40 per cent year on year<\/strong><\/a><\/em>.<\/p>\n\n\n\nRevenue was affected by renewed Covid-19 containment measures in South Korea since late November. The country has extended its second-highest level of alert until February 14.<\/p>\n\n\n\n
Paradise Co closed Paradise Walkerhill casino in Seoul in mid-December but kept its other properties open.<\/p>\n\n\n\n
Paradise Co runs Paradise City Casino, Korea’s largest foreigner-only casino<\/strong>, as well as Paradise Walkerhill, Busan Casino and Jeju Grand.<\/p>\n","protected":false},"excerpt":{"rendered":"Strict Covid-19 measures implemented since late November have affected revenue.<\/p>\n","protected":false},"author":176,"featured_media":14136,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Paradise Co reported a significant 61.8% year-on-year decline in January casino sales to KRW27.28bn, attributed to stringent Covid-19 containment measures in South Korea. This downturn follows a 36.2% sequential fall from December 2020, with the temporary closure of Paradise Walkerhill casino in Seoul impacting overall operational performance.","focusai_entities":"Paradise Co, Paradise Walkerhill, Paradise City Casino, Busan Casino, Jeju Grand","focusai_location":"South Korea, Seoul, Busan, Jeju","focusai_target_profile":"ceo_executive (0.9), regulator (0.8), compliance_legal (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GGR Recovery Outlook","query":"What is Paradise Co's projected GGR recovery timeline and strategic mitigation plan, particularly for its foreigner-only casino segment, given the extended Level 2.5 alert and potential for future restrictions?"},{"label":"Operational Resilience Strategy","query":"How are Paradise Co's operational resilience strategies and governance frameworks adapting to mitigate the financial and human capital risks associated with prolonged public health restrictions and fluctuating market demand?"}],"footnotes":""},"categories":[28,158,16333],"tags":[23907,405],"class_list":["post-14133","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-slider-home","category-south-east-asia-news","tag-land-based-casino","tag-pagcor"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/14133","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=14133"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/14133\/revisions"}],"predecessor-version":[{"id":14196,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/14133\/revisions\/14196"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/14136"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=14133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=14133"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=14133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}