Paradise, casino sales rise by 30 pct in May

Casino sales at Paradise, South Korea\'s foreign-only casino operator, rose 30 percent in May from the previous month, according to a Thursday report to the ...

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Casino sales at Paradise, South Korea\'s foreign-only casino operator, rose 30 percent in May from the previous month, according to a Thursday report to the Korea Exchange. 릴게임사이트

These sales were approximately 70.14 billion won ($53.1 million), a significant increase from approximately 53.94 billion won in April. Compared to the same period last year, this is a 313.3% increase from 16.97 billion won in May 2022.

Table game sales rose 31.1 percent sequentially in May this year, reaching just over W65.7 billion. The figure represents a 343.6 percent increase from the previous year.

Paradise\'s machine game sales in May rose 16.1% from the previous month and 105.3% from a year ago, just under 4.44 billion won.

The company\'s monthly update does not provide a comment on the reasons for the earnings change.

The company\'s total casino revenue in January-May 2023 was nearly 258.45 billion won, up 193.8% year-over-year.

Table sales through May 31 of the calendar year were up 209.8% year-on-year to 240.68 billion won. Machine sales were up 73.1% year-on-year to about 17.77 billion won.

TABLE DROP – The amount of cash customers exchanged for chips at the table increased 281.5% year-on-year in the first five months of this year, slightly below W2.31 trillion.

Paradise\'s latest casino figures are based on the results of four venues operated by its casino business division. Walkerhill in Seoul, Jeju Grand in Jeju Island, Busan Casino in the southern port city of Busan, and Paradise City in Incheon (pictured) are near the main international airport serving the capital city of Seoul.

Paradise reported that its shareholders\' net profit in the first quarter of this year was KRW 6.99 billion, an improvement from a deficit of KRW 4.05 billion in the previous three months.

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