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South Korean casino to change hands
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,Ā Paradise Company Limited.
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Paradise Company Limited records a successful May
South Korean casino operator,Ā 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...
Sega Sammy Holdings Incorporated reveals Paradise City expansion plans
Japanese pachinko operator Sega Sammy Holdings Incorporated has reportedly announced that it intends to inaugurate an expansion of its Paradise City integrated casino resort in South Korea containing a spa and ...
Challenging first quarter for Paradise Company Limited
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...
Sega Sammy Holdings Incorporated reiterates Japan casino plans
In Japan, the boss for pachinko giant Sega Sammy Holdings Incorporated has reportedly reiterated his companyās desire to open an integrated casino resort in its home nation but stated that the firm intends to w...
Ongoing diplomatic row sends Paradise Corporation Limited into the red
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
InĀ South Korea, the operator behind the recently-openedĀ Paradise CityĀ integrated casino resort has reportedly announced that the $1.7 billion development welcomed an average of 3,100 daily visitors during i...
Paradise City Incheon set to welcome APT Korea 2017 in August
A little over six weeks after opening and the Paradise City Incheon integrated casino resort in South Korea has already managed to snag its first major land-based poker tournament series after announcing that t...
Sega Sammy Holdings Incorporated joins list of those wanting Japanese casino
Japanese pachinko innovator Sega Sammy Holdings Incorporated has reportedly announced that it is hoping to acquire a majority stake in one of its nationās planned integrated casino resorts.
According to a re...
Mohegan Tribal Gaming Authority signs Inspire Integrated Resort deal
American tribal casino operator the Mohegan Tribal Gaming Authority has reportedly āexecuted important agreementsā with Incheon International Airport Corporation regarding its plan to build a $5 billion integra...
World Poker Tour Enterprises Incorporated cancels upcoming WPT National Korea
Citing āfactors beyond our controlā and seemingly blaming the deteriorating relationship between China and South Korea, international poker tournament series operator World Poker Tour (WPT) Enterprises Incorpor...
Lippo Limited officially offloads entire stake in South Korean casino project
After announcing a year ago that it intended to withdraw from a joint venture that was hoping to bring a casino to the South Korean city of Incheon, real estate developer Lippo Limited has now fully exited the ...
Sega Sammy announces opening date for Paradise City
Paradise SegaSammy Co., Ltd. investor, Sega Sammy Holdings Inc., a pachinko operator based in Tokyo, today announced that Phase I of their long-awaited integrated resort, known as Paradise City, would open in I...
Mixed results for South Korean casino operator
South Korean casino operator Paradise Company Limited has released its financial results for February showing that gaming revenues from its five foreigner-only venues had increased by 13.5% year-on-year to reac...
Paradise City predicted to temporarily hurt South Korean operatorās bottom line
In South Korea, a leading local brokerage has reportedly explained that it expects the opening of the first phase of the Paradise City integrated casino resort later this year to negatively impact the profits o...