For full year 2023<\/a>, the casino operator posted revenue of KRW744,15bn (US$567.8m), up 112.8 per cent compared with full-year 2022. Table game revenue was KR696.70bn (US$534.1m), up 118.8 per cent in year-on-year terms. Machine game revenue was up 51.9 per cent to KRW47.5bn (US$36.4m). The table drop for full-year 2023 was just over KRW6.17tn, a rise of 114.2 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":"Casino revenue was KRW74.53bn (US$56.2m).<\/p>\n","protected":false},"author":176,"featured_media":32940,"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 has reported robust financial performance for January 2024, with casino revenue increasing 54.9% year-on-year to KRW74.53bn, building on a strong full-year 2023 where GGR surged 112.8% to KRW744.15bn. This sustained growth, particularly in table game revenue and table drop, underscores a significant post-pandemic recovery and effective operational execution within the South Korean integrated resort market.","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 Growth Sustainability","query":"Given the substantial year-on-year GGR growth, what are the key drivers for Paradise Co's continued revenue expansion, and how sustainable are these trends amidst evolving regional tourism and competitive dynamics?"},{"label":"Q2 Operational Efficiency","query":"Beyond top-line revenue, what insights do these results provide regarding Paradise Co's operational efficiency, particularly in managing table drop conversion rates and machine game yield, and how might this impact future profitability margins?"}],"footnotes":""},"categories":[16338,163],"tags":[1705],"class_list":["post-777012847","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\/777012847","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=777012847"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012847\/revisions"}],"predecessor-version":[{"id":777012871,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012847\/revisions\/777012871"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/32940"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777012847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777012847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777012847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}