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Casino sales at Paradise, South Korea’s foreign-only casino operator, rose 39.5 percent in June from the previous month, data showed Monday at the Korea Exchange.

Such sales were up about 95.59 billion won ($72.89 million) compared to 68.55 billion won in May. Compared to the same period last year, this is a 633.8% increase from 13.03 billion won in June 2022.

Table game sales rose 42.5 percent sequentially to W91.33 billion in June this year, up 774.1 percent year-on-year.

Paradise Corp’s machine game sales fell 3.9% month-on-month in June, but rose 65.4% from a year ago to 4.26 billion won.

Paradise Co.’s latest casino figures are based on the results of four venues operated by its casino business division: Walkerhill in Seoul, Jeju Grand on Jeju Island, Busan Casino in the southern port city of Busan, and Paradise City in Incheon, near the main international airport serving the Korean capital, Seoul.

Walkerhill generated 61.1 billion won in casino revenue in June, according to separate revenue figures posted on its official website, the biggest contributor to Paradise’s latest monthly earnings.

The company’s monthly update does not provide a comment on the reasons for the earnings change.

The company’s total casino revenue in the first half of 2023 was 352.45 billion won, up 249% year-over-year.

Calendar sales through June 30 rose 274.8% year-on-year to 330.42 billion won. Machine sales rose 71.5% year-on-year to about 220.3 billion won.

Table Drop – Table drop in the first half of this year, the amount customers exchanged for chips at the table, increased 283.8% year-on-year to just under W2.84 trillion.

BY: 홀짝게임

The earnings of Paradise, South Korea’s foreign-only casino operator, are expected to achieve a “record quarter” in the three months to June 30, JPMorgan Securities (Asia Pacific) said.

“We expect Q2 to be our best-ever earnings/profit quarter,” analysts DS Kim and Mufan Shi wrote in a note on Thursday.

Operating profit for the second quarter “may be greater than operating profit for the whole of 2019,” according to the brokerage firm.

The agency estimates Paradise’s second-quarter operating profit of about 52 billion won to 59 billion won ($46.8 million) for the full year of 2019 before the start of the COVID-19 pandemic.

Paradise’s January-March 2023 operating profit reached 19.02 billion won and sales reached 191.52 billion won, while its shareholders’ net profit for the first quarter was 6.99 billion won.

In a note on Thursday, JPMorgan said it expected Paradise to post revenue of about 280.2 billion won in the April-June period, with net profit of about 33 billion won.

Analysts at the agency said it was “difficult” to analyze the pace of recovery as reopening was very “ununiform” for foreigners in Paradise Co’s three key source markets – South Korea, Japan and China – while airlift capabilities were not yet fully normalised.

They added: “But even skeptics (including our old selves) would agree that pent-up demand here is very real, growing surprisingly quickly above 100% of pre-COVID levels, similar to what we’ve seen in other markets (Las Vegas, Singapore, Macau or even the Philippines).”

“The only sector that hasn’t fully recovered is China VIP, which hasn’t stopped us from posting record sales in June and the second quarter of 2023,” the JP Morgan team said.

Paradise Corp’s casino sales rose 39.5% month-on-month to about 95.59 billion won in June.

According to the broker, the casino company “reduced its employee numbers by about 20% during the downturn, many of which were relatively high-paying senior positions.”

“Staff costs are a single maximum cost item comprising more than 40% of Paradise’s pre-COVID cash operating expenditure (tax excluded), and we expect the group’s overall operating expenditure to be more than 15% below pre-COVID levels,” Kim and Shi said.

They added: “Paradise has not operated very efficiently in the past (compared to casinos in other jurisdictions), so this headcount reduction will be a significant revenue driver.”

Paradise’s earnings before interest, taxation, depreciation, amortisation (EBITDA) and operating profit margins could almost double/tripling to about 25% and 15% in fiscal year 2023, respectively, according to JPMorgan estimates.

BY: 홀짝게임

British media Spurs Web reported on the 11th (Korea Standard Time) that “Spence hoped to completely transfer to Genoa this summer,” adding, “However, it seems unlikely that he will return.”

Italian media “Tuto Mercato” reported that Spence was attracted to playing for Genoa. Genoa had a complete transfer bid to recruit him. However, it has given up on recruiting Spence due to difficulties in negotiations with Tottenham.

“Genoa has decided that the transfer fee for Spence is too high. Therefore, he brought Alessandro Zanoli from Napoli on loan. The possibility of Spence’s transfer to Genoa has decreased,” he added.

Spence joined Tottenham in the 2022-23 season. After playing for Middlesbrough since 2018, he showed his best performance when playing for Nottingham Forest. He led Nottingham Forest to promotion through his strong performance in the 2021-22 season.

Tottenham, who watched this performance, immediately started recruiting. In July 2022, Tottenham signed a five-year contract with Spence. It was brought in for a transfer fee of £20 million. Expectations were high for young and talented Spence.

Spence, a 184-centimeter right-back, has the biggest advantage of breaking through a devastating dribble from the side. Based on his active overlapping, he also boasts a one-on-one defense capability. His potential on the right side was considerable.

Antonio Conte did not give him a chance. He had to leave on loan to Stade Rennes after playing only six games in his first season. The same was true for the 2023-24 season. Manager Enze Postecoglou had no intention of using him. He left on loan for Leeds United for one season.

However, he returned from a loan mid-season. Leeds United had no intention of using him. Initially, it was reported that he ended his loan early due to his poor physical condition. However, it turned out that he lacked professional consciousness and had discipline problems. There were also reports that there was even a habitual tardiness problem.

“We didn’t reach the level that Daniel Farke wanted,” said Phil Hay of The Athletic, a British media outlet. “There were also problems such as tardiness. As a result, it made more sense for Leeds United to send him back.”

Spence then moved to Genoa on loan. After moving to a different team, he started eight of 16 Serie A matches and spent happy days. He expressed his desire to be with Genoa.

However, the situation has changed. Amid difficulties in negotiating transfer fees between Genoa and Tottenham, Spence has begun to get a chance. More and more games are starting in the preseason. He also started in a match against Bayern Munich in Korea.

On top of that, Emerson Royal is also expected to leave the team. There is no clear right-back except for Pedro Porro. If Spence takes a position, the backup problem could also disappear. Spence is expected to help Tottenham by staying instead of transferring.

BY: 안전놀이터

Tim McNally, the non-executive chairman of Hong Kong-listed Naga Corp Ltd., told GGRAsia that he is “totally confident” about Cambodia’s “future leadership and political stability” after news broke that Cambodia will have a new prime minister. Nagakov has a monopoly on longevity casinos in Phnom Penh, the capital of Cambodia, which operates a Naga World game and hotel complex.

On Wednesday, it was announced that Hun Sen, the current prime minister, would step down next month after 38 years in power. The news came after his Cambodian People’s Party was declared the overwhelming winner of Sunday’s parliamentary elections.

Local media reported that Hun Mane is likely to succeed his father Hun Sen as prime minister.

“We have full confidence in our future leadership and political stability within the country,” McNally told GGRAsia. “We wish the current prime minister good health and good luck.”

The chairman added that Nagakov was “non-political in its business activities in Cambodia” as a public company.

“We will continue to work effectively with the Cambodian government leadership on issues affecting our business,” he said

In addition, Nagarwold will “continue to invest and promote as a tourist destination aimed at growth” and “significantly contribute to the overall efforts and success of the country to grow and maintain a strong tourism industry,” the chairman added.

“As a company, we are currently focused on Naga 1 and 2 business operations and look to the future with Naga 3 construction and planned expansion,” McNally said, referring to Naga World’s two phases currently in operation and others under construction

In a June filing, the company acknowledged that completion of Naga 3 had been delayed by four years to 2029. It added at a Hong Kong briefing last week that the podium portion may open ahead of the rest of the site. Naga 3 includes three hotel brands: JW Marriott, Grand Hyatt and some of its own-brand accommodation.

Last week, Nagakov reported net income of $83 million in the first half of the year to June 30, up 57.4% from a year ago.

BY: 바카라사이트

“Stocks linked to the entertainment and tourism sectors are likely to benefit from allowing the Chinese government to travel to more destinations by allowing group tours,” suggests Douglas Kim, an analyst presenting commentary on the Smart Karma platform.

Mainland Chinese authorities said Thursday they would allow group travel to more destinations, including Japan, South Korea, Australia and the United States, a potential benefit for their tourism industry.

Japanese Prime Minister Fumio Kishida and tourism ministers from South Korea and Australia welcomed the easing of group tours, saying it would help boost their economy.

Foreign-only casinos in South Korea have historically received a portion of their income from customers outside of mainland China.

In pre-COVID times, Japan was a popular destination for Chinese tourists, despite sometimes political tensions between the two countries. Although the first and only project ever approved for Osaka is unlikely to take place until 2030 at the earliest, Japan is creating its own casino gaming market.

Since the beginning of this year, China’s Ministry of Culture and Tourism has announced the approved list for group tours of 60 countries in two separate times. The list has now been expanded to 78 destinations.

Before the COVID-19 pandemic, mainland Chinese tourists spent more abroad than any other country’s. Mainland Chinese tourists spent a total of US$255 billion in 2019, with group tours estimated to account for about 60% of that, according to Reuters.

However, observers recently noted that it will still be some time before outbound Chinese tourism picks up again in the group’s countries, as international flights to and from China recovered to 53% of 2019 levels as of July, according to official data.

In a commentary, analyst Kim said a total of 19 South Korean stocks were “most likely to benefit” from travel easing by Chinese travel groups. They included several companies that run foreigner-only casinos in China.

“The recovery in South Korean casino operations in the second half of 2023 should help Chinese visitors, especially customers in the mass market, return home,” Brokerage NH Investment & Securities said in a note in late May.

Group tours from China to Korea have been suspended since 2017 in connection with a dispute over Korea’s deployment of the U.S. missile defense system. China has never publicly acknowledged restricting group tours to Korea.

BY: 카지노사이트

Casino equipment supplier and distributor RGB International Bhd returned to profit in the second quarter after a year-over-year loss.

The Malaysian company’s second-quarter profit was just 26.5 million yuan (US$5.7 million), compared to a loss of nearly 2.7 million yuan in the second quarter of 2022.

Q1 profit in the year to June 30 was slightly above 10.5 million yuan before achieving first-half profit of 37 million yuan.

The company also announced to Bursa Malaysia a special dividend due on October 18 at the same time as its quarterly results on Thursday. The single dividend amounted to MYR0.006 per share of common stock.

“Based on our promising market outlook, the Group expects to deliver strong results for the fiscal year ending December 31, 2023, driven by solid orders secured to date despite inflationary pressures on operating costs,” RGB said in a commentary

Second-quarter earnings rose 563.0% year-over-year to 333.7 million MYR. The group’s overall revenue cost in the second quarter rose 570.4% year-over-year to 291.7 million MYR.

The majority of the group’s second-quarter revenue, MYR $303.8 million, came from product sales and marketing, up 975.8% year-over-year.

Revenue and marketing revenue were also up quarter-over-quarter “due to an increase in the number of products sold and changes in product mix compared to the previous quarter,” the company said.

Second-quarter revenue for its technical support and management division rose 35.8% year-over-year to 29.1 million yuan. The improvement was “mainly due to improved performance and increased sales at most of the stores the company operates in.”

Engineering services revenue rose 27.1% to MYR 694 million.

Earnings before interest, taxation, depreciation and amortization (EBITDA) for the three months to June 30 were slightly below 41.4 million yuan, up 287.6% year over year. Quarterly results showed EBITDA in the first half of 2023 up 219.0% year over year to 65.4 million yuan.

BY: 슬롯사이트

Axelsen is the world No. 2 in the Badminton World Federation (BWF) and has won two consecutive gold medals in badminton men’s singles at the 2020 Tokyo Olympics and the 2024 Paris Olympics.

He is also fluent in Chinese, so he is called Ahn Se-young and “brother and sister” among Chinese badminton fans by naming him 賽.

Axelsen posted a comment on Ahn’s social networking service (SNS) on the 11th, saying, “You have my respect and support.”

In other words, Ahn Se-young publicly commented in support of her SNS after her bombshell remarks about the Badminton Association, saying, “My remarks have covered everything up like a tsunami with the moments when you should enjoy celebration and glory to your heart’s content.”

In particular, Axelsen is known to not only participate in various world tournaments but also earn millions of dollars through various private sponsorship contracts even after leaving the Danish national team.

According to foreign media, Axelsen has various sponsorship contracts for personal SNS activities, and his sponsorship contracts are managed by his father. He is also known to receive at least millions of dollars for promoting and wearing sports equipment.

Earlier, Axelsen left the Danish national team for his badminton training in 2021, after the Tokyo Olympics, and moved to Dubai to train with the best coaches for him. At the time, the Danish Badminton Association expressed regret for Axelsen leaving the national team, but issued a statement saying, “We respect his decision to move to Dubai and his desire for new inspiration. The association does not regard his transfer as an expression of dissatisfaction with cooperation or elite programs.”

This is in contrast to South Korea, where it is difficult to participate in world competitions such as the Olympics and receive individual sponsors if he or she plays for the national team.

In response, Ahn Se-young asked, “Please release personal sponsors for the economic compensation of the players,” and said, “Isn’t it cruel for the player to not be able to play in the Olympics just because he plays for the national team?”

In fact, in Korea, it is difficult to participate in world competitions if you retire from the national team.

According to the Badminton Association regulations, retired athletes can participate in international badminton competitions approved by the Badminton Federation (BWF), but they have contributed greatly to the development of badminton, must be active for more than five years as a national team, and men must be over 28 years old and women must be over 27 years old.

In addition, the Badminton Korea Association’s guidelines for the operation of the national team state that “use sportswear and game supplies designated by the association when training and participating in competitions as a national team and actively cooperate in public relations upon request from the association.”

Regarding the individual sponsorship contract, it says, “The position is designated as right collar (neck), and the quantity is designated as one. However, individual sponsorship contracts for badminton equipment companies and their sponsors for the same industry are restricted.” In addition, it says, “If you participate in general competitions organized by the Korean Olympic Committee and dispatched by the Asian Games during the individual sponsorship contract period, you must comply with the public relations regulations of the Korean Olympic Committee.”

This is interpreted as having less room for personal support as soon as a player wears the Taegeuk mark, and on the contrary, it is subordinate to sponsors at the level of the association or the Korean Sports Association.

BY: 토토사이트

“My dream is to be an Olympic champion”

At the Paris 2024 Olympic Taekwondo Games, which begin on July 7, there is an athlete with a unique resume.

Farzad Mansouri, 22, was Afghanistan’s flag bearer at the Tokyo Olympics three years ago and will be the flag bearer for the Refugee Olympic Team at the Games.

“My dream is to be an Olympic champion,” Mansouri said at the Paris Olympic taekwondo press conference on Friday at the Grand Palais in Paris, France, “and I am grateful that I can continue to train and compete with the help of the refugee team.”

Mansouri became a refugee when the Taliban, an extremist militant group, rose to power in Afghanistan. He traveled to the United Arab Emirates (UAE) on a U.S. military transport plane from Kabul International Airport, where a fellow taekwondo athlete, Mohammed Zan Sultani, was killed in a suicide bombing at Kabul International Airport.

“I am still proud to have competed under the Afghan flag at the Tokyo Olympics,” says Mansouri, who has become disillusioned with the sad state of affairs in Afghanistan. My heart still beats for my country,” he said, “but now I’m just trying to do my best for my team of 37 refugees from 11 countries.”

Mansouri finds great solace in the sport that has become his life. Recalling his older brother, who first taught 파워볼사이트 추천 him the sport, he says, “In taekwondo, I learned the value of respect, not fighting with anyone. The taekwondo uniform is also the best clothes for me.”

With the opportunity to compete on the big stage again, his first goal is a medal. In Tokyo, he competed in the heaviest weight class (+80 kilograms) and was eliminated in the round of 16, but this time he dropped down to 80 kilograms to improve his medal chances. Cameroonian female boxer Cindy N’Gamba, 25, won the first medal for the refugee team, and he is determined to go for gold. If Mansuri wants to win gold, he’ll have to get past South Korea’s Seo Gun-woo, the reigning taekwondo champion.

“I have fought Seo once before in an open competition. He was a great athlete. If we meet again at the Olympics, I will respect him, but I will try to beat him. I want to win a medal at the Olympics. It is my dream to become an Olympic champion,” he said.

Meanwhile, taekwondo will begin four days of competition on Sunday with the men’s 58-kilogram and women’s 49-kilogram events. “This is the first time taekwondo has been competed in such a beautiful and magnificent venue since the sport was recognized at the Sydney 2000 Olympic Games,” said WTF President Joong Won Choi, “and I am sure the athletes will put on a show like never before.”