{"id":777032789,"date":"2025-10-08T07:52:22","date_gmt":"2025-10-08T10:52:22","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777032789"},"modified":"2026-04-21T18:25:56","modified_gmt":"2026-04-21T21:25:56","slug":"south-koreas-paradise-co-casino-revenue-rises-year-on-year-in-september","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/south-koreas-paradise-co-casino-revenue-rises-year-on-year-in-september","title":{"rendered":"South Korea\u2019s Paradise Co casino revenue rises year-on-year in September"},"content":{"rendered":"\n

Casino sales were KRW64.03bn (US$46.6m).<\/p>\n\n\n\n\n\n\n\n

South Korea.- Paradise Co<\/strong> has shared its financial results for September. The operator has reported casino sales of KRW64.03bn (US$46.6m)<\/strong>. That\u2019s a rise of 4.3 per cent year-on-year but 20.4 per cent behind August\u2019s figure<\/a>. <\/p>\n\n\n\n

Table-game<\/strong> sales were KRW59.01bn (US$42.9m), up 3.4 per cent year-on-year, but down 22.4 per cent compared to the previous month. Table games accounted for more than 90 per cent of total gaming revenue. Machine game<\/strong> sales were KRW5.01bn (US$3.6m), a 16.5 per cent increase year-on-year and up 12.8 per cent compared to August.\u00a0<\/p>\n\n\n\n

For the first nine months of the year<\/strong>, cumulative casino revenue reached KRW673.7bn (US$491m), a 9.5 per cent increase compared to January-September 2024. Table games generated KRW633.95bn (US$461m), up 10.1 per cent year-on-year, while the machine gaming segment increased by 0.9 per cent to KRW39.75bn (US$28.9m).<\/p>\n\n\n

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

Paradise Co operates four 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. It plans to begin construction on a new hotel in Seoul<\/a> with a target opening date in 2028.<\/p>\n\n\n\n

The 18-floor hotel will have approximately\u00a0200 suites and five basement levels<\/strong>\u00a0offering services for foreign VIPs as part of a strategy to\u00a0attract more international high-rollers. The cost of the development is estimated between KRW500bn (US$360m) and KRW550bn (US$400m).<\/p>\n\n\n\n


<\/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> South Korea\u2019s casinos report strong September growth<\/a>\n\t\t\t\t<\/p>\n<\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

Casino sales were KRW64.03bn (US$46.6m).<\/p>\n","protected":false},"author":226,"featured_media":777032793,"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 casino sales of KRW64.03bn (US$46.6m) for September, marking a 4.3% year-on-year increase but a 20.4% month-on-month decline, with table games contributing over 90% of GGR. Cumulative casino revenue for the first nine months reached KRW673.7bn (US$491m), up 9.5% year-on-year. The operator also announced plans for a KRW500bn-KRW550bn investment in a new Seoul hotel by 2028, strategically targeting foreign VIPs.","focusai_entities":"Paradise Co","focusai_location":"South Korea, Seoul, Jeju Island, Busan","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.9), marketing_crm (0.7), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GGR Volatility Factors?","query":"Given the month-on-month decline in GGR despite year-on-year growth, what are the specific market dynamics or operational factors contributing to this short-term volatility, and how does Paradise Co plan to mitigate such fluctuations?"},{"label":"VIP Hotel ROI?","query":"With a substantial capital expenditure planned for the new VIP-focused hotel, what is the projected ROI and timeline for this investment, and how will it impact the company's debt-to-equity ratio and overall capital structure?"}],"footnotes":""},"categories":[28,16338],"tags":[29,24619,1705,152],"class_list":["post-777032789","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-east-asia-news","tag-casino","tag-finance","tag-paradise-co","tag-south-korea"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777032789","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=777032789"}],"version-history":[{"count":6,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777032789\/revisions"}],"predecessor-version":[{"id":777032857,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777032789\/revisions\/777032857"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777032793"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777032789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777032789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777032789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}