South Korean casino operator Paradise Company Limited has released its financial results for August showing a 19.5% increase year-on-year in total casino sales to $52.6 million helped by the performance of table games at its four properties. Paradise Company Limited is responsible for the Paradise Casino Jeju Grand as well as casinos in Seoul, Busan and Incheon and last month spent $26 million in order to acquire the 167-room Embassy Suites By Hilton Orlando Downtown hotel in central Orlando, Florida. […]

The post Table games performance helps South Korean casino operator’s bottom line appeared first on World Casino News.

South Korean casino operator Paradise Group has made its first acquisition in the United States after spending $26 million in order to purchase a 167-room hotel in downtown Orlando, Florida. Responsible for the Paradise Casino Jeju Grand and the southern island’s Paradise Casino Jeju Lotte as well as casinos in Seoul, Busan and Incheon, Paradise Group bought the Embassy Suites By Hilton Orlando Downtown asset free and clear of debt from Connecticut firm HEI Hotels And Resorts through its local […]

The post Paradise Group makes first American purchase appeared first on World Casino News.