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Finance

Check the latest Finance news

01/23/19

Connecticut increases estimates for slot machine revenue

Officials are increasing the estimations for casino slot machine revenue from the two local casinos.

01/23/19

Philippines sets record gambling revenue

A steady stream of foreign high rollers contributed to a record gambling revenue.

01/23/19

Bernstein forecasts 8-12% GGR dip in Macau

According to brokerage Sanford C Bernstein, GGR will drop between 8-12% in Macau during January.

01/22/19

Mississippi casino revenue up in 2018

Overall gambling revenue increased in 2018 thanks to a good performance from sports betting.

01/22/19

Online performance helps GVC’s revenues in 2018

The group said that it expects revenue from 2018 to increase 9% year-on-year.

01/22/19

William Hill concerned over high street after drop in profits

The company is expecting a double digit drop in full year profits as it is set to be hit with a government crackdown on FOBTs.

01/18/19

Casino revenue hits all-time high in Pennsylvania

The combined revenue generated by casinos in Pennsylvania reached an all-time high in 2018.

01/17/19

Slot revenue down in Connecticut

Revenues at the two casinos in the state were down slightly in December 2018.

01/17/19

Delaware posts strong sports betting performance

Revenue from sports betting operations in the First State increased US$1.1 million in December.

01/16/19

Mississippi casinos thrive on sports betting

Mississippi casinos had their best December since 1992 after sports betting was legalised across the Gulf Coast.

01/16/19

UK gambling stocks drop after US DOJ opinion

Shares of British companies have fallen after the new opinion of the Department of Justice in the US.

01/15/19

Atlantic City gambling revenue up in 2018

Last year was the third straight year that Atlantic City’s casino revenue reported an increase.

01/15/19

UK greyhound racing receives contribution from bookmakers

Bookmakers in the country agreed a €3.5 million deal to send voluntary contributions to a racing fund.

01/15/19

Macau casino shares to counter downward trend

As GGR is set to shrink in 2019, JP Morgan expects casino shares not to follow as “all negatives have already priced-in.”

01/14/19

Ohio casino industry posts record revenue in 2018

Nearly US$1.9 billion were raked by Ohio’s casinos and racinos during 2018 and marked an industry record.

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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.