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Tag Archives: Paradise Group

North Korea – South Korean shares rally following North Korean casino suggestion

A government official from North Korea has pitched the construction of a casino to US President Donald Trump, asking for US investment for an integrated casino resort in Wonsan, a port city on the country’s east coast. Kim Yong Chol, Vice Chairman of the Central Committee of the Workers’ Party, meet with President Trump at…

South Korea – Paradise reports poor start to 2015

South Korean casino operator Paradise said GGR for the first quarter of 2014 decreased 11.6 per cent compared with the previous year, dropping to KRW133.3bn (US$122.2m). The fall in revenue was due to a drop in table games, which were down 12.9 per cent year-on-year, to KRW124.6bn. Table drop decreased by 22.7 per cent year-on-year…

South Korea – Paradise and Sega-Sammy reveal Incheon blueprint

South Korea’s largest casino operator Paradise Group has unveiled its plans to build Paradise City by 2017 at a cost of US$1.799bn at the International Business Center at Incheon International Airport in Yeongjong Island in the north west of the country.  Paradise’s joint venture with Japanese entertainment group Sega Sammy Holdings will include a 11,190-sq….