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Finance

Check the latest Finance news

12/11/18

Macau’s GGR expected to grow in December

The latest estimations by Bernstein Research indicate that GGR will increase between 8 to 10%.

12/10/18

Mohegan Gaming reports fiscal Q4 results

The company reported a 27.2% year-on-year revenue decrease during the last quarter of the fiscal year.

12/10/18

Gambling brings US$385m into Pennsylvania coffers

The million-dollar result comes a year after a law was passed to expand gambling.

12/10/18

Maryland casinos report revenue rise

The state’s six casinos reported a 7.3% increase in revenues during last month’s operations.

12/07/18

Gambling firms in the UK see shares drop

The gambling firms took a hit on Thursday after a report indicating a ban on ads during live sports events emerged.

12/07/18

UK betting shops grow market yield

While the iGaming sector drove GGY results in the UK, land-based wagering was the second largest vertical.

12/07/18

iGaming continues to thrive in Denmark

While the land-based sector continues to decline, the iGaming performance has improved in most of its verticals.

12/06/18

iGaming helps gross gaming yield rise in the UK

The performance of the online gaming sector in the UK has helped the GGY increase by 4.2%.

12/06/18

Philippines’ GGR grows in first nine months of 2018

PAGCOR showed that GGR reached €2.64 billion in the first nine months of 2018 and already surpassed full year 2017.

12/06/18

Nevada revenue to grow through 2021

According to the Nevada Economic Forum, the state’s revenue will continue to grow over the inflation rate through mid-2021.

12/05/18

Slot machine revenue up in Pennsylvania

The authority reported the revenue results for slot machine activity in November.

12/05/18

Trade war pause boosts casino operators’ stock

Las Vegas’ casino operators with a presence in Macau saw their stock value rise after the US and China announced a pause in their trade war.

12/03/18

Philippines’ GGR to reach €20bn by the end of the year

The PAGCOR chair said that the billionaire figure would represent a 14% increase from 2017.

12/03/18

Macau’s gambling revenue up in November

The latest figures indicate that gambling revenue increased 8.5% in November in Macau.

12/03/18

Genting reports loss in third quarter

While the company reported a net loss of €313.7 million, revenue increased 14.5%.

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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.