• 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 up 39pct in Oct

Nov 02, 2018 Newsdesk Latest News, Rest of Asia, Top of the deck  


S. Korea’s Paradise Co casino revenue up 39pct in Oct

Casino revenue at South Korea’s foreigner-only casino operator Paradise Co Ltd rose 39.3 percent year-on-year in October, according to a Friday filing by the company to the Korea Exchange.

Such revenue was approximately KRW70.54 billion (US$62.5 million), compared to about KRW50.67 billion in October last year.

Last month’s table revenue rose 43.1 percent year-on-year to slightly above KRW67.58 billion. Gaming machine revenue however fell by 14 percent in October this year, to KRW2.96 billion.

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

For the first 10 months of 2018, Paradise Co’s aggregate casino revenue was up 19.3 percent from the prior-year period, to approximately KRW531.82 billion.

Table revenue for the calendar year to October 31 increased 19.6 percent year-on-year, to about KRW496.88 billion. Machine revenue for the first 10 months this year was up 15 percent, to nearly KRW34.94 billion.

Table drop – the amount of cash exchanged for chips by customers at the table – for the January to October period rose 12.7 percent year-on-year, to just above KRW4.76 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 in Seoul; Jeju Grand (pictured) 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
  • Kangwon drove 2021 S.Korea casino revenue growth: govt
    Kangwon drove 2021 S.Korea casino...

    May 18, 2022  

  • Kangwon Land back to pre-Covid capacity from May 16
    Kangwon Land back to pre-Covid capacity...

    May 13, 2022  

More news
  • Melco to launch new family attraction at Studio City in June
    Melco to launch new family attraction...

    May 19, 2022  

  • Andrew Lo takes controlling stake in Suncity, Summit Ascent
    Andrew Lo takes controlling stake in...

    May 19, 2022  


Latest News

Melco to launch new family attraction at Studio City in June

Melco to launch new family attraction at Studio City in June

May 19, 2022  

Casino operator Melco Resorts and Entertainment Ltd announced on Thursday that it would launch at the end of June a new, themed zone for “family-friendly” entertainment at its majority-owned...
Read More
Andrew Lo takes controlling stake in Suncity, Summit Ascent

Andrew Lo takes controlling stake in Suncity, Summit Ascent

May 19, 2022  

Okada Manila chair Manuel Lazaro dies aged 87

Okada Manila chair Manuel Lazaro dies aged 87

May 19, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


US$403.9 million

Interim normalised profit after tax and amortisation reported by slot machine maker and online gaming content provider Aristocrat Leisure



Most Popular

  • Wynn CEO, Macau execs in base pay cut in return for sharesWynn CEO, Macau execs in base pay cut in return for shares May 17, 2022
  • Macau repeat visitors denied visa by China says BernsteinMacau repeat visitors denied visa by China says Bernstein May 16, 2022
  • U.S. says Steve Wynn ‘foreign agent’, lobbied for ChinaU.S. says Steve Wynn ‘foreign agent’, lobbied for China May 18, 2022
  • Alleged bribe offer to ex-Wynn manager probed by HK, MacauAlleged bribe offer to ex-Wynn manager probed by HK, Macau May 17, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us