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Coronavirus-related June comedown for Paradise Company Limited

July 3, 2020

Latest Casino and Gambling News, Casino News, Casino openings, Casino closures, Gaming Industry News, Economy/Finance, South Korea

South Korean casino operator Paradise Company Limited has reportedly released its financial results for June showing that it had experienced a decrease of 80.8% year-on-year in aggregated gross gaming revenues ...

Paradise Company Limited records depressed May gaming revenues

Adam Morgan

June 4, 2020

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, South Korea

South Korean casino operator Paradise Company Limited has reportedly released its financial results for May showing that it had experienced a 51.2% year-on-year decrease in aggregated gaming revenues to just ov...

Paradise Company Limited re-opens casinos following coronavirus closures

Adam Morgan

April 20, 2020

Latest Casino and Gambling News, Casino News, Casino openings, Casino closures, Gaming Industry News, Economy/Finance, South Korea

South Korean casino operator Paradise Company Limited has reportedly announced that its four domestic venues have just been re-opened after being temporarily shuttered last month in response to the coronavirus ...

Paradise Company Limited records a discouraging March

Adam Morgan

April 3, 2020

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, South Korea

South Korean casino operator, Paradise Company Limited, has reportedly released its financial results for March showing that aggregated gross gaming revenues had decreased by over 60% year-on-year to stand at s...

Paradise Company Limited heralds successful September

Adam Morgan

October 2, 2019

Latest Casino and Gambling News, Economy/Finance, South Korea

South Korean casino operator, Paradise Company Limited, has reportedly released its financial results for September showing that it experienced an impressive 42.7% increase year-on-year in aggregated gross gami...

Mixed August financials for Paradise Company Limited

Adam Morgan

September 4, 2019

Latest Casino and Gambling News, Economy/Finance, South Korea

South Korean casino operator, Paradise Company Limited, has reportedly released its financial results for August showing that it experienced a 36.1% increase year-on-year in aggregated gross gaming revenues to ...

Paradise Company Limited records mixed July financial results

Adam Morgan

August 6, 2019

Latest Casino and Gambling News, Economy/Finance, South Korea

South Korean casino operator, Paradise Company Limited, has reportedly released its financial results for July showing that it experienced a 19.1% increase year-on-year in aggregated gross gaming revenues to ap...

Mohegan Gaming and Entertainment not worried by likely Japanese competition

Adam Morgan

July 18, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Casino project updates, Economy/Finance, Mergers, Acquisitions & Partnerships, South Korea

The possible opening within the next decade of a trio of Japanese integrated casino resorts will reportedly not damage the future prospects of the coming $1.6 billion Project Inspire venue Mohegan Gaming and En...

Disappointing August for Paradise Company Limited

Adam Morgan

September 4, 2018

Latest Casino and Gambling News, Economy/Finance, South Korea

South Korean casino operator, Paradise Company Limited, has reportedly released its financial results for August showing that it had experienced a 2% decline year-on-year in aggregated revenues to around $46.1 ...

South Korean casino to change hands

Adam Morgan

July 30, 2018

Casino Sales, Latest Casino and Gambling News, Casino News, Mergers, Acquisitions & Partnerships, South Korea

In South Korea, Lotte Tour Development Company Limited signed a deal that will see it pay some $38.82 million to purchase the Paradise Casino Jeju Lotte from local casino operator, Paradise Company Limited. ...

Grand Korea Leisure Company Limited records improved results

Adam Morgan

July 11, 2018

Latest Casino and Gambling News, Economy/Finance, South Korea

South Korean casino operator, Grand Korea Leisure Company Limited, has reportedly released its financial results for the first six months of 2018 showing a 4.1% increase year-on-year in gaming revenues to sligh...

Paradise Company Limited records a successful May

Adam Morgan

June 8, 2018

Latest Casino and Gambling News, Economy/Finance, South Korea

South Korean casino operator, Paradise Company Limited, has reportedly released its financial results for May, showing that it experienced a 24.2% increase year-on-year in total gaming revenues to slightly over...

Challenging first quarter for Paradise Company Limited

Adam Morgan

May 10, 2018

Latest Casino and Gambling News, Economy/Finance, South Korea

South Korean casino operator Paradise Company Limited has reportedly released its financial results for the first quarter of 2018 showing that it experienced a massive 61.6% year-on-year decline in net income f...

Ongoing diplomatic row sends Paradise Corporation Limited into the red

Adam Morgan

August 9, 2017

Latest Casino and Gambling News, Economy/Finance, South Korea

South Korean casino operator Paradise Company Limited has released its financial results for the second quarter showing a 26% decrease year-on-year in overall sales to $122.91 million alongside an 85.3% fall in...

Visitors flock to recently-opened Paradise City

Adam Morgan

July 31, 2017

Latest Casino and Gambling News, Casino project updates, Economy/Finance, South Korea

In South Korea, the operator behind the recently-opened Paradise City integrated casino resort has reportedly announced that the $1.7 billion development welcomed an average of 3,100 daily visitors during i...