HomeNewsSouth KoreaParadise Co. sees 30.4% YoY increase in January casino sales, topping $65.23M

Paradise Co. sees 30.4% YoY increase in January casino sales, topping $65.23M

Foreigner-only Korean integrated resort operator Paradise Co. saw a 31.4 percent yearly increase in casino sales for January, topping KRW94.26 billion ($65.23 million).

According to results released on Tuesday, the figure was also 26.7 percent higher than December.

Table games brought in the majority of income, at KRW89.17 billion ($61.71 million), a sequential rise of 29.6 percent and a yearly uptick of 32.9 percent. Machine games sales saw a downturn from the previous month, dropping by 8.8 percent to KRW5.09 billion ($3.52 million), however the figure was a yearly rise of 9.4 percent.

The group’s Paradise City property continued to generate the highest returns, with KRW51.95 billion ($35.95 million) in casino sales, up by 47.4 percent yearly. The Incheon resort saw drop improve by just 4.9 percent yearly, hitting KRW327.87 billion ($226.89 million).

Paradise Walkerhill, South Korea

The second-highest drop at Paradise Co’s venues was at its Seoul property – Walkerhill Casino, up by only 2.5 percent yearly, to KRW228.37 billion ($158.04 million), resulting in a 2.1 percent rise in casino sales to nearly KRW30.02 billion ($20.77 million).

The monthly results follow a strong FY25, which saw casino sales increase by 9.9 percent year-on-year to KRW900.5 billion ($623.6 million), with table games generating KRW846.3 billion ($585.7 million) for the year, while slot machine revenue totaled KRW54.2 billion ($37.5 million).

Paradise Co. operates four foreigner-only casinos in South Korea: Walkerhill in Seoul, Paradise City in Incheon, Busan Casino, and Jeju Grand.

Kelsey Wilhelm
Kelsey Wilhelmhttps://agbrief.com
Kelsey Wilhelm is a print and broadcast journalist and editor. Based in Asia for over 20 years, he saw the birth of Macau's rampantly successful gaming industry, propelling him into the world of casinos. Now focusing on all markets throughout Asia, he embraces new technologies and trends, from sports betting to online gaming – always seeking the new frontier.

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