{"id":777013646,"date":"2024-03-04T09:25:15","date_gmt":"2024-03-04T12:25:15","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777013646"},"modified":"2026-04-22T12:25:29","modified_gmt":"2026-04-22T15:25:29","slug":"paradise-co-casino-revenue-up-10-5-in-february","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/paradise-co-casino-revenue-up-10-5-in-february","title":{"rendered":"Paradise Co casino revenue up 10.5% in February"},"content":{"rendered":"\n<p>Casino revenue was KRW81.28bn (US$61.07m).<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>South Korea.-\u00a0<strong>Paradise Co\u00a0<\/strong>has shared its financial results for February, reporting <strong>KRW81.28bn (US$61.07m)<\/strong> in casino revenue. The figure was up 10.5 per cent <a href=\"https:\/\/focusgn.com\/asia-pacific\/paradise-co-casino-revenue-up-54-9-in-january\" target=\"_blank\" rel=\"noreferrer noopener\">in month-on-month terms<\/a> and 83.1 per cent year-on-year.<\/p>\n\n\n\n<p>Gaming revenue grew by 11.8 per cent month-on-month to KRW76.76bn. The figure was up 82.6 per cent when compared to last year. Machine game revenue was down 7.2 per cent month-on-month but up 92 per cent year-on-year at KRW4.52bn. The table drop was KRW565.43bn, down 0.6 sequentially but up 56 per cent year-on-year.<\/p>\n\n\n\n<p>For the first two months of this year, Paradise Co&#8217;s aggregate table drop was over KRW1.13tn, up 35.2 per cent from last year.<\/p>\n\n\n\n<p><a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/paradise-co-posts-casino-revenue-of-us567-8m-for-2023\" rel=\"noreferrer noopener\">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.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Casino revenue was KRW81.28bn (US$61.07m).<\/p>\n","protected":false},"author":176,"featured_media":16856,"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 robust financial performance for February, with casino revenue reaching KRW81.28bn (US$61.07m), marking significant month-on-month and year-on-year growth. Gaming revenue and table drop also demonstrated strong year-on-year increases, contributing to an aggregate table drop exceeding KRW1.13tn for the first two months of 2024 and a 112.8% revenue increase for full-year 2023.","focusai_entities":"Paradise Co","focusai_location":"South Korea","focusai_target_profile":"ceo_executive (1.0), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Q1 Revenue Drivers","query":"What specific operational or market factors contributed to Paradise Co's significant year-on-year GGR growth and the sequential decline in machine game revenue for February?"},{"label":"Q2 Market Outlook","query":"How do Paradise Co's February and YTD financial results align with broader South Korean integrated resort market trends and the projected recovery of international VIP visitation?"}],"footnotes":""},"categories":[16338,163],"tags":[1705],"class_list":["post-777013646","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\/777013646","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=777013646"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013646\/revisions"}],"predecessor-version":[{"id":777013668,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013646\/revisions\/777013668"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/16856"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777013646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777013646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777013646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}