{"id":777011583,"date":"2023-12-01T09:08:04","date_gmt":"2023-12-01T12:08:04","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777011583"},"modified":"2026-04-22T15:04:31","modified_gmt":"2026-04-22T18:04:31","slug":"paradise-co-casino-revenue-down-6-2-sequentially-in-november","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/paradise-co-casino-revenue-down-6-2-sequentially-in-november","title":{"rendered":"Paradise Co casino revenue down 6.2% sequentially in November"},"content":{"rendered":"\n

Casino revenue was KRW56.58bn (US$43.3m).<\/p>\n\n\n\n\n\n\n\n

South Korea.- Paradise Co <\/strong>has shared its financial results for November. It reported a 6.23 per cent\u00a0month-on-month decline<\/a>\u00a0in casino revenue from KRW61.01bn (US$45.8m) to KRW56.58bn (US$43.3m)<\/strong>. When compared year-on-year, revenue was up by 43.8 per cent.<\/p>\n\n\n\n

Table gaming revenue fell by 7.8 per cent month-on-month, from KRW57.20bn (US$42.9m) to KRW52.1.bn (US$39.87m). The figure was up 46.1 per cent when compared to last year. Gaming revenue generated from slots was up 17.7 per cent month-on-month and 21.6 per cent year-on-year at KRW4.48bn (US$3.43m). The table drop was KRW545.52bn (US$417.56m), level sequentially but up 48.6 per cent year-on-year.<\/p>\n\n\n\n

For the first eleven months of 2023, Paradise Co\u2019s aggregate casino revenue reached nearly KRW681.37bn US$521.544bn), up 125 per cent year-on-year. Revenue from table games was up 132.5 per cent to KRW638.38bn (US$488.74m), while revenue from machines was up 52.2 per cent to KRW42.99bn (US$32.9m). The drop in table sales was up 131.6 per cent year-on-year to KRW5.59tn (US$4.28bn).\u00a0<\/p>\n\n\n\n

See also: <\/strong>Paradise Co reports net profit of US$27m for Q3<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Casino revenue was KRW56.58bn (US$43.3m).<\/p>\n","protected":false},"author":176,"featured_media":27875,"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 6.23% month-on-month decline in casino revenue to KRW56.58bn (US$43.3m) for November, though year-on-year revenue was up 43.8%. Table gaming revenue saw a monthly decline but a significant 46.1% annual increase, while slot revenue grew both month-on-month and year-on-year. Year-to-date, aggregate casino revenue for the first eleven months of 2023 surged 125% year-on-year to nearly KRW681.37bn (US$521.544bn).","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 (0.75), journalist_researcher (0.85)","focusai_suggestions":[{"label":"Q4 GGR Outlook?","query":"Given the November performance and strong year-to-date figures, what is Paradise Co's projected Gross Gaming Revenue (GGR) for Q4 2023, and how does this align with previous guidance?"},{"label":"Table Drop Conversion Rate?","query":"What is the implied table drop conversion rate (GGR\/Drop) for Paradise Co in November and year-to-date, and how does this compare to historical averages or industry benchmarks?"}],"footnotes":""},"categories":[16338,163],"tags":[1705],"class_list":["post-777011583","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\/777011583","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=777011583"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011583\/revisions"}],"predecessor-version":[{"id":777011598,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011583\/revisions\/777011598"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/27875"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777011583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777011583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777011583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}