South Korean foreigner-only casino operator Paradise Co. posted a sharp rise in casino revenue for June, with takings reaching KRW82.05 billion ($59.5 million)—marking a 41 percent increase year-on-year and a modest 0.4 percent uptick from May.
The surge was primarily driven by strong performance across both table games and gaming machines. According to a financial update released on the Korean Stock Exchange on Wednesday, table gaming revenue rose 41.6 percent year-on-year to KRW72.29 billion ($52.4 million), while revenue from gaming machines climbed 32.7 percent to KRW4.76 billion ($3.5 million). On a monthly basis, machine revenue also saw a slight increase of 1.9 percent.
Cumulatively, for the first half of 2025, Paradise Co. reported total casino revenue of KRW456.90 billion ($331.1 million), reflecting an 8.7 percent increase compared to the same period in 2024. This growth was largely fueled by table games, which brought in KRW420.89 billion ($304.3 million)—up 9.2 percent year-on-year. Meanwhile, the machine gaming segment saw more modest growth, rising 0.3 percent to KRW26.01 billion ($18.8 million).
Paradise Co. operates three casino properties across South Korea: Walkerhill in Seoul, Paradise Jeju on Jeju Island, and a venue in Busan. It also runs Paradise City in Incheon through a joint venture with Japan’s Sega Sammy Holdings Inc., which remains a key asset in its integrated resort portfolio.
