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Paradise Co. 2018 revenue gains 16 percent 


Paradise Co. reported an almost 16 percent gain in casino revenue for 2018, with both table games and machine revenue showing strong growth.

Total revenue for the year was KRW638.3 billion ($570.6 million), with table revenue up 15.7 percent to KRW595.7 billion and machine revenue up 16.9 percent to KRW42.5 billion.

For December alone, the operator reported an 8.4 percent increase in revenue to KRW55.5 billion, with table revenue up 8.4 percent and machine revenue gaining 32.2 percent.

The company operates the Walker-hill, Jeju Grand, Incheon Paradise City and Busan Casino, which are all foreigner-only properties.

For 2018, Paradise reported total table drop of KRW5.8 trillion, up 14.4 percent.

 

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