{"id":28735,"date":"2022-04-06T07:37:06","date_gmt":"2022-04-06T10:37:06","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=28735"},"modified":"2026-04-23T09:51:50","modified_gmt":"2026-04-23T12:51:50","slug":"paradise-co-casino-sales-up-11-8-in-march","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/paradise-co-casino-sales-up-11-8-in-march","title":{"rendered":"Paradise Co casino sales up 11.8% in March"},"content":{"rendered":"\n<p>Paradise Co has reported that casino sales grew 11.8 per cent month-on-month from KRW17.07bn to KRW19.02bn (US$15.6m).<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>South Korea.-\u00a0<strong>Paradise Co\u00a0<\/strong>has shared its financial results for the month of March, posting casino sales of KRW19.02bn (US$15.6m), a growth of 11.8 per cent\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/paradise-co-casino-sales-down-5-9-in-february\" target=\"_blank\">when compared to February<\/a>.\u00a0However, revenue was down 15.8 per cent year-on-year.\u00a0<\/p>\n\n\n\n<p>Table game sales were KRW16.90bn, up 10.4 per cent month-on-month but down 17.7 per cent when compared to the previous year. <strong>Machine game sales increased by 24.8 per cent<\/strong>\u00a0month-on-month and 2.8 per cent year-on-year to KRW2.12bn.<\/p>\n\n\n\n<p>For the first three months of 2022, the casino operator has reported revenue of KRW54.17bn, down 20.4 per cent year-on-year. In 2021,\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/paradise-co-gaming-revenue-down-25-7-in-2021\" target=\"_blank\">casino revenue was down 25.7 per cent<\/a> when compared to the previous year, falling from KRW335.97bn to KRW249.76bn (US$208.8m).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Paradise Co has reported that casino sales grew 11.8 per cent month-on-month from KRW17.07bn to KRW19.02bn (US$15.6m).<\/p>\n","protected":false},"author":176,"featured_media":19807,"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 an 11.8 per cent month-on-month increase in March 2022 casino sales to KRW19.02bn, driven by growth in both table and machine games. Despite this monthly uplift, the South Korean operator experienced significant year-on-year revenue declines for March, Q1 2022, and the full year 2021, indicating ongoing market recovery challenges.","focusai_entities":"Paradise Co","focusai_location":"South Korea","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Q1 Revenue Drivers?","query":"What specific market conditions or operational adjustments contributed to Paradise Co's 11.8% MoM casino sales growth in March, despite persistent year-on-year revenue declines?"},{"label":"Market Recovery Outlook?","query":"Given the continued YoY revenue contraction, what is the projected timeline for Paradise Co's GGR to return to pre-pandemic levels, and what are the key macroeconomic or regulatory factors influencing this outlook?"}],"footnotes":""},"categories":[157,16338,158],"tags":[1705],"class_list":["post-28735","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","category-slider-home","tag-paradise-co"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/28735","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=28735"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/28735\/revisions"}],"predecessor-version":[{"id":28743,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/28735\/revisions\/28743"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/19807"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=28735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=28735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=28735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}