Paradise Co. Graduates to KOSPI Market, Seeks Investor Growth

Leading foreign-only casino operator Paradise Co. of South Korea is set to join the prestigious KOSPI stock market.

The company will leave the KOSDAQ exchange on June 24th after completing its listing evaluation.

The goal of this project is to draw in more institutional and overseas investors, among other types of investors. Paradise Co. anticipates that doing this will maximize profits for shareholders and raise the value of the company.

The company co-manages a resort in Incheon with Sega Sammy of Japan in addition to operating three casinos in Seoul, Jeju Island, and Busan.

Original Story by: Asian Gaming Brief