Philippine state-run corporation revealed that its revenue from January to April was up 11%.

06/03/19

Casino revenue reports five-month high in Macau

The revenue from casinos in Macau hit a five-month high in May to €2.8 billion.

05/31/19

UKGC’s report shows online sector’s growth

The report from the UKGC showed growth in the online sector and a decrease in retail.

05/31/19

Nevada experiences revenue fall

Nevada experienced its fourth month of consecutive declines in revenue and totalled US$936.5 million in April.

05/29/19

Czech Republic raises taxes on gambling

The government of the Czech Republic has decided to increase gambling taxes, effective from January 1, 2020.

05/28/19

Casino revenue flat in Mississippi

Casino revenue results in Mississippi matched sports betting’s performance and posted flat numbers.

05/27/19

Genting profit down 7 pct in 1Q19

During the first three months of the year, casino operator Genting saw its net profit drop 6.8% from €128.4 million to €119 million.

05/24/19

Mainland China lottery sales drop 13.7%

Official product sales of the Mainland China lottery have dropped 13.7% year-on-year during April, the Ministry of Finance revealed.

05/23/19

Casino earnings down in Atlantic City

The nine casinos in Atlantic City saw their gross operating profit decline by nearly 30% in 1Q.

05/20/19

Connecticut casinos post decrease in slot revenue

Foxwoods and Mohegan Sun reported a 12% year-on-year decline during April operations.

05/20/19

PGCB levies fines totalling US$105k

The board has revealed that it approved two fines against two operators in the state.

05/20/19

More than US$3.3m in tax revenue from DFS in Pennsylvania

The first full year of regulated DFS in Pennsylvania has brought more than US$3.3 million in tax revenue.

05/20/19

British horseracing levy to fall short of expectations

The British Horseracing Betting Levy Board warned the Levy from the segment is on track to severely fall short of the expectations.

05/17/19

William Hill reports revenue increase

William Hill has experienced a 2% increase in revenues boosted by online and US businesses.

05/17/19

FOBTs regulations had lesser impact on GVC’s Ladbrokes

According to GVC, the impact of the new FOBTs regulations hasn’t been as bad as they originally expected on British operator Ladbrokes.

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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.