{"id":777002921,"date":"2023-03-02T12:47:45","date_gmt":"2023-03-02T15:47:45","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777002921"},"modified":"2026-04-23T00:10:15","modified_gmt":"2026-04-23T03:10:15","slug":"paradise-co-posts-revenue-of-us34m-in-february","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/paradise-co-posts-revenue-of-us34m-in-february","title":{"rendered":"Paradise Co posts revenue of US$34m in February"},"content":{"rendered":"\n<p>The South Korean casino operator\u2019s revenue was up 162.7 per cent year-on-year.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>South Korea.- <strong>Paradise Co&nbsp;<\/strong>has posted <strong>casino revenue of KRW44.67bn (US$34.0m) <\/strong>for February 2023, down 7.2 per cent when compared to January (<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/paradise-co-posts-revenue-of-us39-8m-in-january\" target=\"_blank\">KRW48.65bn<\/a>). The figure was, however, up 162.7 per cent when compared to last year.<\/p>\n\n\n\n<p>Table game revenue accounted for nearly KRW42.32bn, down 5.1 per cent month-on-month, but up 176.4 per cent from the prior-year period.&nbsp;<strong>Machine game revenue&nbsp;<\/strong>was nearly KRW2.36bn, down 33.2 per cent month-on-month and up 38.7 per cent year-on-year. The table<strong>&nbsp;drop<\/strong>&nbsp;was down 23.9 per cent when compared to January at KRW362.47bn and up 244 per cent from February 2022.<\/p>\n\n\n\n<p>For 2022,&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/paradise-co-posts-revenue-of-us274-5m-in-2022\" rel=\"noreferrer noopener\">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 162.7 per cent year-on-year.<\/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 casino revenue of KRW44.67bn for February 2023, marking a 162.7% year-on-year increase, despite a 7.2% month-on-month decline. This performance was primarily driven by table game revenue, which saw a 176.4% year-on-year surge, indicating a robust recovery trajectory for the operator following a 40.5% revenue increase for the full year 2022.","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":"YOY Growth Drivers","query":"What specific market conditions or operational strategies underpinned Paradise Co's substantial 162.7% year-on-year revenue growth in February, particularly in the table games vertical?"},{"label":"Q1 GGR Outlook","query":"Considering the month-on-month revenue contraction, what is the projected Gross Gaming Revenue (GGR) outlook for Paradise Co for Q1 2023, and what are the key contributing factors?"}],"footnotes":""},"categories":[16338,163],"tags":[1705],"class_list":["post-777002921","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\/777002921","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=777002921"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777002921\/revisions"}],"predecessor-version":[{"id":777002954,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777002921\/revisions\/777002954"}],"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=777002921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777002921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777002921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}