Korea’s Paradise Co continues upward momentum in February

Korea’s Paradise Co continued its recent recovery in February, with casino revenue rising 28.5% year-on-year to KRW55.83 billion (US$49.6 million).

The increase included a 28.8% rise in table game revenue from KRW39.92 billion in February 2018 to KRW51.42 billion, while EGM revenue grew 24.5% to KRW4.41 billion. February’s figures were slightly down on January.

January and February combined have seen a 15.2% increase when compared to the first two months of last year to KRW111.94 billion (US$99.4 million).

Table drop through February reflected similar year-on-year growth to the company’s GGR numbers, up 24.6% to KRW522.18 billion (US$463.7 million).

Paradise Co operates four casinos in Korea – Jeju Grand, Walker-hill, Busan Casino and Incheon integrated resort Paradise City.

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