Tuesday 1 July 2025

IAG

No Result

View All Result

No Result

View All Result

IAG

No Result

View All Result

Casino revenue grows 18.5% for Korea’s Paradise Co in May

by Newsdesk

Wed 5 Jun 2019 at 05:07

Korea’s Paradise Co continues upward momentum in February

20

SHARES

445

VIEWS

Korea’s Paradise Co Ltd continued its strong start to 2019 with casino revenue rising 18.5% to KRW61.43 billion (US$52.2 million) in May.

The growth came entirely on the back of table game performance, which saw a 21.8% improvement over the same period last year to KRW57.76 billion (US$49.1 million), with slot machine revenue falling 17% to KRW3.68 billion. May’s casino revenue also represented a 7.5% increase on April numbers.

Casino revenue could have shown even stronger growth had luck played in Paradise’s favor: table drop for the month was up 28.2% year-on-year to KRW609.09 billion (US$517.7 million), taking the five-month total to start 2019 to KRW 2.85 trillion.

Casino revenue for the first five months of the year is up 17.5% to KRW279.96 billion.

Paradise operates four casinos in South Korea – Paradise City in Incheon, Walkerhill, Jeju Grand and Busan Casino.

RelatedPosts

Macau GGR continues recent resurgence by rising 19% year-on-year to MOP$21.1 billion in June

Tue 1 Jul 2025 at 12:52

Melco awarded 20-year license to operate City of Dreams Sri Lanka

Melco’s City of Dreams Sri Lanka casino and hotel to open on 2 August

Sun 29 Jun 2025 at 08:57

Far East given green light to spin-off and list Czech casino business on Hong Kong Stock Exchange

Hong Kong listed Palasino reports slight increase in revenue, profit in FY25 thanks to growing slot machine count

Fri 27 Jun 2025 at 06:13

SunTrust becomes listed tourism business as Suncity releases first renderings of Manila hotel and casino project

Suntrust’s US$1.25 billion Manila casino development facing further delay of up to nine months

Fri 27 Jun 2025 at 05:46

Load More

Tags: casino Paradise City Paradise Co revenue South Korea table drop table games

Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

Current Issue

Editorial – An inconvenient truth

Editorial – An inconvenient truth

by Ben Blaschke

Fri 27 Jun 2025 at 15:21

It’s understandable that political observers, academics and members of the public in greenfield jurisdictions would express caution around the legalization...

Light & Wonder’s Siobhan Lane

Light & Wonder’s Siobhan Lane

by Ben Blaschke

Fri 27 Jun 2025 at 15:19

Siobhan Lane, Light & Wonder’s highly experienced CEO of Gaming, speaks to Inside Asian Gaming about the company’s ongoing transformation...

Honesty is the best policy

Honesty is the best policy

by Ben Blaschke

Fri 27 Jun 2025 at 14:13

The Thailand Entertainment Complex Roundtable brought industry stakeholders, politicians and supporters of the government’s Entertainment Complex Bill face to face...

Sri Lanka’s casino industry

Sri Lanka’s casino industry

by Shaun McCamley

Fri 27 Jun 2025 at 13:36

Industry veteran Shaun McCamley delves into the complex history of Sri Lanka’s casino industry at a time when the country...

Evolution Asia

GLI

Mindslot

Solaire

Tecnet

NWR

Jumbo

568Win

Related Posts

Macau GGR comes in at MOP$18.9 billion in April, up 1.7% year-on-year

JP Morgan: Macau GGR surge seemingly sparked by direct VIP, ultra-premium mass gaming customers

by Ben Blaschke

Tue 1 Jul 2025 at 18:15

The unexpected resurgence of Macau gaming revenues over the past two months, which culminated in June GGR smashing consensus at 19% year-on-year growth, appears to have been supported by the performance of the high-end gaming segments, according to investment bank...

Thailand in political turmoil as Constitutional Court suspends Paetongtarn as Prime Minister over leaked phone call

Thailand in political turmoil as Constitutional Court suspends Paetongtarn as Prime Minister over leaked phone call

Tue 1 Jul 2025 at 15:26

Thailand’s fragile political situation took another dramatic turn on Tuesday as the Constitutional Court suspended Paetongtarn Shinawatra as Prime Minister pending an investigation into her leaked phone call with former Cambodia leader Hun Sen. Paetongtarn may still remain as culture...

On the brink

Macau GGR continues recent resurgence by rising 19% year-on-year to MOP$21.1 billion in June

by Ben Blaschke

Tue 1 Jul 2025 at 12:52

Macau’s casinos generated gross gaming revenue of MOP$21.06 billion (US$2.60 billion) in June, representing a 19.0% improvement over the same month last year and continuing the city’s recent growth spurt. The June figure was only slightly lower than May, when...

PAGCOR donates US$888,000 to Bureau of Immigration to help fund deportation of former POGO workers

PAGCOR donates US$888,000 to Bureau of Immigration to help fund deportation of former POGO workers

Tue 1 Jul 2025 at 08:54

Philippine gaming regulator PAGCOR has approved a Php50 million (US$888,000) grant to the Bureau of Immigration (BI) to fund the ongoing deportation of foreign workers previously employed by illegal offshore gaming operators, or POGOs, it revealed Tuesday. In a statement,...

No Result

View All Result

© 2005-2024
Inside Asian Gaming.
All rights reserved.