Paradise Breaks 1 Trillion Won Revenue Mark for First Time
Creatrip Team
a year ago
Paradise Co., a major South Korean company specializing in casinos and resorts, has broken the 1 trillion won revenue mark for the first time since its inception. According to its provisional operating results for 2024, the casino segment and integrated resort's profitability improvements contributed significantly to this growth. VIP customers from Japan and a recovering Chinese market played crucial roles in achieving record sales, despite a slight decline in operating profit due to increased marketing costs. Paradise plans to expand premium services targeting VIP customers, including introducing tailored marketing efforts and VIP lounges at Gimpo International Airport's casino. The company also aims to attract more international customers by tapping into global markets such as Hong Kong, Taiwan, and Singapore, leveraging the appeal of K-Culture.
