Monday, August 19, 2019
Home North Asia South Korea

South Korea

Korea, Paradise City

Paradise Q2 loss widens

Paradise Co., which operates foreigner-only casinos in South Korea, posted a wider Q2 loss although revenue gained.

Landing expects net loss for six months to June 30

Landing International has informed its shareholders that it expects to record a net loss for the six months ended June 30, due in part...
Paradise

Paradise July revenue jumps 19 percent

Paradise Co, which operates four casinos in South Korea, reported a 19 percent gain in July revenue, driven by table games.

Seven Luck installs SG’s Quartz Hybrid

Scientific Games Corporation completed the first installation of its newest electronic table system terminal QUARTZ HYBRID at the Seven Luck Casino in Gangnam Seoul,...
GKL Seven Luck

Korea’s foreigner-only casinos post strong gains in 2018

South Korea’s foreigner-only casinos posted strong revenue growth in 2018, gaining 34 percent over the prior year, according to figures from the country’s National Gambling Control Commission.
Paradise

Paradise casino revenue up 19 pct in 19H1

Casino operator Paradise Co said it saw its casino revenue increased 19 percent year-on-year in the first half of 2019, compared to the prior-year...

GKL May sales slip 3 percent

Grand Korea Leisure reported a 2.9 percent decline in casino sales for May, pulled down by a drop in revenue from table games.

First Korea Gaming Congress set for July

Incheon city will be the venue for the first Korea Gaming Congress, scheduled to be held July 17 and 18. According to the organizers, over...

Opposition party reportedly revives locals casino proposal

An opposition party has called on the government to allow the development of a casino that South Korean nationals would be allowed to enter on Saemangeum reclaimed land, located in North Jeolla Province, as a means to boost tourism.

Paradise Co casino revenue up 18.5 pct in May

Casino revenue for South-Korean operator Paradise Co Ltd rose 18.5 percent year-on-year in May, driven by a continued surge in table game revenue. Said...

TRENDING ARTICLES

Nagaworld

Naga 3 to be 90 percent non-gaming with focus on tech

NagaCorp says 90 percent of its $3.5 billion Naga 3 property will consist of non-gaming amenities, with a strong focus on high-tech elements.
Dynam pachinko hall

Dynam reports 1.2% revenue growth in April-June

Dynam Japan Holdings, the largest pachinko company measured by its number of parlors, reported to the Hong Kong Stock Exchange a 1.2% increase in total revenues in the April-June 2019 period, boosted by its low playing cost halls.

Pacquiao One Punch KO

Ganapati PLC’s latest initiative packs quite a punch. The global supplier of Japanese content recently announced its intention to produce an official Manny Pacquiao...
Macau casino floor

HK protests begin to hit Macau revenue: Bernstein

The street protests that have been rocking Hong Kong for the past nine weeks are beginning to have an impact on gross gambling revenue in Macau, Bernstein analysts wrote in a note.

Okada Manila opens rooms as July revenue jumps

Universal Entertainment said Okada Manila is opening more hotel rooms to accommodate visitors as its July revenue spiked 48 percent from the prior year.