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 revenue reached KRW 61.4 billion (US$52 million), compared to KRW 51.8 billion in May 2018.

In a filing to the Korean Stock Exchange, Paradise said that table games revenue was the main contributor to this growth, increasing 21.8 percent year-on-year to KRW 57.8 billion, and making up for 94 percent of all casino revenue.

Gaming machine revenue, however, fell 17 percent in the same month.