• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

S. Korea’s Paradise Co casino revenue jumps 50pct in April

May 10, 2019 Newsdesk Latest News, Rest of Asia, Top of the deck  


S. Korea’s Paradise Co casino revenue jumps 50pct in April

Casino revenue at South Korea’s foreigner-only casino operator Paradise Co Ltd rose by 49.5 percent year-on-year in April, according to a Thursday filing by the company to the Korea Exchange.

Such revenue was approximately KRW57.13 billion (US$48.5 million), compared to about KRW38.21 billion in April last year.

Last month’s table revenue increased by 50.8 percent year-on-year to nearly KRW53.53 billion, from KRW35.49 billion a year earlier.

Machine revenue rose by 32.5 percent year-on-year in April this year, to approximately KRW3.61 billion, from KRW2.72 billion in the prior-year period.

No commentary on the reasons for year-on-year revenue fluctuations is given in the company’s monthly updates.

For the first four months of 2019, Paradise Co’s aggregate casino revenue was up 17.2 percent from the prior-year period, to approximately KRW218.53 billion.

Table revenue for the calendar year to April 30 rose by 17.7 percent year-on-year, to nearly KRW203.48 billion. Machine revenue for the opening four months this year was up 11.3 percent, to KRW15.05 billion.

Table drop – the amount of cash exchanged for chips by customers at the table – for the first four months of 2019 rose by 23.1 percent year-on-year, to just over KRW2.24 trillion.

Paradise Co’s latest casino figures are based on the results of four venues it operates in its casino business division. They are: Walkerhill (pictured) in Seoul; Jeju Grand on Jeju Island; Busan Casino in the southern port city of Busan; and Paradise City, in Incheon, near the main international airport serving the country’s capital Seoul.


  • tweet
Related articles
  • S.Korea casino op GKL’s January sales up 230pct y-o-y
    S.Korea casino op GKL’s January...

    Feb 03, 2023  

  • Pagcor CEO confident gaming sector will fully recover soon
    Pagcor CEO confident gaming sector will...

    Feb 03, 2023  

More news
  • Return of tours good for mass floor traffic: observers
    Return of tours good for mass floor...

    Feb 03, 2023  

  • Aristocrat completes acquisition of Roxor Gaming
    Aristocrat completes acquisition...

    Feb 03, 2023  


Latest News

Return of tours good for mass floor traffic: observers

Return of tours good for mass floor traffic: observers

Feb 03, 2023  

The imminent return of package tours from mainland China will not only help boost Macau’s tourism businesses, but is also expected to help casinos gain more foot traffic in their mass gaming...
Read More
S.Korea casino op GKL’s January sales up 230pct y-o-y

S.Korea casino op GKL’s January sales up 230pct y-o-y

Feb 03, 2023  

Aristocrat completes acquisition of Roxor Gaming

Aristocrat completes acquisition of Roxor Gaming

Feb 03, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”We are confident that the Philippine gaming sector will be able to fully recover, or even surpass its pre-pandemic earnings soon”

Alejandro Tengco

Chairman and chief executive of Pagcor



Most Popular

  • Jaw-dropping wagers in Macau CNY survey: CitigroupJaw-dropping wagers in Macau CNY survey: Citigroup February 2, 2023
  • Mainland tour groups to Macau to resume Feb 6: govtMainland tour groups to Macau to resume Feb 6: govt February 3, 2023
  • Return of tours good for mass floor traffic: observersReturn of tours good for mass floor traffic: observers February 3, 2023
  • Aruze Gaming America opts financial rejig after legal matterAruze Gaming America opts financial rejig after legal matter February 2, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us