Monday, August 08, 2022

Paradise Co posts 65.9 percent revenue growth in June


South Korean casino operator Paradise Co has reported a 65.9 percent increase in casino revenue for the month of June, reaching KRW 57.6 billion (US$51.7 million), according to a filing from the company to the Korean Stock Exchange.

While machine revenue stayed stable year-on-year, table games revenue contributed the most to the month’s growth, increasing 71.8 percent year-on-year to KRW 54.6 billion.

The stellar results in June has boosted the company’s revenue for the first six months of 2018 to a total of KRW296.3 billion, up 23.7 percent year-on-year.

Paradise Co operates four casinos in South Korea, including Walker Hill, Jeju Grand, Incheon Paradise City and Busan Casino.

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

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