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    Paradise Feb. revenue rises 13.5 percent on table games

    Paradise Co., the owner of foreigner-only casinos in South Korea, reported a 13.5 percent increase in February revenue year-on-year, but sales slipped from the prior month and new Chinese travel curbs may further slow growth. The company said in a Korean Stock Exchange filing that its February revenue was KRW 42.61 billion, boosted by table […]

    Paradise casino sales pick up in April

    Korea’s Paradise Co reported a 9.4 percent increase in April sales over the same month last year, though for the first four months of the year, sales are still 2.9 percent lower than in 2015. Casino sales in April were 56.48 billion won ($48.4 million), compared with 51.62 billion a year earlier. Compared with March […]

    South Korea’s Paradise Co. Q2 profit almost halves

    South Korean casino operator Paradise Co. reported a 17 percent drop in Q2 revenue, while net profit almost halved. Revenue was 143 billion won ($122.8 million), down from 172.5 billion won in the year-ago period. Net profit was 12.6 billion won, down 47 percent. Sales from the casino business, the largest segment, dropped by 17.6 […]

    Paradise net profit down 20.5 percent in 15Q1

    South Korean casino operator Paradise Co. Ltd reported a decrease of 20.5 percent in net profit for the first quarter of 2015 to KRW40.5 billion ($37.1 million). The company’s revenue for the first three months ended March 31 declined 11.2 percent year-on-year to KRW151.4 billion, mainly caused by a 13 percent fall in casino revenue […]

    South Korea’s Paradise 2014 GGR rises 3.8 percent

    South Korea’s Paradise Co. posted a 3.8 percent gain in 2014 gross gambling revenue to 591,267 billion Korean won ($541.6 million).. Table sales were up 3.5 percent, while slot machine sales rose 10.4 percent. For December the company posted a 3.3 percent increase in GGR with table sales up 3 percent and machines gaining 8.2 […]
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