{"id":777002000,"date":"2023-02-02T13:23:56","date_gmt":"2023-02-02T16:23:56","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777002000"},"modified":"2026-04-23T01:00:18","modified_gmt":"2026-04-23T04:00:18","slug":"paradise-co-posts-revenue-of-us39-8m-in-january","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/paradise-co-posts-revenue-of-us39-8m-in-january","title":{"rendered":"Paradise Co posts revenue of US$39.8m in January"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The South Korean casino operator\u2019s revenue was up 168.2 per cent year-on-year.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">South Korea.- Paradise Co<strong>&nbsp;<\/strong>has shared its financial results for January. It posted revenue of KRW48.65bn (US$39.8m),&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/paradise-co-casino-sales-down-39-in-january\" target=\"_blank\">up 168.2 per cent year-on-year<\/a>&nbsp;and up 3.9 per cent compared to the previous month.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Table game revenue<\/strong>&nbsp;for January rose 2.9 per cent month-on-month, to KRW45.13bn. The figure was up 179 per cent on year-on-year terms.&nbsp;<strong>Machine game revenue&nbsp;<\/strong>was nearly KRW3.53bn, up 18.2 per cent month-on-month and 79.5 per cent year-on-year.&nbsp;The table<strong> drop<\/strong>&nbsp;was 1.8 per cent higher than in December at KRW476.34bn and up 286.1 per cent from January 2022.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For 2022,&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/paradise-co-posts-revenue-of-us274-5m-in-2022\" target=\"_blank\">Paradise Co<\/a>&nbsp;saw a 40.5 per cent increase in revenue at KRW350.68bn (US$274.5m). In December, the company saw a 60.7 per cent year-on-year rise in revenue to KRW47.9bn (US$37.5m) \u2013 a 21.6 per cent increase from the previous month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The South Korean casino operator\u2019s revenue was up 168.2 per cent year-on-year.<\/p>\n","protected":false},"author":176,"featured_media":0,"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, a South Korean casino operator, reported substantial financial growth for January, with revenue increasing 168.2% year-on-year to KRW48.65bn. This surge was primarily driven by a 179% year-on-year rise in table game revenue and a 286.1% increase in table drop, signaling robust market recovery. The company also saw strong month-on-month growth across key gaming verticals.","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 strategies contributed to Paradise Co's significant year-on-year revenue and table drop growth in January, particularly within the table games vertical?"},{"label":"Q2 Market Outlook","query":"How does Paradise Co's January performance align with broader recovery trends in the South Korean integrated resort market, and what are the projections for sustained growth throughout 2023?"}],"footnotes":""},"categories":[16338,163],"tags":[1705],"class_list":["post-777002000","post","type-post","status-publish","format-standard","hentry","category-east-asia-news","category-finance-news","tag-paradise-co"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777002000","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=777002000"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777002000\/revisions"}],"predecessor-version":[{"id":777002040,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777002000\/revisions\/777002040"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777002000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777002000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777002000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}