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.
The information was revealed in a filing to the Korea Exchange, with Choi Jong Hwan now selected to focus on management and finance, while is co-CEO will focus on overseas issues.
Paradise Co. specializes in operating foreigner-only casinos, including Walker-Hill, Jeju, Incheon Paradise City, and Busan Casino.
The foreigner-only casino operator reported a considerable drop in operating profits in the fourth quarter of 2023.
Previously Choi Jong Hwan acted as Co-President and Director of Paradise Company Limited. since January 1, 2015.
