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Finance

Check the latest Finance news

11/09/18

AGA studies tribal gaming’s economic impact

The association released a study that details state-by-state economic impact of tribal gaming in the US.

11/08/18

MGM praises Macau’s future

MGM Resorts CEO James Murren assured that Macau’s gaming market has the potential to grow even bigger than it already is.

11/07/18

Maryland casinos set revenue record in October

Gaming revenue in the state achieved a new record during last month’s operations.

11/07/18

Morgan Stanley forecasts big success for sports betting

According to the financial services firm, the segment will pay off big to US casinos over the next few years.

11/07/18

William Hill’s profits to suffer with FOBTs crackdown

The company’s shares dropped on Tuesday after it warned of a decline in annual profit.

11/06/18

Tribal gaming revenue increases during FY2019 in Arizona

The local gaming regulator revealed that tribal gaming contributions increased during the second quarter of the current fiscal year.

11/06/18

Paddy Power Betfair reports Q3 results

The company saw group revenue increase by 10% during the three-month period.

11/06/18

Slot machine revenue down in Pennsylvania

The state’s gross revenue from slot machines suffered a 1.7% decrease in October.

11/05/18

Penn National reports net revenue fall in Q3

The company reported its third quarter financial results, which show an increase in income but a net revenue fall.

11/05/18

Revenue increase for MGM China

VIP gaming helped the casino operator achieve a 38% increase in revenues in the third quarter.

11/02/18

Macau’s October casino revenue was the highest since 2014

Casino revenue grew 2.6% during last month to €2.97 billion and posted an increase for the 27th month in a row.

10/31/18

Loto-Quebec reports 1H fiscal year results

The gambling monopoly reported a revenue increase for the first half of the current fiscal year.

10/31/18

Sportsbooks in Nevada set revenue record

The return of the NFL season has helped the state overturn a two-month streak of revenue decline.

10/29/18

China increases lottery sales in September

The lottery sales in Mainland China increased 13.3% during last month’s operations.

10/26/18

Macau drives Las Vegas Sands growth in 3Q18

Las Vegas Sands Corp revenue grew 6.7% to US$3.37 billion during the third quarter, mainly thanks to Macanese operations.

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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.