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Paradise expected to post $13.3 million loss
South Korean casino operator Paradise Co is expected to record a consolidated operating loss of KRW14.9 billion ($13.3 million) in the first quarter of 2021, according to analysts from Shinhan Investment Corp.
Jeju casino sales fall 64 percent in 2020
Jeju’s foreigner-only casinos have seen a sharp 64 percent drop in sales, and a decrease of employees to the tune of 20 percent as a result of the coronavirus pandemic.
Paradise Co. sees sales fall 51.2 percent in May
Paradise Co. announced on Wednesday that the May sales of its casino division fell 51.2 percent from the same month last year. The total...
SkyCity posts flat annual profit
New Zealand hotel and casino operator SkyCity Entertainment Group has reported flat normalised earnings and profit in full year financial results released on Wednesday.
Paradise net profit down 86.5 pct, casino revenue up
South Korean casino operator Paradise Co reported a 86.5 percent year-on-year decrease in net profit for the third quarter of 2017, down to KRW1.4...
Paradise Co 17Q1 profit plunges on VIP luck
Paradise Co reported a 92 percent plunge in net profit in 17Q1, due to a downturn in casino sales caused by unfavorable VIP luck.
The...
Paradise Co sees 7.2 percent increase in casino sales in Nov
Paradise Co Ltd. has reported an increase in casinos sales for the month of November, up 7.2 percent year-on-year to KRW53.91 billion (US$46.1 million)...
Paradise Co nearly doubles casino sales year-on-year in June
South Korean casino operator Paradise Co Ltd has reported casino sales up 99.2 percent in June, compared to the same month in 2015.
Casino sales...
Australasian Gaming Expo (AGE) 2021
The Australasian Gaming Expo (AGE) is the place to see new products and services, network, attend thought-provoking seminars, seek business partners and generate sales....
Life After POGOs – AGB Pop-Up Forum
The Philippines and Asia’s online gaming industry is going through uncertain times, with the gaming regulator seeing more and more operators leaving the country for greener pastures.
Acquiring & Retaining iGaming Customers
In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.
Asia Gaming Briefings – June 2021 Edition
For this edition of our magazine, we focus on Southeast Asia, with a particular look at the Philippines. The country’s casino industry has been among the hardest hit in Asia, with the integrated resorts in Manila’s Entertainment City having remained mostly closed to the general public since the beginning of the crisis last year.
Asia Gaming Briefings – April 2021 Edition
In this April edition of Asia Gaming Briefings we take the pulse of how the North Asia jurisdictions of Japan, Korea and the Russian Far East have fared.
Asia Gaming Briefings – Feb 2021 Edition
The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.