Korea’s Paradise Co tipped to achieve record revenue, profit in 2Q23

South Korea’s leading foreigner-only casino operator Paradise Co is tipped to achieve record revenue and profits for the June 2023 ...

Macao Government Tourism Office joins six concessionaires for promotional activities in South Korea

by Pierce Chan

15/07/2023

The Macao Government Tourism Office (MGTO) alongside representatives of Macau’s six concessionaires and other tourism bodies traveled to South Korea ...

Revenue falling for Korea’s only locals casino Kangwon Land

Illegal, grey market gambling seen as likely reason for slow post-COVID recovery at Korea’s Kangwon Land

by Ben Blaschke

15/07/2023

Investment bank JP Morgan has blamed the post-COVID proliferation of illegal and grey market gambling for a slower than expected ...

Lotte Tour to open Jeju Dream Tower within 2020 after final approvals received

Jeju Dream Tower suffers slight fall in casino sales to US$7.9 million In June

by Newsdesk

04/07/2023

Korea’s Lotte Tour Development reported casino sales of KRW10.3 billion (US$7.9 million) in June, down 9,8% month-on-month although 70.2% higher ...

Paradise Co casino sales stabilize in August but down 75% year-on-year

South Korea’s casino revenues soar in June

by Ben Blaschke

03/07/2023

Leading South Korean foreigner-only casino operators Paradise Co and Grand Korea Leisure both reported strong casino revenue growth in June, ...

Tag: South Korea