South Korean and local casino operator Farada reportedlyIS COMPANY REPORTS TOTAL GAME REVENUE IN NOVEMBER DOWN 53.6% MONTH-ON-MONTH TO $8.4 MILLION AS CONTINUED TO STRUFF AS A RESULT OF THE CORONAVIRUS PANDEMIC.

According to a report by Inside Asian Gaming, the Seoul-listed company's results came after its revenue rose 125 percent month-on-month to over $18 million in October on a temporary wave of good luck. But according to the sources, the highest revenue is more consistent with the revenue figures recorded over the past two years. Including about $8 million recorded in September.

Static situation:

Paradise Company Limited is responsible for the huge Paradise City integrated casino resort near the port city of Incheon and small hotel-based operations in Jeju, Busan and Seoul. These foreign-only operations reportedly saw a significant drop in customer numbers after the coronavirus pandemic, while the company's November game sales rose 1.2% from about $8.2 million in the same month of 2020.

Manual illustration:

A closer look at the numbers and Inside Asian Gaming reported Paradise Company Limited's November total table decline of nearly $117 million, a 27.2% improvement from the previous month. Nevertheless, the figure is the same as a slight year-on-year decline, and it is understood to highlight a more subdued winning rate.

Terrible trend:

In the first 11 months of 2021, Paradise Company Limited's total game revenue was reportedly around $186.2 million, a 25% year-over-year decrease. All of this shows that the Seoul-based company could end the year with total annual game sales of $195 million and further exacerbate its deficit, which exceeded $98 million last year.

Epidemic issues:

Inside Asian Gaming reports Paradise Company Limited's sluggish November finances come as South Korea is battling a new surge in coronavirus infections. About 51.7 million people hit an all-time high per day over the weekend, prompting a variety of precautions to be reimposed, including a mandatory quarantine period of 10 to 6 days for those who can attend private gatherings.

Although it has not been affected the same way as Asian countries such as Japan, Vietnam and the Philippines, South Korea has recorded 3,893 deaths as a direct result of the coronavirus pandemic, with its daily infection rate rising more than 226% since Oct. 20 to 5,127 now.  슬롯게임