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Korean casino operators see continued growth in March

Korea’s revamp after COVID has continued, with foreigner-only casino operator Paradise Co reporting casino revenue of KRW42.71 billion ($32.5 million), up 129.5 percent yearly, while Grand Korea Leisure saw similar figures, topping KRW107.55 billion ($81.78 million), up 132.3 percent yearly.

Paradise saw the majority of its revenue come from its Paradise City complex, bringing in KRW24.55 billion ($18.67 million), up 28 percent yearly.

Japanese VIP play contributed the majority of VIP drop at Paradise during the month, topping KRW206.78 billion ($157.25 million), up 8.6 percent monthly.

Overall table revenue at the property was the major contributor, at KRW39.08 billion ($29.72 million), the slowest month so far this year, and down 7 percent monthly. Slots brought in KRW3.62 billion ($2.75 million), up 54 percent monthly.

Grand Korea Leisure saw table revenue rise strongly during the period, up 138.6 percent, topping KRW99.15 billion ($75.39 million), while slots revenue rose by 77.2 percent, to KRW8.39 billion ($6.38 million).

AGBrief Editorial
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The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.

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