Up to 650 Sega Sammy Employees can take early retirement with benefits, as Sega Sammy looks to cut costs.
Based on the financial report released by Paradise Group on four casinos it operates in South Korea, revenue hit $56.4 million in November.
According to JP Morgan's analyst, if they are correct, the third quarter of Paradise City's profit will rise.
Paradise Co. reported a net income of KRW5.2 billion ($4.6 million) for the third quarter, 266% higher than the third quarter last year.
South Korea's only major integrated resort casino Paradise City preps Phase II launch, including raft of new non-gaming amenities.
Paradise Co. Ltd has slashed its net loss by 91 percent in the second quarter of 2018, thanks to the influx of Japanese players in the country.
South Korea’s foreigner-only casinos have posted weaker turnover in 2017 as the brick-and-mortar facilities welcomed fewer visitors last year.
Dragon Corp's plans for a floating casino in Macau have sprung a leak but claims its new VIP room at Korea's Paradise City will be its "proving ground."
Paradise City, South Korea's first major integrated resort, welcomes 310k visitors since April opening, but China spat hampers growth.
Revenue of South Korean casino operator Paradise Co Ltd dropped 20.7 percent in the first half of the year on weaker gaming segment.