Asia

Revenue rises in February for Paradise Co Ltd

Published

6 years ago

March 8, 2019

Niji Narayan

Revenue rises in February for Paradise Co Ltd

Photo Source: nikkei.com

Reading Time: < 1 minute

Paradise Co Ltd., the South Korea-based casino operator, has posted a revenue of €43.7 billion, a 28.5 per cent rise year-on-year. Revenues from table games were up by 28.8 per cent, while that from machine games increased by 24.5 per cent. The company seems to have managed to attract foreign bettors arriving to play in their Jeju, Seoul, Busan and Incheon venues.

If the trend continues, the operator would post a turnaround from its net loss of approximately €8.6 billion for full-year 2018, which followed a €14.9 billion net loss in full-year 2017.

Related Topics:

Up Next

Penn National signs deal William Hill to operate M Resort’s sportsbook

Don't Miss

Aristocrat to introduce Helix XT cabinet at FADJA Colombia

Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.