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Focus Gaming News | Finance

Finance

Check the latest Finance news

04/24/19

Australian VIP to recover in 2020

According to local analysts, Australian VIP market will see a potential recovery in the 2020 financial year.

04/23/19

DFS revenue posts slight increase in Pennsylvania

The DFS segment in Pennsylvania reported an increase in adjusted revenue in March 2019.

04/23/19

Macau gaming tax revenue rose 6.1 pct in the first quarter

The industry contributed €3.2 billion in Macau gaming tax revenue during the first three months of 2019.

04/22/19

Swedish iGaming market reveals first financial report

The newly-regulated Swedish iGaming market revealed its financial report for the first quarter and posted total turnover of €313.8 million.

04/22/19

Macau VIP business to bounce back, exec says

Senior executive at Las Vegas Sands Corp Robert Goldstein stated the company expects the Macau VIP business “will resurrect.”

04/17/19

Bernstein lowers Macau GGR estimates

The brokerage has lowered Macau GGR estimates for April as the segment recorded less revenue than expected so far.

04/17/19

Delaware improves sports betting operations

Total revenue amounted to US$1.6 million, which is a significant increase from March’s US$22k.

04/16/19

Casino winnings increase in New Orleans

Despite a decrease in casino winnings across Louisiana, the New Orleans market posted positive results.

04/16/19

Pennsylvania casinos post record-setting revenue in March

Gaming revenue hit an all-time high during March 2019’s operations in Pennsylvania casinos.

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.

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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 Latin America, Focus Brasil, Focus Asia Pacific, Focus Africa and Focus UAE – five daily releases focusing exclusively on these specific markets.