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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 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.

South Korea’s Paradise Co and GKL post strong monthly growth in revenue

South Korean gaming operators Paradises Co and Grand Korea Leisure (GKL) reported solid gaming revenue in June. Both companies recorded a double-digit monthly growth from May to June.

Paradise Co registers 1Q23 profit, with expectations for further Japanese/Chinese play

Korean foreigner-only casino operator Paradise Co has announced a 129 percent yearly increase in casino sales in the first quarter, topping KRW70.96 billion ($53.6 million), also a 19.7 percent quarterly increase. The group also returned to profit, garnering KRW6.99 billion ($5.27 million) in 1Q23.

Paradise Co records 162 percent yearly casino revenue increase in February

Foreigner-only South Korean casino operator Paradise Co has reported a 162.7 percent yearly increase in casino revenue for February, totaling KRW44.67 billion ($34.06 million). The figure, however, is a 7.2 percent drop from that recorded in January.

South Korea’s Paradise Co records $3mln loss in 4Q22

South Korean foreigner-only casino operator Paradise Co. narrowed its fourth-quarter loss in 2022 to KRW3.91 billion ($3.04 million), seeing a strongly yearly reversal from the same quarter in 2021 (loss of KRW47.04 billion - $36.64 million).

Paradise Co sees 168 percent yearly increase in January casino revenue, to $39.71 million

Paradise Co, the foreigner-only South Korean operator has reported casino revenue of KRW48.65 billion ($39.71 million) in January, up 168.2 percent yearly and a rise of 3.9 percent compared to the previous month.

Paradise Co reports 55% rise in sales, $29.15mln in profit for 3Q22

South Korean foreigner-only casino operator Paradise Co. has reported a 55.6 percent rise in sales during the third quarter of 2022, topping KRW189.48 billion ($140.3 million). The amount was also a quarterly rise of 80.1 percent.

Recovery in Grand Korea Leisure and Paradise Co seen in October

The gaming revenue results from Korea’s two largest foreign-only casino operators – Grand Korea Leisure (GKL) and Paradise Co – saw stark improvements in October, as relaxed COVID measures began to show results.

Paradise Co 4Q21 casino sales fell 9.9%, but saw strong hotel performance

South Korean casino operator Paradise Co. reported a 7.1 percent uptick in sales in 4Q21, supported mainly by a 57.3 percent increase in hotel sales.Â