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Reports

South Korea: Paradise Co Reports $48 Million in Casino Revenue for January

Tuesday 04 de February 2025 / 12:00

2 minutos de lectura

(Seoul).- Leading Korean foreigner-only casino operator Paradise Co reported casino revenue of KRW70.4 billion (US$48.1 million) in January, down 2.3% year-on-year although 1.0% higher than in December, according to information filed with the Korea Exchange.

South Korea: Paradise Co Reports $48 Million in Casino Revenue for January

The January figure included a 0.4% sequential decline in table games revenue to KRW65.8 billion (US$45.0 million) while machine revenue grew by 24.5% to KRW4.65 billion (US$3.18 million).

Table drop of KRW579.4 billion (US$397 million) was up 7.1% on December and 1.8% compared with the same period in 2024.

The January result follows a strong 2024 for Paradise, when casino revenues climbed by 10.2% to KRW818.8 billion (US$556 million) – cementing its position as the country’s leading foreigner-only casino operator.

Paradise, which recently revealed plans to develop a luxury hotel in Seoul and upgrade its VIP gaming areas to improve its appeal to international guests, operates four casinos in Korea including integrated resort Paradise City in Incheon – a joint venture with Japan’s Sega Sammy – plus casinos in Seoul, Busan and Jeju.

Categoría:Reports

Tags: Sin tags

País: South Korea

Región: Asia

Event

GAT Expo CDMX 2025

28 de August 2025

GAT Expo Mexico 2025 closes with an international agreement and the creation of FIJA Federation

(Mexico City, SoloAzar Exclusive).- The 2025 edition of GAT Expo Mexico culminated with a historic announcement: the creation of the International Federation of Games of Chance (FIJA), the result of an agreement between GAT Events and the main regulators in Latin America. This milestone marks a new chapter of regional cooperation in the gaming industry.

Friday 29 Aug 2025 / 12:00

A Latin American Gaming Network is born: GAT Expo CDMX seals historic alliance between associations

(Mexico City, SoloAzar Exclusive).- As part of GAT Expo CDMX 2025, a groundbreaking agreement was reached among LATAM gaming associations, announcing the creation of a new platform where they can share information and build common visions for the industry.

Thursday 28 Aug 2025 / 12:00

GAT Expo CDMX 2025 marks a milestone: strategic alliances, innovation, and regional vision for the future of gaming in Latam

(Mexico City, SoloAzar Exclusive).- With more than 390 attendees, an impeccable production and a top level agenda, GAT Expo CDMX 2025 got off to a strong start at Expo Santa Fe. The first day not only brought memorable conferences and key debates on the future of gaming in Mexico, but also an announcement that could transform the regional regulatory panorama: a collaboration agreement between GAT and the Iberoamerican Board of Regulators. And it is just the beginning.

Thursday 28 Aug 2025 / 12:00

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