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Casino revenue at Korea’s Paradise Co up 23% year-on-year to US$55 million in July, slightly down sequentially

Newsdesk by Newsdesk
Tue 5 Aug 2025 at 05:14
Casino revenue at Korea’s Paradise Co up 23% year-on-year to US$55 million in July, slightly down sequentially

Paradise Walkerhill in Seoul

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Leading Korean foreigner-only casino operator Paradise Co reported a 23.0% year-on-year increase in casino revenues to KRW75.7 billion (US$54.7 million) in July, however the figure was 6.3% lower than in June.

According to information filed with the Korea Exchange. July saw table games revenues fall by 6.1% month-on-month to KRW71.4 billion (US51.6 million) and machine revenues down by 10.1% to KRW4.28 billion (US$3.09 million).

This was despite drop amount showing both year-on-year and sequential improvement – up 0.4% month-on-month and 7.7% versus July 2024 to KRW583.9 billion (US$422 million). 

Casino revenues for the first seven months of 2025 combined sit 10.2% higher year-on-year at KRW531.3 billion (US$384 million).

Paradise, which recently revealed plans to develop a luxury hotel in Seoul and upgrade its VIP gaming areas to improve its appeal to international guests, operates four casinos in Korea including integrated resort Paradise City in Incheon – a joint venture with Japan’s Sega Sammy – plus casinos in Seoul, Busan and Jeju.

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The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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