Korea’s leading foreigner-only casino operator, Paradise Co, reported net casino revenue of KRW86.7 billion (US$64.5 million) in September, up 38.2% over the same month last year although down 16.8% compared with the all-time record in August, when sales soared to KRW104.3 billion (US$77.6 million).
September was a softer month for Paradise, with drop amount – while up 6.6% year-on-year – falling 11.1% versus August to KRW605.1 billion (US$450 million). This saw table revenue drop 17.9% sequentially to KRW81.1 billion (US$60.4 million).
Machine revenue grew by 12.6% year-on-year and 3.2% month-on-month to KRW5.65 billion (US$4.20 million).
For the first nine months of 2026 combined, casino revenue at the company’s four casinos grew by 10.8% year-on-year to KRW744.6 billion (US$554 million) on an 8.1% rise in drop amount to KRW5.77 trillion (US$4.29 billion).
This included a record third quarter, with information from Paradise indicating that casino revenue reached KRW268.2 billion (US$200 million) – up from the previous record of KRW247.5 billion (US$184 million) thanks to improved hold.
Paradise operates Paradise Walkerhill in Seoul, Paradise Jeju Grand, Paradise Busan and flagship Incheon integrated resort Paradise City.
RelatedPosts
