Choi Jong Hwan will manage the company in partnership with Choi Seong Wuk.<\/p>\n\n\n\n\n\n\n\n
South Korea.-\u00a0Paradise Co\u00a0<\/strong>has appointed\u00a0Choi Jong Hwan<\/strong>\u00a0as co-CEO. Hwan will work alongside\u00a0Choi Seong Wuk<\/strong> focusing on finance and management, while his co-CEO will handle overseas issues.<\/p>\n\n\n\n Hwan served as co-president and director of Paradise Company Limited from January 1, 2015.\u00a0<\/p>\n\n\n\n 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.\u00a0For February, it posted\u00a0KRW81.28bn (US$61.07m)<\/strong>\u00a0in casino revenue. The figure was up 10.5 per cent\u00a0in month-on-month terms<\/a>\u00a0and 83.1 per cent year-on-year.<\/p>\n","protected":false},"excerpt":{"rendered":" Choi Jong Hwan will manage the company in partnership with Choi Seong Wuk.<\/p>\n","protected":false},"author":176,"featured_media":777013862,"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, a South Korean casino operator, has appointed Choi Jong Hwan as co-CEO, partnering with Choi Seong Wuk to manage finance and overseas operations, respectively. This leadership change follows a robust financial performance, with FY2023 revenue up 112.8% and February casino revenue increasing 83.1% year-on-year.","focusai_entities":"Choi Jong Hwan, Choi Seong Wuk, Paradise Co, Paradise Company Limited","focusai_location":"South Korea","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Co-CEO Strategic Impact?","query":"What strategic shifts are anticipated under the new co-CEO structure, particularly regarding international market expansion versus domestic operational efficiency and capital deployment?"},{"label":"Financial Growth Drivers?","query":"What specific market factors and operational initiatives underpinned Paradise Co's significant year-on-year revenue growth, and what is the outlook for sustaining this trajectory in the South Korean gaming vertical?"}],"footnotes":""},"categories":[157,16338],"tags":[1705],"class_list":["post-777014290","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-paradise-co"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777014290","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=777014290"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777014290\/revisions"}],"predecessor-version":[{"id":777014301,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777014290\/revisions\/777014301"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777013862"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777014290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777014290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777014290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}