Seogwipo-si | World Casino News

Ongoing diplomatic row sends Paradise Corporation Limited into the red

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...

Paradise City Incheon set to welcome APT Korea 2017 in August

Adam Morgan

June 5, 2017

Latest Casino and Gambling News, Poker Tournaments, South Korea

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...

Mixed results for South Korean casino operator

Adam Morgan

March 7, 2017

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

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 operator’s bottom line

Adam Morgan

March 1, 2017

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

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...

Paradise City pre-opening costs hit South Korean operator’s bottom line

Adam Morgan

November 9, 2016

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

A day after Grand Korea Leisure Company Limited reported improved third-quarter financial results and the picture is not as good for fellow South Korean casino operator Paradise Company Limited after it reporte...