Friday, March 29, 2024

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Korea’s Paradise appoints co-CEO

South Korean casino operator, Paradise Co. Ltd, has appointed a co-CEO effective from March 22, to manage the company in partnership with Choi Seong Wuk.

Paradise Entertainment sees revenues rise 113% in 2023, eyes Southeast Asia market in 2024

Casino management services and electronic gaming equipment company Paradise Entertainment, reported significant improvements in Adjusted EBITDA across its key segments last year, and aimed...

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.

Paradise Co records a 55% increase in January gaming revenue

South Korean casino operator Paradise Co. reported a 54.9 percent uptick in casino gaming revenue on a year-on-year basis in January, totaling $56.3 million.

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).

South Korea’s Paradise Co and GKL gaming revenue down m-o-m in September

South Korean gaming operators Paradise Co and Grand Korea Leisure (GKL) reported a slight decline in net revenues on a month-on-month basis in September.