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South Korea: increasing their revenues strongly

Published date: 2018-04-10
South Korean casino operator Paradise Company managed to increase its annual revenues by 33.9 % in March

South Korean casino operator Paradise Company managed to increase its annual revenues by 33.9 % in March, with a total of US$49.5m.




However, their competition saw growth in important number, meaning that the foreigner-only casinos saw table revenue increase by 35.1% year-on-year in March to nearly US$45,597m and Slots revenue increased by 18.9% to US$3,2m, according to the numbers from the government (Moon Jae-in, actual president and pictured) and enterprises of the country.

This has been a good year for the operator so far with revenue for the first quarter up 19.9% to KRW149.37bn. READ SO: South Korea celebrates the opening of a new integrated resort in Jeju island

It operates four casinos; Walkerhill in Seoul, Jeju Grand on Jeju Island, Busan Casino in Busan and Paradise City in Incheon.


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