{"id":777017811,"date":"2024-08-02T09:51:25","date_gmt":"2024-08-02T12:51:25","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777017811"},"modified":"2026-04-22T07:34:21","modified_gmt":"2026-04-22T10:34:21","slug":"paradise-co-posts-casino-revenue-of-us45-17m-for-july","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/paradise-co-posts-casino-revenue-of-us45-17m-for-july","title":{"rendered":"Paradise Co posts casino revenue of US$45.17m for July"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Casino revenue was up 7.3 when compared to June.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">South Korea.-<strong>\u00a0Paradise Co\u00a0<\/strong>has reported casino revenue of KRW62.04bn (US$45.17m) for July. That\u2019s a rise of 7.3 per cent <a href=\"https:\/\/focusgn.com\/asia-pacific\/paradise-co-posts-casino-revenue-of-us41-1m-for-june\" target=\"_blank\" rel=\"noreferrer noopener\">month-over-month<\/a> but a decline of 1.3 per cent when compared to July 2023.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Table gaming revenue\u00a0<\/strong>was KRW57.58bn (US$41.92m), down 22.7 per cent month-over-month.\u00a0<strong>Machine game revenue\u00a0<\/strong>was KRW4.47bn (US$3.25m), up 8.7 per cent. The\u00a0table drop was KRW542.18bn (US$394.75m), up 1.9 per cent when compared to the previous month and up 2.3 per cent in year-over-year terms.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For January to July, the table drop was KRW3.98tn, up 18 per cent from last year. For the first seven months of the year, casino revenue was KRW485.10bn (US$353.19m), up 17 per cent year-over-year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In July, <strong>Choi Jong-hwan<\/strong>, Paradise Co\u2019s chief executive, announced that\u00a0<strong>a new space for high-rollers\u00a0<\/strong>will open at the Paradise Casino Walkerhill in Seoul in September. The new area will span approximately 383 square meters (4,123 square feet).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/focusgn.com\/asia-pacific\/paradise-co-to-open-high-roller-area-at-walkerhill-casino\" target=\"_blank\" rel=\"noreferrer noopener\">Paradise Co<\/a>\u00a0is also set to\u00a0<strong>integrate the operating systems of its four casinos<\/strong> in a bid to enhance marketing efforts with its customer base of 1.07 million. Meanwhile, the company will open its own customer lounge at Gimpo International Airport in Seoul this month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Casino revenue was up 7.3 when compared to June.<\/p>\n","protected":false},"author":176,"featured_media":0,"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 July casino revenue of KRW62.04bn, a 7.3% month-over-month increase, though down 1.3% year-over-year. Year-to-date casino revenue and table drop showed robust growth of 17% and 18% respectively. The company is strategically enhancing its VIP offering with a new high-roller space at Paradise Casino Walkerhill and integrating operating systems across its four properties to optimize marketing efforts.","focusai_entities":"Paradise Co, Choi Jong-hwan","focusai_location":"South Korea, Seoul, Gimpo International Airport","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), compliance_legal (0.7), operator_casino (0.95), investor_analyst (0.95), supplier_vendor (0.75), marketing_crm (0.9), product_ux (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"ROI on VIP & CRM","query":"What is Paradise Co's projected return on investment (ROI) for the new high-roller facility at Paradise Casino Walkerhill and the integrated CRM system, specifically regarding NGR uplift and VIP customer lifetime value?"},{"label":"System Integration Impact","query":"How will the integration of operating systems across Paradise Co's four casinos specifically impact operational efficiency, data analytics capabilities, and the ability to implement unified cross-property player tracking and loyalty programs?"}],"footnotes":""},"categories":[16338,163],"tags":[1705],"class_list":["post-777017811","post","type-post","status-publish","format-standard","hentry","category-east-asia-news","category-finance-news","tag-paradise-co"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777017811","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=777017811"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777017811\/revisions"}],"predecessor-version":[{"id":777017830,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777017811\/revisions\/777017830"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777017811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777017811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777017811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}