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Focus Gaming News | Finance

Finance

Check the latest Finance news

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.

06/13/19

Atlantic City posts revenue increase in May

The casino industry in Atlantic City posted its 12th straight month of revenue increases in May.

06/12/19

US casino gaming revenue reaches $41.7 bn in 2018

The figure from 2018 released by AGA represents an all-time high for commercial casinos in the US.

06/12/19

Online gambling grows in Italy

The online gambling segment in Italy posted an increase in most verticals in business during May, except for the poker market.

06/12/19

West Australia’s TAB grows amid potential sale

Recent gambling results in West Australia has the TAB turning into a much more attractive business acquisition.

06/11/19

Macau’s GGR to be up 3 to 5 pct in June

Analysts at Bernstein said that they expect Macau’s gross gaming revenue (GGR) to be up between 3 to 5% in June.

06/11/19

Switzerland lotteries’ charities decline in 2018

Switzerland lotteries’ charitable projects money raised dropped to €525.6 million during last year.

06/10/19

Ohio reports 10 pct increase in revenues

Casinos and racinos in Ohio experienced good results in May and posted almost a 10% increase in revenues.

06/07/19

OPAP posts strong performance in 1Q19

The Greek gaming operator OPAP experienced a strong performance in the first quarter in its lottery and VLTs segments.

06/07/19

Morgan Stanley sees more decline in Macau’s VIP

Analysts from Morgan Stanley said that VIP will continue its decline in Macau in 2019.

06/07/19

Slot machine revenue up in Pennsylvania

The slot machine revenue segment in Pennsylvania registered a 2.7% increase in May operations.

06/06/19

Maryland casinos post slight decrease in revenue

The Maryland facilities totalled US$152.2 million in gaming revenue, which is a 2.7% decrease over 2018.

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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.