Casinos sales down, hotel sales up as COVID rollercoaster continues for Korea’s Paradise Co in 2Q21

Bad luck limits Paradise Group’s growth in January

Leading South Korean foreigner-only integrated resort operator Paradise Co has reported a 2Q21 net profit of KRW23.5 billion (US$20.4 million), ...

Casino revenue down 56% in July for Korea’s Paradise Co

by Newsdesk

02/08/2021

South Korea’s leading foreigner-only casino operator, Paradise Co, has reported a 56.3% month-on-month decline in casino revenue to KRW6.95 billion ...

Caesars sets max future Korea CapEx at US$60 million

Renewed hope for Incheon development after Midan City owner secures additional funding

by Newsdesk

19/07/2021

Development work on South Korea’s Midan City Resort Complex could resume by October amid reports that its owner, Chinese construction ...

Completion of former Caesars Korea IR project likely delayed until 2025: reports

by Newsdesk

01/07/2021

Midan City Resort Complex, the South Korean integrated resort and casino project previously overseen by US gaming giant Caesars Entertainment, ...

Damage Control – Korea’s COVID calamity

by Ben Blaschke

07/06/2021

Inside Asian Gaming takes a closer look at South Korea’s embattled foreigner-only casino market as it battles to survive a ...

Tag: Incheon