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Focus Gaming News | Finance

Finance

Check the latest Finance news

05/02/19

Macau GGR drops 8.3% in April

The government revealed that Macau GGR fell by 8.3% in April to €2.6 billion, which contributed to a 2.4% contraction in the first four months of 2019.

05/02/19

PAGCOR posts income increase during Q1

According to an official statement, PAGCOR’s income was up 10% year-on-year to €26.65 million during the first quarter of 2019.

05/02/19

Mississippi sports betting boosts casino revenue

The NCAA basketball tournament boosted casino revenue as Mississippi sports betting pushed a 13% growth.

04/30/19

RMG to pay racecourses £109.7 million

The group will pay UK racecourses €127 million from media and data rights from 2018.

04/30/19

Okada Manila reports operating loss in 2018

The casino from the Philippines reported €49.7 million in operating loss in 2018.

04/30/19

New forecasts see Macau GGR growth flat in 2019

Fitch Ratings revealed it expects Macau GGR growth to be flat to low in 2019, despite mainland China’s economic deceleration.

04/29/19

Churchill Downs experiences growth in Q1

Churchill Downs reported a 40% year-on-year growth during the first quarter of 2019.

04/26/19

Svenska Spel reports revenue decline

The first quarter of the year, characterised by the re-regulation of the local market, was negative for the company.

04/26/19

Gaming win falls in Nevada

The state registered flat results in gaming win during March operations, but Nevada still managed to hit the US$1 billion mark.

04/24/19

Mainland China lottery sales up in March

The segment posted a 2% increase in sales during the first quarter, despite a decrease in March.

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.”

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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.