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South Korea – Paradise records steep rise in revenues

By - 7 January 2019

South Korean casino operator Paradise Co managed to boost its GGR during 2018 by 15.8 per cent, reaching KRW638.3bn (US$570.6m) for the year.

Both tables and slots were key drivers in the increase with table revenue up by 15.7 per cent year-on-year to KRW595.7bn and slot revenue increasing by 16.9 per cent to KRW42.6bn.

Paradise operates four casinos; Walkerhill in Seoul, Jeju Grand on Jeju Island, Busan Casino in the port city of Busan; and Paradise City in Incheon.

December saw Paradise’s casino revenue rise by 8.4 per cent from December 2017 with revenue reaching KRW55.5bn.

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