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Financial News

20th October
Tribal gaming has an economic impact of almost $100bn, AGA reports
The American Gaming Association (AGA) has this week published a state-by-state analysis of the economic impact of tribal gaming in the...
20th October
Nevada Gaming Commission approves $850m property deal
The five members of the Nevada Gaming Commission have unanimously voted to approve Golden Entertainment’s $850m deal to acquire four casino...
16th October
Macau gaming revenue plunges in Q3 while Manila slows down
A winning three-month period in Macau’s VIP rooms helped Asia’s premier gambling hub reach gaming revenues of MOP67bn ($6.2bn) from July...
16th October
Hospitality sector to dip after Las Vegas Shooting
Las Vegas is arguably one of the most popular tourist destinations in the United States, with conventions and casinos bringing more...
13th October
Cherry approved for NASDAQ Stockholm listing
Cherry, the Swedish gaming company, has had class B shares approved for listing on NASDAQ Stockholm. The company was established...
13th October
New Jersey online casino revenue up 26% in September
New Jersey’s online casinos have reported a 26% year-on-year increase in revenue for the month of September but this total is...
12th October
Landing International finalises sale of London casino
The Hong Kong-listed Landing International has announced this week it has completed the sale of its London venue Les Ambassadeurs Club...
12th October
GVC Holdings group gaming revenues up 10% in Q3 2017
Online gaming group GVC Holdings has revealed that its group gaming revenues increased by 10% year-on-year for the third quarter of...
12th October
Australian casinos lift VIP segment
Australian casinos are reported to have significantly increased their VIP volumes during the first quarter of the 2017-2018 financial year. ...
12th October
Nektan net gaming revenues up 88.4%
Worldwide online gaming services provider, Nektan has revealed that its net gaming revenues have increased by 88.4% year-on-year for the first...
11th October
South Korea’s Paradise posts 34% revenue jump in September
The only international casino operator in South Korea Paradise Ltd has closed the summer in positive numbers, posting 34% revenue increases...
9th October
Genting HK to depart Singapore Stock Market
Casino operator Genting Hong Kong has announced its plans to delist its unit from the Main Board Singapore Stock Exchange (SGX),...
6th October
US Casino Industry worth $3.4bn in August
A bumper month in Nevada’s casinos helped the US casino industry reach gaming revenues of $3.4bn according to data compiled by...
6th October
Adelson family and Sands donate $4m to Vegas relief fund
The Adelson Family Foundation and The Las Vegas Sands will be contributing $4m to a relief fund set up for those...
5th October
888 Holdings shares fall 6% following O Shaked sale
888 Holdings is looking for new investors today after the family of 888 Co-Founder, Aharon Shaked sold the entirety of their...
4th October
Operators face "punitive" taxation measures in Trinidad and Tobago
The Government of Trinidad and Tobago has released its new tax plan, which will see in 2018 a double taxation for...
3rd October
McGregor vs. Mayweather fight increases Vegas sporstbook revenue by 1,651% in August
The McGregor vs. Mayweather fight increased Las Vegas sportsbook revenue by an unbelievable 1,651% in August, creating a positive multiplier effect...
3rd October
Scientific Games outlines NYX acquisition funding deal
Gaming heavyweight Scientific Games have announced the offering of $350m in senior secured promissory notes as a method of securing funding...
2nd October
Macau hits 14-month streak of revenue increases
Macau’s monthly gaming revenue continued to grow in September as the world’s biggest casino hub extends its 14-month winning streak. ...
2nd October
IGT extend Californian lottery partnership
International Game Technology (IGT) and the Californian lottery will be extending their partnership up until 2026. The deal was made between...
29th September
Texas lottery hits $5bn in annual sales
Organisers of the The Texas state lottery have revealed that sales in 2017 have reached a record $5.077 billion. Players...
29th September
Irish National lottery hits record sales
The Irish National Lottery (INL) has reported an increased turnover of 12% for 2016 as a result of record sales totalling...
28th September
Genting put £40m London casino for sale
Asia focused casino operator, Genting Malaysia have put Maxim’s Casino Club in London up for sale, with an estimated asking price...
28th September
Lottoland gets approval for own insurance firm
The Lottoland Group has announced the establishment of their own insurance firm, Fortuna Insurance PCC Limited, receiving their insurance licence in...
25th September
Finnish gaming monopoly sees profit decline
Veikkaus, Finland’s state-owned gaming operator, has recorded a loss in turnover citing one-off merger costs for the decline and claiming increased...
22nd September
Sales of Chinese lottery tickets soar
The Chinese lotteries have seen ticket sales rocket in August following strong growth in July, according to the country's Ministry of...
18th September
Codere up 7% in H1 revenues
So far, 2017 has been all smiles for the Spanish gaming operator Grupo Codere. The firm has released its H1 financial...
15th September
Landing International raising funds for Jeju Shinhwa World
Hong Kong based Landing International has raised more funds for their Korean integrated result by completing the issuing of 24billion new...
15th September
Online gaming sector growing strong in New Jersey
The state of New Jersey has released its August 2017 Gaming Revenue Results. There was strong growth for the online...
15th September
Swedish gaming market grows in H1
Swedish gaming regulators Lotteriinspektionen have released the country's H1 results for gaming markets, showing tepid growth in Sweden’s regulated market for...
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