South Korea’s foreigner-only casino operator Paradise Co. Ltd posted a KRW42.62 billion (US$36.9 million) casino revenue in February 2017.
GGRAsia reported that Paradise Co. announced that it chalked a 13.5 percent casino revenue growth in February 2017, reversing the slump it had in the previous year.
But Paradise’s casino revenue for February is lower than the KRW44.12 billion (US$38.45 million) it reaped in January 2017. Table game revenue, which makes up 93.9 percent of all casino revenues, provided the lift that the company needed in February 2017.
Data showed that Paradise saw a 14.7 percent increase in its table revenues in the second month of the year. Paradise’s table revenue, however, was 2.7 percent lower than the January 2017 record.