Revenue rise fails to halt casino groups’ share slides
By IAN EVANS
Macau’s first increase in gaming revenues for three months, reported yesterday, failed to lift the gloom and shares in Las Vegas-based casino operators with resorts there fell after the news. The better than expected 3% rise followed a 3% fall in October and a 1% drop in September.
The “winner” in terms of smallest [...]
Restructured Sportingbet sees promise in rising turnover
Another online gaming site has reported improved revenues which go against the current air of doom and gloom on the stock markets. Sportingbet plc said turnover was up 24% to £1.36bn for the year to the end of July.
The total value of sports bets in Europe grew by 27.5% to £764.9m during that period, earning [...]