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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