South Korean foreigner-only casino operator Paradise Co. posted record monthly casino revenue of KRW104.91 billion ($76.9 million) in August, despite VIP traffic remaining nearly unchanged from a year earlier.
The result represented an increase of 32.1 percent year-on-year and 35.8 percent from the revised July figure of KRW77.22 billion ($56.6 million), according to a Korea Exchange filing and monthly operating data released by the company on Wednesday.
August revenue surpassed the previous monthly high of KRW98.14 billion ($72 million), recorded in May.
Paradise registered 16,950 VIP visiting days across its four casinos during the month, compared with 16,879 in August 2025. The company’s measure counts each day on which a VIP customer visits rather than the number of unique visitors.
Japanese VIP visiting days increased to 9,668 from 9,217 a year earlier. Chinese VIP visiting days declined to 3,027 from 3,325, while visiting days from other VIP customers eased to 4,255 from 4,337.
The limited change in VIP traffic contrasted with the stronger gaming results. Table-game revenue rose 32.7 percent year-on-year to KRW99.43 billion ($72.9 million), while table drop increased by a more moderate 3.7 percent to KRW680.50 billion ($498.9 million).
The difference was reflected in the group’s table hold, which reached 14.6 percent in August, compared with 11.4 percent a year earlier and 10.8 percent in July. Machine revenue rose 23.1 percent to KRW5.47 billion ($4 million).
Japanese VIP drop—the operator’s largest customer segment—increased 3.1 percent to KRW298.95 billion ($219.2 million). Chinese VIP drop declined 12 percent to KRW100.20 billion ($73.5 million), while mass-market drop grew 3.9 percent to KRW159.39 billion ($116.9 million).
Casino revenue for the first eight months of 2026 increased 8.1 percent to KRW658.50 billion ($482.8 million). Cumulative table drop rose 8.3 percent to KRW5.17 trillion ($3.79 billion).
