Financial News

News covering financial aspects of the betting and gambling industry, concerning loans, shares, property sales and general gaming company finances.

Borgata Casino and New Jersey reach tax appeal settlement

New Jersey has agreed to pay $72 million Atlantic City's Borgata casino to in order to settle a long-running tax dispute. Jeff Chiesa, former U.S. senator and New Jersey attorney general, announced that this payment was less than half the amount the city owed the casino from a series of successful tax appeals between 2009 and 2015 filed by the operator. Atlantic City was unable to pay the full $165 million it owed the Borgata, so the casino drop...

16 February, 2017 | Financial Industry

NetEnt record sales pushed by mobile gaming in Q4

15 February, 2017 | Financial

Weak fourth-quarter margin hit Kambi’s closing year results

14 February, 2017 | Financial Sports Betting Industry

Kindred Group reaches all-time high in the fourth quarter

6 February, 2017 | Online Financial Mergers & Acquisitions Industry

Kenny Alexander exclusive: "We are confident in GVC’s continued growth and resilience"

2 February, 2017 | Online Casino Financial Sports Betting

GVC seize a successful January following a promising Q4

1 February, 2017 | Land-Based Casino Financial

Macau gaming revenue only up 3.1% in January

27 January, 2017 | Land-Based Casino Financial Industry

Chinese New Year set to boost Macau’s revenues

26 January, 2017 | Financial

As costs continue to rise, Rank Group's first half-year core profits fall

23 January, 2017 | Financial

Paddy Power Betfair sees 2016 earnings hit mid-point

20 January, 2017 | Online Financial Industry

Amaya updates guidance ranges for 2016 as CFO retires

19 January, 2017 | Land-Based Casino Financial Legal & Regulatory Industry

Caesars finally settles $18bn bankruptcy case

17 January, 2017 | Online Land-Based Casino Financial Industry

Atlantic City breaks ten year losing streak all thanks to online gambling

13 January, 2017 | Financial Industry

Paysafe profits for 2016 set to hit $300m for the first time

11 January, 2017 | Online Poker Financial

Amaya creates new financial agreement with former PokerStars owners

9 January, 2017 | Financial Industry

Amaya amends Rational Group payments plan

9 January, 2017 | Online Land-Based Financial Sports Betting Industry

William Hill updates full year outlook as difficult December impacts profits

3 January, 2017 | Land-Based Casino Financial

Macau experiences third successive year of decline

28 December, 2016 | Lottery Financial Industry

UK National Lottery reaches new record of winning tickets in 2016

28 December, 2016 | Land-Based Casino Financial Legal & Regulatory

Pennsylvania warns Sands not to neglect tax obligations

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