Published by Jang Seob Yoon , Sep 15, 2020. In 2019, Gongzi Jeju Casino's sales revenue amounted to about 32.2 billion South Korean won. The casino was able to recover from a drastic decrease in South Korean casino operator Paradise Co Ltd.’s gaming revenue fell in 2020 by more than half. Perhaps for this reason, the company decided to reopen its headquarters in Seoul despite increased restrictions due to the third wave of COVID-19 in the country. According to the financial results presented by Paradise this week, its casino revenue […] Revenue at South Korea’s foreigner-only casinos slumped by 5.37 % in 2017 to less than KRW1.21 trillion (US$1.09 billion). In announcing the annual turnover for last year, the National Gambling Control Commission said the country’s 16 foreigner-only casinos had almost 2.22 million visitors in 2017, a decrease of 6.22 percent between 2016 and last year. Latest quarterly Casino Market Shares Report for South Korea from the Korea Casino Association (KCA). The data released for the country's foreigner-only casino market contains the following information by casino and operator: Quarterly & annual gaming revenue and market share. There are approximately 800 data points in this document. That was up 9 percent and accounted for about half of South Korea’s gaming revenue. By comparison, revenues at South Korean foreigner-only casino operators Paradise Co Ltd and Grand Korea Casino operators run 4 foreigners-only properties in the country. South Korean casino operator Paradise Co Ltd, which runs gaming venues open only to foreigners, has reported that casino revenue grew to more than KRW73.63 billion (US$61.0 million) last month, 6.6 percent more than one month earlier and 42.7 percent more than at the same stage last year, filing in at the Korea Stock Exchange South Korean casino operators Grand Korea Leisure and Paradise Co Ltd report grim May revenue stats while Kangwon Land postpones main floor launch again. South Korea’s Paradise Co 2020 casino revenue down 57.2%. South Korean casino operator Paradise Co Ltd saw its 2020 gaming revenue fall by more than half, which may be why the company chose to Mohegan Sun, the gaming unit of the Connecticut tribe, plans to break ground on its $5 billion integrated casino resort in South Korea in May of 2019. In 2019, Kangwon Land Casino recorded revenue of approximately 1.481 trillion South Korean won. Seven casinos experienced a decrease in revenue compared to the previous year, while nine casinos
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