Tag Archives: paradise co ltd
- Paradise Co extends losses in Q2
August 8, 2017
South Korea’s largest casino operator Paradise Co. Ltd suffered yet another multi-million loss in the second quarter of the year despite the opening of its newest casino resort Paradise City. In a disclosure to the Korean Composite Stock Price Index, the casino operator incurred an operating loss of KRW27.3 billion...
- Paradise City suffering from South Korea’s spat with China
July 31, 2017
South Korea’s first major integrated resort casino is enjoying healthy visitation since its opening this April, at least, healthy according to its operators. South Korean foreigners-only casino operator Paradise Co Ltd opened Paradise City, the nation’s first major integrated resort, in April this year. The success of the launch has...
- Paradise Co H1 revenue falls 20%
July 6, 2017
Revenue of South Korean casino operator Paradise Co Ltd dropped 20.7 percent in the first half of the year due to a weaker gaming segment. In a regulatory filing, Paradise Co told the Korean Exchange on Wednesday that its revenue for January to June 30, 2017 was estimated at KRW241.7...
- Paradise City launch can’t rescue Paradise Co Ltd’s gaming revenue
June 7, 2017
The launch of South Korea’s first major integrated resort casino failed to reverse the flagging fortunes of its parent company. South Korean casino operator Paradise Co Ltd reported gaming revenue of KRW41.6b (US $37.1m) in the month of May, representing a 30.4% decline from the KRW59.7b the company reported in...
- Paradise Co. Q1 net income plunges 92%
May 17, 2017
Net income of casino operator Paradise Co. Ltd plunged by 92 percent in the first quarter of the year, the third South Korean operator to report a dismal revenue. Paradise alerted the Korea Exchange that its net income for the first three months of 2017 dropped to KRW1.27 billion (US$1.13...
- Paradise Co casino Q1 revenue down 9.5%
April 6, 2017
South Korea’s foreigners-only casino operator Paradise Co. Ltd. saw its casino revenue slide by 9.5 percent in the first three months of the year. Paradise Co informed the Korea Stock Exchange on Wednesday that its casino revenue for the first quarter stood at approximately KRW124.93 billion (US$ 110.34 million). The...
Tensions in Asia propel bitcoin past $4,000 to new milestone
August 14, 2017
Kangwon Land casino paying problem gamblers to stay away
March 24, 2017
Cyberattack cripples Korean bitcoin exchange Bithumb
July 6, 2017
Chinese tourists maintain biggest spenders’ crown
April 13, 2017