Paradise Co. August revenue down 2%

South Korea-listed casino operator Paradise Co. Ltd’s August revenue shrunk by 2% from the same period in 2018, the company said in a filing.

Revenue for last month was KRW51.6 billion ($46.3 million), compared to KRW52.6 billion ($47.2 million) in August 2017. It was also a 17.4% decrease from the previous month of July.

Revenue from January to August of 2018 was KRW410 billion ($368.2 million), 19.7% higher than last year’s revenue for the corresponding period. Of this, table revenue went up 19.9% to KRW381.6 billion ($342.8 million), while machine revenue went up 16.7% to KRW28.4 billion ($25.5 million).

Table drop amount, or the amount of cash exchanged for chips by customers at the table, was KRW3.7 trillion ($3.3 billion), a 13.4% increase from the same period last year. Table drop amount just for the month of August increased 6% year on year, to KRW501 billion ($450 million).