{"id":777028600,"date":"2025-07-03T08:00:22","date_gmt":"2025-07-03T11:00:22","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777028600"},"modified":"2026-04-21T21:20:00","modified_gmt":"2026-04-22T00:20:00","slug":"south-koreas-paradise-co-casino-revenue-rises-in-june","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/south-koreas-paradise-co-casino-revenue-rises-in-june","title":{"rendered":"South Korea\u2019s Paradise Co casino revenue rises in June"},"content":{"rendered":"\n

Casino sales were KRW82.05bn (US$60.3m).<\/p>\n\n\n\n\n\n\n\n

South Korea.- Paradise Co<\/strong> has shared its financial results for June. It\u2019s reported casino sales of KRW82.05bn (US$60.3m). That\u2019s a rise of 41 per cent year-on-year and was flat from the preceding month<\/a>.<\/p>\n\n\n\n

Table-game<\/strong> sales were KRW77.29 (US$52.4m), up 41.6 per cent year-on-year. Machine game<\/strong> sales were KRW4.76 (US$3.5m), up 32.7 per cent year-on-year and 1.9 per cent compared to May. For the first half of the year<\/strong>, casino revenue was KRW456.9bn (US$336m), up 8.7 per cent year-on-year. The drop was KRW3.53tn (US$2.60bn), up 1.6 per cent.<\/p>\n\n\n\n

\"Paradise
Paradise City, near the main international airport serving Seoul. <\/figcaption><\/figure>\n\n\n\n

Paradise Co operates four casino venues<\/strong>: Walkerhill in Seoul, Jeju Grand on Jeju Island, Busan Casino in the southern port city of Busan, and Paradise City, near the main international airport serving Seoul.\u00a0It plans to begin construction on\u00a0a new hotel in Seoul<\/a>\u00a0with a target opening date in 2028. <\/p>\n\n\n\n

The 18-floor hotel will have approximately\u00a0200 suites and five basement levels<\/strong>\u00a0offering services for foreign VIPs as part of a strategy to\u00a0attract more international high-rollers. The cost of the development is estimated between KRW500 (US$360m) and KRW550 (US$400m).<\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> South Korea\u2019s Paradise Co casino revenue rises in May<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

Casino sales were KRW82.05bn (US$60.3m).<\/p>\n","protected":false},"author":226,"featured_media":777027982,"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 results for June, with casino sales reaching KRW82.05bn (US$60.3m), marking a 41% year-on-year increase. The company also detailed its H1 casino revenue at KRW456.9bn (US$336m), up 8.7% YoY, and announced plans for a new 18-floor hotel in Seoul targeting international high-rollers, with an estimated investment of US$360-400m.","focusai_entities":"Paradise Co","focusai_location":"South Korea, Seoul, Jeju Island, Busan","focusai_target_profile":"ceo_executive (0.95), operator_casino (0.9), marketing_crm (0.75), investor_analyst (0.98), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"New Hotel ROI?","query":"What is the projected return on investment and anticipated payback period for the new Seoul hotel, considering the substantial capital expenditure and the specific foreign VIP target demographic?"},{"label":"VIP Segment Strategy?","query":"How does Paradise Co's current VIP segment performance and market share compare to pre-pandemic levels, and what specific strategies are being implemented to mitigate geopolitical or economic risks impacting high-roller visitation?"}],"footnotes":""},"categories":[16338,163],"tags":[1705],"class_list":["post-777028600","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\/777028600","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\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777028600"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777028600\/revisions"}],"predecessor-version":[{"id":777028632,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777028600\/revisions\/777028632"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777027982"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777028600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777028600"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777028600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}