Paradise Co has reported that revenue rose to approximately KRW54.49bn (US$40.7m).<\/p>\n\n\n\n\n\n\n\n
South Korea.- Paradise Co <\/strong>has shared its financial results for April. It\u2019s reported a rise in revenue of 216.2 per cent year-on-year<\/a> from KRW17.22bn to KRW54.49bn (US$40.7m). The figure was up 30.1 in month-on-month terms<\/a>.<\/p>\n\n\n\n The casino operator’s table games revenue rose 239.8 per cent year-on-year to nearly KRW50.67bn (US$37.8m)<\/strong>. When compared to March, the figure was up 32.5 per cent. Gaming machine revenue was up 64.9 per cent year-on-year and 5.3 per cent sequentially to KRW3.82bn (US$2.9m)<\/strong>.<\/p>\n\n\n\n The casino table drop was close to KRW516.8bn<\/strong> (US$386m), up 21.5 per cent in month-on-month terms and up 318.1 per cent from last year.<\/p>\n\n\n\n For the first four months of 2023, Paradise Co has reported revenue of KRW188.86bn (US$141m), up 166 per cent year-on-year. The aggregate table drop was up 268.9 per cent year-on-year to KRW1.78tn (US$1.3bn).<\/p>\n","protected":false},"excerpt":{"rendered":" Paradise Co has reported that revenue rose to approximately KRW54.49bn (US$40.7m).<\/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 a significant revenue increase to KRW54.49bn (US$40.7m) in April, marking a 216.2 per cent year-on-year rise and 30.1 per cent month-on-month growth. This performance was primarily driven by a 239.8 per cent year-on-year surge in table games revenue and a 318.1 per cent increase in table drop, indicating robust operational recovery.","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":"Q2 Revenue Outlook?","query":"Given the robust April performance and Q1-Q4 2023 aggregate, what are the revised GGR and NGR projections for Paradise Co for Q2 and the full fiscal year, considering potential VIP segment recovery and inbound tourism trends?"},{"label":"Market Recovery Drivers?","query":"What specific market dynamics, including inbound tourism volumes and high-roller visitation, are primarily driving Paradise Co's significant year-on-year and month-on-month growth in table drop and gaming revenue?"}],"footnotes":""},"categories":[16338,163],"tags":[1705],"class_list":["post-777004846","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\/777004846","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=777004846"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777004846\/revisions"}],"predecessor-version":[{"id":777004871,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777004846\/revisions\/777004871"}],"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=777004846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777004846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777004846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}