{"id":777031157,"date":"2025-09-03T07:25:21","date_gmt":"2025-09-03T10:25:21","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777031157"},"modified":"2026-04-21T19:33:41","modified_gmt":"2026-04-21T22:33:41","slug":"south-koreas-paradise-co-casino-revenue-rises-year-on-year-in-august","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/south-koreas-paradise-co-casino-revenue-rises-year-on-year-in-august","title":{"rendered":"South Korea\u2019s Paradise Co casino revenue rises year-on-year in August"},"content":{"rendered":"\n

Casino sales were KRW80.45bn (US$57.7m).<\/p>\n\n\n\n\n\n\n\n

South Korea.- Paradise Co<\/strong> has shared its financial results for August. The operator has reported casino sales of KRW80.45bn (US$57.7m). That\u2019s a rise of 11.7 per cent year-on-year and 7 per cent from July\u2019s figure<\/a>.\u00a0<\/p>\n\n\n\n

Table-game<\/strong> sales were KRW76.01bn (US$59.4m), up 12.9 per cent year-on-year. Machine game<\/strong> sales were KRW4.45 (US$3.2m), down 5.8 per cent year-on-year but up 3.9 per cent compared to July.\u00a0<\/p>\n\n\n\n

For the first eight months of the year, cumulative casino revenue<\/strong> reached KRW610.74bn (US$477m), a 10.2 per cent increase compared to January-August 2024. The growth was driven by table games, which generated KRW576bn (US$450m), up 11 per cent year-on-year, while the machine gaming segment declined by 1.1 per cent to KRW34.74bn (US$27.1m).<\/p>\n\n\n\n

\"Paradise
Paradise City, near the main international airport serving Seoul. <\/figcaption><\/figure>\n\n\n\n

Paradise Co operates\u00a0four casinos<\/strong>: Walkerhill in Seoul, Jeju Grand on Jeju Island, Busan Casino in the southern port city of Busan, and Paradise City, near the main international airport serving Seoul.\u00a0It plans to begin construction on\u00a0a new hotel in Seoul<\/a>\u00a0with a target opening date in 2028.<\/p>\n\n\n\n

The 18-floor hotel will have approximately 200 suites and five basement levels<\/strong> offering services for foreign VIPs as part of a strategy to attract more international high-rollers. The cost of the development is estimated between KRW500 (US$360m) and KRW550 (US$400m).<\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> Hakodate also interested in hosting casino on Hokkaido<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

Casino sales were KRW80.45bn (US$57.7m).<\/p>\n","protected":false},"author":226,"featured_media":777031163,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Paradise Co reported August casino sales of KRW80.45bn (US$57.7m), an 11.7% year-on-year increase, primarily driven by robust table-game performance. Cumulative casino revenue for the first eight months reached KRW610.74bn (US$477m), up 10.2% YoY. The operator also announced plans for a new KRW500-550bn hotel in Seoul, targeting foreign VIPs and high-rollers for a 2028 opening.","focusai_entities":"Paradise Co","focusai_location":"South Korea, Seoul, Jeju Island, Busan","focusai_target_profile":"ceo_executive (0.9), investor_analyst (1.0), operator_casino (0.9), supplier_vendor (0.7), marketing_crm (0.7), payments_fraud_aml (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Q3 GGR Outlook?","query":"Given the strong August performance and strategic investment in VIP infrastructure, what is Paradise Co's projected Q3 GGR trajectory and its impact on full-year guidance?"},{"label":"Hotel ROI Analysis?","query":"What is the anticipated return on investment and projected timeline for profitability for the new Seoul hotel, considering the KRW500-550bn capital expenditure and exclusive foreign VIP focus?"}],"footnotes":""},"categories":[28,16338,158],"tags":[1705],"class_list":["post-777031157","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-east-asia-news","category-slider-home","tag-paradise-co"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777031157","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777031157"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777031157\/revisions"}],"predecessor-version":[{"id":777031166,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777031157\/revisions\/777031166"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777031163"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777031157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777031157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777031157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}