South Korea’s leading foreigner‑only casino operator, Paradise Co., extended its strong performance into June 2025, posting an impressive KRW 82.0 billion (US $60.3 million) in casino revenue. This marks a slight 0.4 % monthly increase over May and a remarkable year‑on‑year jump of 41 %, underscoring the operator’s momentum into the second half of the year.

June’s results followed a solid May, where Paradise reported KRW 83.5 billion (US $60.3 million)—a 24 % month‑on‑month surge and 10 % year‑on‑year growth—demonstrating both short‑ and long‑term upward trajectory.

Destinations like Incheon’s Paradise City, Seoul’s Walkerhill, Jeju, and Busan remain the backbone of the business, with table games—particularly baccarat—driving the bulk of the growth. The company’s distinctive “foreigner‑only” licensing continues to attract a steady stream of international spenders.

"The growth reflects sustained demand across our integrated resorts," said a Paradise Co. representative, highlighting the company's focus on upscale experiences and premium guests.

This achievement builds upon an already strong core performance—within Q1 2025, Paradise Co. generated KRW 115.6 billion (US $78 million) in casino sales, a 13 % year‑over‑year increase, buoyed by a higher hold rate. The firm’s longer-term goal remains clear: annual revenue growth exceeding 10 % through to 2027, supported by strategic investments and a premium positioning .

Key Factors Behind the Surge:

• Premium positioning – targeting high-value foreign casino patrons.

• Integrated resort expansion – Paradise City IR continues delivering steady returns.

• Higher hold rates – a recurring factor in Q1 and sustained into June.

In Summary

Paradise Co.'s June 2025 performance highlights a company firmly on course—with consecutive monthly gains, robust YoY increases, and an ambitious roadmap through 2027. Its foreigner‑only casinos and IR strategy are yielding consistent dividends, appealing strongly to premium markets and bolstering investor confidence.

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