{"id":31426,"date":"2022-07-05T02:26:40","date_gmt":"2022-07-05T05:26:40","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=31426"},"modified":"2026-04-23T07:11:00","modified_gmt":"2026-04-23T10:11:00","slug":"paradise-co-revenue-down-10-1-for-h1","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/paradise-co-revenue-down-10-1-for-h1","title":{"rendered":"Paradise Co revenue down 10.1% for H1"},"content":{"rendered":"\n<p>Paradise Co has reported that revenue was down 10.1 per cent year-on-year to KRW101.23bn (US$77.91m) for the first six months.<\/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 first six months of the year. It posted revenue of KRW101.23bn (US$77.91m), a decline of 10.1 per cent when compared to last year. Table game sales were KRW739.77bn, down 15.3 per cent when compared to 2021.\u00a0<\/p>\n\n\n\n<p>Meanwhile, June&#8217;s revenue was <a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/paradise-co-revenue-up-25-8-month-on-month-in-may\" target=\"_blank\">down 21.8 per cent month-on-month<\/a>\u00a0and 16.5 per cent year-on-year to KRW13.3bn (US$10.3m). <strong>The table drop was up 11 per cent\u00a0<\/strong>month-on-month but down 30.9 per cent year-on-year at KRW135.2bn. Revenue generated by gaming tables reached KRW10.69bn in June.<\/p>\n\n\n\n<p>Analysts at Se\u00fal Shinhan Investment Corp have reported that\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/paradise-co-could-benefit-from-return-of-japanese-tourists-analysts-say\" target=\"_blank\">the South Korean casino operator<\/a>\u00a0could see the most benefit from the arrival of Japanese tourists in the following months due to a return of regular passenger flights to and from that country.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Paradise Co has reported that revenue was down 10.1 per cent year-on-year to KRW101.23bn (US$77.91m) for the first six months.<\/p>\n","protected":false},"author":176,"featured_media":27875,"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 10.1% year-on-year revenue decline to KRW101.23bn for H1, with June's revenue also experiencing a significant downturn across gaming verticals. Despite the current underperformance in table game sales and overall revenue, analysts from Se\u00fal Shinhan Investment Corp anticipate a potential recovery driven by the return of Japanese tourists to South Korea.","focusai_entities":"Paradise Co, Se\u00fal Shinhan Investment Corp","focusai_location":"South Korea, Japan","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.9), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"H1 Revenue Analysis?","query":"What specific operational segments or VIP customer cohorts were primarily responsible for Paradise Co's 10.1% year-on-year revenue decline in H1, and what mitigating strategies are in place?"},{"label":"Tourism Recovery Projections?","query":"What are the detailed projections for the GGR uplift from the anticipated return of Japanese tourists, and what specific marketing and operational initiatives is Paradise Co implementing to maximize this opportunity?"}],"footnotes":""},"categories":[157,16338],"tags":[1705],"class_list":["post-31426","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-paradise-co"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/31426","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=31426"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/31426\/revisions"}],"predecessor-version":[{"id":31462,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/31426\/revisions\/31462"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/27875"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=31426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=31426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=31426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}