Paradise Co reports 7.7 percent drop in Q1 casino sales

South Korean casino operator Paradise Co said casino sales fell 7.7 percent year-on-year in the first quarter of 2016.

Casino sales totalled KRW 137.2 billion (US$118.9 million) for the first three months ending March 31, compared to KRW 148.7 billion in the corresponding period in 2015.

Table game sales fell 7.3 percent year on year, to KRW 128.9 billion, whilst gaming machines sales declined 14.4 percent to KRW 8.3 billion.

In January, Paradise Co reported that casino sales fell 14.7 percent in the full year of 2015 to KRW 569.9 billion, compared to KRW 668.4 billion in 2014.