Content Writer: Janice Chew • Thursday, 25/09/2025 - 23:43:12 - PM
South Korea’s top foreigner‑only casino operator, Paradise Co., reported a solid 11.7% year-over‑year increase in casino revenue for August 2025, reaching KRW 80.45 billion (approximately US $57.7 million). This marked yet another climb in a series of monthly gains, with revenue also rising 7.0% month-on-month compared to July. The growth was underpinned by a standout performance in table games, which saw a 12.9% year-on-year rise to KRW 76.01 billion (US $59.4 million), effectively offsetting a dip in machine gaming, down 5.8% year-on-year to KRW 4.45 billion (US $3.5 million), though up slightly 3.9% from July.
This performance pushed Paradise Co.’s eight‑month total casino revenue to KRW 610.74 billion (US $477 million)—a 10.2% increase year-on-year. Table game revenues have been the engine of the rebound, with sustained double-digit growth driving overall year-to-date gains, while machine gaming continues to lag.
August’s results underscore a longer trend of resilience and expansion. Earlier in the year, Paradise Co. posted a 7% year-on-year revenue increase in Q1 2025, alongside healthy gains in operating profit, net income, and EBITDA. Further, its 2024 annual results revealed 10.2% growth in casino revenue, propelled by strong table games performance. Such consistent momentum feeds into its broader “Value Up” strategy, which targets annual revenue growth of over 10% through 2027, backed by ambitious developments including a luxury hotel in Seoul and VIP-focused enhancements.
Looking ahead, Paradise Co.’s August rebound reflects both operational strength and strategic foresight in catering to premium, foreign-only clientele. Its continued reliance on table gaming and strategic reinvestments—like the new hotel and VIP amenities—positions the operator well to capitalize on post-pandemic recovery and international travel dynamics. Should these initiatives succeed, Paradise Co. may well sustain its growth trajectory even in the face of uneven machine gaming trends.