"I like to play"...Expanding the casino game stock

"I like to play"...Expanding the casino game stock

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According to the Electronic Disclosure System of the Financial Supervisory Service on the 23rd, Paradise turned to the black with 19.022 billion won in operating profit on a consolidated basis in the first quarter of this year. During the same period, sales soared by 92% to 191.519 billion won.

GKL also succeeded in turning a profit compared to the same period last year with an operating profit of 27.219 billion won in the first quarter. Sales increased by 132.9% to 109.162 billion won.

The combined drop amount of Paradise and GKL in April recorded KRW 813.1 billion and sales of KRW 100.1 billion. The combined sales of 100.1 billion won was 104% compared to April 2019, and it is evaluated that it completely exceeded the absolute sales scale without the complete recovery of Chinese VIPs.

As such, casino representative stocks are recording good performance, and expectations are growing. Pension funds are expanding their exposure by purchasing Paradise shares on all trading days except for one day from the 2nd to today.

GKL's stock price, which was traded at 18,050 won on 슬롯솔루션 임대 the 21st of last month, is currently trading at 200,250 won, up 12.18%.

Market experts predicted that the casino industry is showing good performance, which is outdated by the economic slowdown, and that there is ample room for additional upside website if the benefits of China's re-opening are added.

Lee Hwa-jeong, a researcher at NH Investment & Securities, said, “At the beginning of this year, casino stock prices reflected expectations for a Chinese reopening in advance, but stock prices moved slowly as monthly earnings fell short of expectations.” will," he predicted.

Ji In-hae, a researcher at Shinhan Investment & Securities, said, "Contrary to the solid fundamentals, stock performance that is not fun continues."

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