Paradise Co’s Casino Sales in July Reached $45 Million
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- Category: Gambling Industry
- Created: Saturday, 03 August 2024 15:00
Casino sales in July at casinos owned by Paradise Co Ltd improved by 7.3 percent to $45.17 million. The company operates foreigner-only casinos in South Korea. However, its year-over-year revenue decreased by 1.3 percent.
According to casino pay per head experts, revenues from table games in July totaled almost KRW57.58 billion, or over 93% of the casino's total monthly revenues. The remaining roughly 4.47 billion Korean won came from sales of machine games. The total amount wagered in July at casinos, in the form of chips for games, was about KRW542.18 billion, an increase of 1.9% from the previous month and 2.3% from the same month last year.
Separate data submitted to Paradise Co's website indicates that VIP gaming accounted for most of the July casino decline. The company's casino drop for VIP play was KRW420.82 billion in the month, while the mass play accounted for KRW121.35 billion.
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