{"id":34154,"date":"2022-10-05T21:54:11","date_gmt":"2022-10-06T00:54:11","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=34154"},"modified":"2026-04-23T04:13:47","modified_gmt":"2026-04-23T07:13:47","slug":"paradise-co-revenue-up-312-9-in-september","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/paradise-co-revenue-up-312-9-in-september","title":{"rendered":"Paradise Co revenue up 312.9% in September"},"content":{"rendered":"\n<p>The South Korean casino has reported revenue of KRW39.17bn (US$27.6m).<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>South Korea.-&nbsp;<strong>Paradise Co&nbsp;<\/strong>has reported revenue of KRW39.17bn (US$27.6m) for September. The figure was up 312.9 per cent year-on-year but down 22.4 per cent when&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/paradise-co-revenue-up-89-3-in-august\" target=\"_blank\">compared to August<\/a> (KRW50.76bn\/US$37.3m).<\/p>\n\n\n\n<p><strong>Table-game sales declined 24.8 per cent&nbsp;<\/strong>sequentially from KRW48.10bn to KRW35.6bn. Machine-game sales were up 20.7 per cent month-on-month from KRW2.66bn to KRW3.21bn.<\/p>\n\n\n\n<p>During the first nine months of 2022, Paradise Co\u2019s cumulative casino revenue was KRW217.45bn, up 15.3 per cent from last year. For the first half of the year,&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/paradise-co-revenue-down-10-1-for-h1\" rel=\"noreferrer noopener\">the casino operator<\/a>&nbsp;posted revenue of KRW101.23bn (US$77.91m), a decline of 10.1 per cent when compared to last year.&nbsp;<\/p>\n\n\n\n<p>In August,&nbsp;South Korean <a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/south-korea-to-allow-visa-free-entry-from-japan-taiwan-and-macau\" target=\"_blank\">authorities<\/a>&nbsp;announced that visitors with travel documents issued by Japan, Taiwan or Macau can enter visa-free. Travellers<strong>&nbsp;must apply online for permission<\/strong>&nbsp;to enter through the Korea Electronic Travel Authorization website at least 72 hours before their return flight.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The South Korean casino has reported revenue of KRW39.17bn (US$27.6m).<\/p>\n","protected":false},"author":176,"featured_media":9746,"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 September revenue of KRW39.17bn, marking a 312.9% year-on-year increase but a 22.4% sequential decline, primarily due to a drop in table-game sales. Cumulative casino revenue for the first nine months of 2022 reached KRW217.45bn, up 15.3% year-on-year, with recent visa-free entry for key regional markets poised to influence future operational performance and GGR trajectories.","focusai_entities":"Paradise Co","focusai_location":"South Korea, Japan, Taiwan, Macau","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.9), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Q3 GGR Trajectory","query":"What is the projected impact of the sequential decline in table-game sales on Paradise Co's Q3 GGR, and how does this performance align with broader regional land-based gaming vertical trends and competitive landscape?"},{"label":"Visa Policy NGR Impact","query":"How rapidly is the recent visa-free entry policy for visitors from Japan, Taiwan, and Macau expected to translate into increased footfall, player spend, and ultimately NGR for Paradise Co, particularly within the VIP and mass-market segments?"}],"footnotes":""},"categories":[16338,163],"tags":[1705],"class_list":["post-34154","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-paradise-co"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34154","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=34154"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34154\/revisions"}],"predecessor-version":[{"id":34184,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34154\/revisions\/34184"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/9746"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=34154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=34154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=34154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}