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Finance

Check the latest Finance news

11/21/18

Gateway Casinos files for US IPO

The Canadian company has filed for an IPO in the US to list its shares on the NYSE.

11/21/18

GAN highlights strong Q3 results

The gaming developer reported an increase in client revenue, helped by sports betting in New Jersey.

11/21/18

Israeli gambling firms assess FOBTs legislation

Gaming firms such as Playtech are expected to lose up to €170 million a year as consequence of the maximum stake limit set on FOBTs.

11/20/18

PGCB reports October’s DFS revenue

The board revealed that adjusted revenue for DFS contests increased approximately US$800k.

11/19/18

Louisiana casino win down 5.1 pct

The 20 gaming venues in the state posted a decline in winnings during October, the Louisiana Gaming Control Board revealed.

11/19/18

Hard Rock’s online casino hits $1 million revenue

The online casino hit the millionaire figure in monthly gross revenue just four months after launch.

11/19/18

National Lottery operator sees H1 growth

The company has experienced a growth in sales of 5.4% for the first six months of the year.

11/16/18

New Jersey reports revenue increase in October

The DGE showed that all gaming verticals in the state reported an improvement in revenue.

11/16/18

Connecticut reports decrease in casino revenue

The opening of the new MGM casino in Massachusetts has affected revenue in Connecticut facilities.

11/16/18

Table games revenue drops in Pennsylvania

The PGCB revealed that revenue from table games in October decreased by 8% in the state.

11/16/18

GVC Holdings shares jump 5.6 pct

The company’s stock value went up as a ruling in the UK excused it from a major cash disbursement to former Ladbrokes shareholders.

11/15/18

UK gambling shares rise after FOBTs change

Gambling firms saw their shares increase after the Prime Minister announced the delay change.

11/15/18

Osaka economy to thrive on IR

According to brokerage Nomura, if Osaka hosted the World Expo and an IR it would boost its economy.

11/14/18

Ladbrokes to terminate on-course bookmaking in Ireland

The British betting group is likely to cease on-course bookmaking activity in Ireland following a tax increase.

11/14/18

Universal Ent reports financial results

The gaming operator reported sales of €522 million for the first nine months of the year.

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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.