Thursday, April 25, 2024

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Paradise Co. records a 31.5% drop in March gaming revenue

South Korean foreigner-only casino operator, Paradise Co., reported a 31.5 percent drop in casino gaming revenue on a month-to-month basis in March, totaling KRW 54.98 billion ($40.7 million).

Paradise Co. gaming revenue rose sharply, GKL sales down in February

Foreigner-only casinos Paradise Co. and Grand Korea Leisure (GKL) both updated their February gaming revenues. 

Korea’s Paradise Co. records 74% quarterly drop in operating profits for 4Q23

South Korean casino operator, Paradise Co. Ltd, reported a considerable drop in operating profits in the fourth quarter of 2023.

South Korea’s Paradise Co. sees a 112.8% uptick in 2023 gaming revenue

Korean casino operator Paradise Co. has reported a 112.8 percent increase in gaming revenue this year compared to 2022. The group generated KRW744.2 billion ($570.5 million) in casino revenue.

South Korea’s Paradise Co. gaming revenue down 6.2 percent m-o-m in November

South Korean foreigner-only casino operator, Paradise Co., reported a 6.2 percent decline in casino gaming revenue on a month-on-month basis in November, amounting to KRW56.58 billion ($43.3 million). 

Paradise Co. records “highest ever” quarterly operating profit in 3Q23

South Korean casino operator, Paradise Co. Ltd, has achieved a 'highest ever quarterly operating profit' of KRW 57.1 billion ($44 million) in the third quarter of 2023. This figure represents a 4.1 percent increase on a quarterly basis and a remarkable 49 percent year-on-year growth.

South Korea’s Paradise Co. gaming revenue was down 17.3% m-o-m in October

South Korean foreigner-only casino operator, Paradise Co., reported a 17.3 percent decline in casino gaming revenue on a month-on-month basis in October, amounting to KRW 61.01 billion ($45.8 million).

Paradise Co. profits with 188 percent hike in 2Q23

South Korean casino operator Paradise Co Ltd has revealed a gradual recovery in casino sales after restrictions were lifted for foreign visitors, with its operating profits jumping 188.5 percent quarter-to-quarter to KRW5.4 billion ($4.1 million), and net profits growing three-fold to KRW3.7 billion ($2.8 million)

Paradise Co. reports 32 percent decline in July revenue

South Korea foreigner-only casino operator Paradise Co. reported a 32 percent decline in net revenues on a month-on-month basis, at KRW63.51 billion ($49 million).

Paradise Co. sees 30% monthly uptick in May revenue, as Japanese players return in droves

Korean casino operator Paradise Co. has reported a 30 percent monthly increase in gaming revenue, and a 313.3 percent yearly increase, to KRW70.13 billion ($53.09 million) in May.