The nation's largest foreign-only casino operator saw its table game sales rise 7.2% to 567.7 billion won and slot sales fall 7.3% to 36 billion won. Of the 17 casinos in Korea, four are Parada, including Jeju Grand, Seoul Walkerhill, Incheon Casino, and Busan CasinoIt's run by Is.
Sales in 2015 plunged 14.7% from 2014 figures, but casino sales in December 2016 were 43.7b won, FaradaIs ended the year with a surplus.
Next year, Paradise City, Korea's first integrated resort (IR), will be launchedI promise to be a large resort in Isis. The joint venture with Pachinko operator Sega Sammy Holdings will begin construction near Incheon International Airport in November 2014 and open in April.
"Paradise City will be a milestone for the Korean tourism industry," said Cheon Philip, chairman/CEO of Paradise Co., Ltd. "Now we have an opportunity to leap beyond a second leap and become a global player." To prepare for this, we are promoting corporate management innovation to break away from old paradigms and practices across business structure, business method, and corporate culture. Through these efforts, all executives and employees of Paradise Group, including myself, share their dreams of forming the future through full-scale change and innovation with the vision of becoming an Integrated Resort (IR) representing Korea by 2020, G3Newswire said.