By The Weekly Edge desk ·
CasinoBeats reported that South Korea plans to increase casino operators’ payments to the state tourism fund. Paradise shares fell more than 23% over five days following the proposal.
The proposed fee increase would raise operators’ contributions to the tourism fund.
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Investors face mixed performance: annual sales growth accompanied lower monthly sales and falling table hold despite higher table drop.
The sales increase gives investors a measure of annual casino revenue growth at Lotte Tour Development.
The brokerage’s assessment tempers expected effects of the proposed rules on Lotte Tour.
July established a higher monthly casino sales benchmark for the operator in 2026.
The July result increases revenue at Lotte Tour’s Jeju casino.
The figures give investors September revenue and quarterly performance data for Paradise Co’s casino operations.