Good Morning. The year is starting off well for gaming operators, as evidenced by January gaming results. In Korea, Paradise Co saw a 30 percent yearly increase in casino sales, topping $65 million. State-run Grand Korea Leisure trailed, with just a 6.5 percent yearly uptick, to $25 million. Looking to the Philippines, the country is wary of returning to the FATF grey list but, given the recent corruption scandal, its upcoming evaluation is likely to be less focused on casinos. Meanwhile, China saw lottery sales hit a new record last year, at $904 billion, despite slowing growth.
What you need to know
- January was strong for Korea’s Paradise Co., with a 30.4 percent year-on-year increase in casino sales, topping $65.23 million.
- China lottery sales hit a new record in 2025, reaching $904 billion, however, growth slowed to just 0.7 percent yearly.
- The Philippines’ central bank governor warns that the country again risks being placed on the FATF grey list.
- Grand Korea Leisure saw steady casino sales in January, with a 6.6 percent rise year-on-year, to $25.3 million.
On the radar
- Chinese arrivals to Cambodia top 1.2M in 2025, up over 40%.
- Uber rolls out cross-border HK–Macau trips and Macau taxi services.
- Wynn Al Marjan Island bridge project reaches half completion.
- AI & crypto driving surge in financial crime across Asia: consultancy.
- SkyCity to “lead the change” in online casino gaming in NZ: CEO.
- Macau to welcome up to 1.5M tourists during LNY festivities: MGTO.
AGB Intelligence
RESULTS
Paradise Co. casino sales up 30.4% in January, topping $65M
The foreigner-only market was active in January in South Korea, setting a positive tone for the rest of the year. Paradise Co. saw a 30.4 percent increase in casino sales year-on-year, topping $65.23 million. Table games continue to be the main driver, but machine game revenue also performed well on a yearly basis. Gaming activity was centered around the group’s Incheon and Seoul properties – Paradise City and Walkerhill.
Industry Updates
- Konami’s SYNK Vision shortlisted for 2026 Regulating the Game Awards.
- BMM Testlabs secures Minas Gerais license, expanding its Brazil portfolio.
- IBIA records 29% increase in Integrity alerts in 2025 annual report.
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