{"id":777038696,"date":"2026-03-04T08:14:09","date_gmt":"2026-03-04T11:14:09","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777038696"},"modified":"2026-04-21T13:51:51","modified_gmt":"2026-04-21T16:51:51","slug":"south-koreas-paradise-co-casino-revenue-rises-24-in-february","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/south-koreas-paradise-co-casino-revenue-rises-24-in-february","title":{"rendered":"South Korea\u2019s Paradise Co casino revenue rises 24% in February"},"content":{"rendered":"\n

Casino sales increased year-on-year but fell compared to January.<\/p>\n\n\n\n\n\n\n\n

South Korea.- Paradise Co<\/strong> has shared its financial results for February. The operator has reported casino sales of KRW89.51bn (US$60.8m)<\/strong>, up 24.4 per cent year-on-year but down 2.4 per cent compared to January\u2019s sales<\/a> of KRW94.3bn (US$65.3m).\u00a0<\/p>\n\n\n\n

Table-game <\/strong>sales were KRW84.98bn (US$57.7m), up 25.5 per cent year-on-year but 2 per cent behind January. Machine game<\/strong> sales were KRW4.53bn (US$3.1m), a 6.2 per cent increase compared to February 2025 but down 9 per cent compared to the previous month. The table drop was KRW535.59bn (US$364m), up 1.9 per cent year-on-year but 15.3 per cent down sequentially.<\/p>\n\n\n\n

For the full-year 2025, Paradise Co reported casino sales of KRW900.5bn (US$623.6m)<\/a>, up 9.9 per cent year-on-year. Table-game<\/strong> sales were KRW846.3bn (US$585.7m), up 10.3 per cent, while machine game<\/strong> sales were KRW54.2bn (US$37.5m), a 4.1 per cent increase. The aggregate table drop was KRW7.15 trillion, up 4.1 per cent compared to 2024.<\/p>\n\n\n\n

\"\"
Paradise City.<\/figcaption><\/figure>\n\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.<\/p>\n\n\n\n

A planned\u00a0new hotel in Seoul<\/a>\u00a0has a target opening for 2028. The 18-floor hotel will have approximately\u00a0200 suites and five basement levels\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> Belle Corp gaming revenue falls in 2025<\/a>\n\t\t\t\t<\/p>\n<\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

Casino sales increased year-on-year but fell compared to January.<\/p>\n","protected":false},"author":226,"featured_media":777038700,"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 a robust 24.4% year-on-year increase in February casino sales, reaching KRW89.51bn, despite a marginal sequential decline from January. The operator concluded FY2025 with casino sales of KRW900.5bn, marking a 9.9% annual growth. Strategically, Paradise Co is committing KRW500-550bn to a new Seoul hotel, slated for 2028, specifically designed to enhance its appeal and capture a larger share of the international high-roller market.","focusai_entities":"Paradise Co","focusai_location":"South Korea, Seoul, Jeju Island, Busan","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.9), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Capital Allocation Strategy","query":"What is the detailed capital allocation strategy for the new Seoul hotel development, and how does Paradise Co project its impact on future NGR and EBITDA margins, particularly from the foreign VIP segment?"},{"label":"Market Dynamics Analysis","query":"Beyond the reported figures, what specific market dynamics or macroeconomic factors influenced the sequential decline in Paradise Co's February GGR and table drop, and what is the management's outlook for H1 2026 performance?"}],"footnotes":""},"categories":[28,16338],"tags":[29,24619,1705,152],"class_list":["post-777038696","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\/777038696","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=777038696"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777038696\/revisions"}],"predecessor-version":[{"id":777038724,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777038696\/revisions\/777038724"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777038700"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777038696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777038696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777038696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}