• 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 slightly in Sept

Oct 04, 2018 Newsdesk Latest News, Rest of Asia, Top of the deck  


S. Korea’s Paradise Co casino revenue up slightly in Sept

Casino revenue at South Korea’s foreigner-only casino operator Paradise Co Ltd rose 0.9 percent year-on-year in September, according to a Thursday filing by the company to the Korea Exchange.

Such revenue was approximately KRW53.07 billion (US$47.1 million), compared to about KRW52.57 billion in September of 2017.

Last month’s table revenue fell by 1.0 percent to about KRW49.48 billion, from nearly KRW49.96 billion in the prior-year reporting period.

Paradise Co’s machine revenue rose by 37.4 percent year-on-year, to approximately KRW3.59 billion in September.

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

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 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.

Paradise City opened to the public last month the second stage of its phase one development. The new amenities include a shopping mall, a boutique hotel, a spa, a club, a film studio, a family entertainment compound and an art gallery.

The first phase of Paradise City (pictured) – a venture between Paradise Co and Japanese pachinko operator Sega Sammy Holdings Inc – opened on April 20, 2017.

For the first nine months of 2018, Paradise Co’s aggregate casino revenue was up 17.0 percent from the prior-year period, to nearly KRW462.38 billion.

Table revenue for the calendar year to September 30 rose by 16.9 percent year-on-year, to approximately KRW430.40 billion. Machine revenue for the first nine months this year was up 18.7 percent, to about KRW31.98 billion.


  • tweet
Related articles
  • RFKR submits year extension bid on S.Korea casino build plan
    RFKR submits year extension bid on...

    Feb 01, 2023  

  • South Korea extends travel restrictions on China arrivals
    South Korea extends travel restrictions...

    Jan 30, 2023  

More news
  • Macau ops track earlier recovery after Jan GGR: analyst
    Macau ops track earlier recovery after...

    Feb 01, 2023  

  • Prominent locals speak in court for Tak Chun boss Levo Chan
    Prominent locals speak in court for Tak...

    Feb 01, 2023  


Latest News

Macau ops track earlier recovery after Jan GGR: analyst

Macau ops track earlier recovery after Jan GGR: analyst

Feb 01, 2023  

Most of Macau’s casino operators are likely to generate positive free cash flow in the first quarter, given the robust recovery level of mass-market gross gaming revenue (GGR) in January, relative...
Read More
Prominent locals speak in court for Tak Chun boss Levo Chan

Prominent locals speak in court for Tak Chun boss Levo Chan

Feb 01, 2023  

January travel lift, CNY sees Macau GGR up 233pct m-o-m

January travel lift, CNY sees Macau GGR up 233pct m-o-m

Feb 01, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”Momentum is expected to grow as mainland China recently reopened its borders, and this presents a substantial growth potential for us as historically a large portion of our clientele came from China”

Porntat Amatavivadhana

Non-executive chairman of Donaco International



Most Popular

  • Available Macau casino tables busy at tail of CNY holsAvailable Macau casino tables busy at tail of CNY hols January 27, 2023
  • Macau CNY mass GGR maybe 60pct plus of CNY 2019: JPMMacau CNY mass GGR maybe 60pct plus of CNY 2019: JPM January 31, 2023
  • January travel lift, CNY sees Macau GGR up 233pct m-o-mJanuary travel lift, CNY sees Macau GGR up 233pct m-o-m February 1, 2023
  • Chinese comeback limited impact on Singapore IRs: bankChinese comeback limited impact on Singapore IRs: bank January 31, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us