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Focus Gaming News | Finance

Finance

Check the latest Finance news

06/06/19

888 experiences revenue jump

The online gaming operator 888 experienced an increase of 6% in group revenue from January 1 to May 18.

06/06/19

GVC new payment scheme with low majority

Gaming operator GVC Holdings approved a new payment scheme with just over 58% of shares in favour, which disappointed some executives.

06/05/19

UK National Lottery sets sales record

The digital segment of the UK National Lottery reached €2.06 billion in 2018-2019 and the operator posted a record in sales.

06/04/19

Online revenue in Spain up in 1Q19

Sports betting was one of the contributors to online gross gaming revenue increasing 20% year-on-year to €193.2 million in Spain.

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.

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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.