{"id":777009902,"date":"2023-10-05T06:59:13","date_gmt":"2023-10-05T09:59:13","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777009902"},"modified":"2026-04-22T17:25:58","modified_gmt":"2026-04-22T20:25:58","slug":"paradise-co-casino-revenue-down-2-4-sequentially-in-september","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/paradise-co-casino-revenue-down-2-4-sequentially-in-september","title":{"rendered":"Paradise Co casino revenue down 2.4% sequentially in September"},"content":{"rendered":"\n<p>Casino revenue was KRW75.12bn (US$55.6m) in September.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>South Korea.-<strong> Paradise Co <\/strong>has reported a 2.4 per cent month-on-month decline in casino revenue for September in a filing with the Korea Exchange. Revenue for the month amounted to KRW75.12bn (US$55.6m), compared to\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/paradise-co-casino-revenue-up-24-5-in-august\" target=\"_blank\">KRW78.37bn (US$59.5m) in August<\/a>. When compared year-on-year, revenue was up by 94.2 per cent.<\/p>\n\n\n\n<p>September&#8217;s table games revenue decreased by 2.5 per cent sequentially to just under KRW70.74bn (US$52.70m). That&#8217;s a rise of 99.4 per cent from the same month last year. Machine game revenue dipped by 1.2 per cent compared to the previous month but rose 36.6 per cent year-on-year to KRW4.39bn (US$3.25m).<\/p>\n\n\n\n<p>Paradise Co operates four venues in its casino division: Walkerhill in Seoul, Jeju Grand on Jeju Island, Busan Casino in the southern port city of Busan, and Paradise City, near the primary international airport serving Seoul. For the first nine months of 2023, Paradise Co&#8217;s aggregate casino revenue reached nearly KRW565.9bn (US$418.69m), up 160.8 per cent year-on-year.<\/p>\n\n\n\n<p><strong>See also:&nbsp;<\/strong><a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/chinese-group-tours-to-boost-south-koreas-casinos-analysts-say\" rel=\"noreferrer noopener\">Chinese group tours to boost South Korea\u2019s casinos, analysts say<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Casino revenue was KRW75.12bn (US$55.6m) in September.<\/p>\n","protected":false},"author":176,"featured_media":16718,"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 2.4% month-on-month decline in casino gross gaming revenue (GGR) for September, reaching KRW75.12bn (US$55.6m). Despite the sequential dip, the operator demonstrated robust year-on-year growth of 94.2%, with year-to-date GGR for the first nine months of 2023 up 160.8% to nearly KRW565.9bn (US$418.69m).","focusai_entities":"Paradise Co, Korea Exchange","focusai_location":"South Korea, Seoul, Jeju Island, Busan","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":"September GGR Decline Factors?","query":"Given the month-on-month GGR decline, what specific market or operational factors contributed to Paradise Co's sequential contraction despite robust year-on-year growth?"},{"label":"Tourism Impact on GGR?","query":"How do Paradise Co's September GGR figures align with broader South Korean tourism recovery trends, particularly regarding VIP segment visitation and average spend per player?"}],"footnotes":""},"categories":[16338,163],"tags":[1705],"class_list":["post-777009902","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\/777009902","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=777009902"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777009902\/revisions"}],"predecessor-version":[{"id":777041196,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777009902\/revisions\/777041196"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/16718"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777009902"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777009902"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777009902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}