Paradise Co January casino sales slip 39pct m-o-m

Paradise Co Ltd, an operator in South Korea of foreigner-only casinos, reported casino sales for January that fell 39.0 percent month-on-month, and declined 33.5 percent judged year-on-year.

This January’s aggregate casino sales were nearly KRW18.19 billion (US$15.2 million), versus nearly KRW29.80 billion in December, and compared to KRW27.36 billion in January 2021. That is according to a Monday filing to the Korea Exchange.

Table-game sales for the first month this year were down 41.8 sequentially from December, and 36.5 percent year-on-year, at KRW16.22 billion.

Machine-game sales were up 2.1 percent month-on-month, and rose 9.3 percent judged year-on-year, at nearly KRW1.97 billion.

Source: https://www.ggrasia.com/paradise-co-january-casino-sales-slip-39pct-m-o-m/