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Korea’s Paradise Co surges again in October as casino revenue hits US$51 million

Newsdesk by Newsdesk
Tue 4 Nov 2025 at 15:33
Korea’s Paradise Co plays unlucky in April as casino revenue falls 13% to US$51 million

Paradise City in Incheon, South Korea

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Korea’s leading foreigner-only casino operator Paradise Co reported casino revenues of KRW73.6 billion (US$51.2 million) in October, up 18.5% year-on-year and 16.7% higher than in September.

Rebounding after casino revenues dropped in September, Paradise saw table game revenues climb by 18.3% sequentially to KRW68.7 billion (US$47.8 million) in October – comfortably covering for a slight 2.9% decline in gaming machine revenues to KRW4.87 billion (US$3.39 million).

The improved October performance came on the back of a 12.4% year-on-year and 7.4% month-on-month increase in drop amount to KRW609.5 billion (US$424 million).

For the first 10 months of 2025 combined, casino revenue is up 10.2% to KRW746.3 billion (US$519 million) on a 3.4% improvement in drop amount to KRW5.95 trillion (US$4.14 billion).

Paradise operates three casinos in Seoul, Busan and Jeju as well as holding a controlling 55% stake in Incheon integrated resort Paradise City – a joint venture with Japan’s Sega Sammy Holdings.

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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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