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Finance

Check the latest Finance news

04/12/19

Gambling revenue up at Ohio racinos

The racinos in Ohio reported a 6.9% increase in gambling revenue during March operations.

04/12/19

Macau VIP GGR down in the first quarter

Morgan Stanley estimates revealed Macau VIP GGR was down 10% during the first quarter, while the mass market segment saw it grow 8%.

04/11/19

Increase in gambling taxes proposed in Czech Republic

The Finance Ministry announced plans to raise gambling taxes in Czech Republic to increase public budget.

04/09/19

GVC posts positive financial results

The company reported that online net-gaming revenue increased 17% in the first quarter of the year.

04/09/19

Atlantic City profits down for 2018

The DGE announced the 2018 year-end results, which indicate that profits were down in Atlantic City.

04/09/19

GGR to drop once again in Macau

According to analysts, GGR in Macau will drop in the second quarter and is expected to hit rock bottom as tax cuts and credit ease out.

04/08/19

Maryland casinos set record in March

The six casinos in the state generated a single-month record of US$163.2 million in gaming revenue.

04/05/19

Slot machine revenue 2 pct up in Pennsylvania

The revenue results from March represent the third highest monthly total registered in the state.

04/05/19

New Jersey helps GAN increase revenues

The online gambling developer was operating at records levels in the first quarter of the year.

04/03/19

Denmark online casinos top sports betting during 3Q18

During the last three months of 2018, Denmark online casinos’ GGR improved at the expense of sports betting revenue, which was down year-on-year.

04/02/19

Macau gambling revenue goes down in March

According to the authorities, Macau gambling revenue dropped 0.4% year-on-year during March, amid a tough 2019 for the industry in the Chinese territory.

04/01/19

Greek gambling monopoly reports revenue increase

The gaming operator OPAP reported a 6.3% year-on-year increase in revenue in 2018.

03/28/19

Macau operator, optimistic on financial projections

Melco CEO Lawrence Ho remains confident the Macau casino industry will post “decent growth” in 2019, despite brokerages forecasts.

03/27/19

March estimates go down for Macau casino industry

According to Bernstein, March GGR projections for the Macau casino industry have been lowered due to recently lowered mass and VIP volume.

03/27/19

Paradise Entertainment posts profit during 2018

Casino operator Paradise Entertainment posted profit last year, powered by a revenue increase and improved sales of electronic gaming equipment.

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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.