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Paradise Co posts 24% jump in February casino revenue

Cumulative revenue up 26% in early 2026 despite softer monthly performance.

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Key Points
February casino revenue up 24% year-on-year to KRW 89.5bn (US$67m)
Year-to-date casino revenue climbs 26% to KRW 181.2bn
Table drop sees modest 2% year-on-year increase

Paradise Co, operator of four foreigner player-only casinos across South Korea, reported a significant year-on-year rise in casino revenue for February 2026, according to a filing with the Korea Exchange. Casino revenue grew 24% from a year earlier to KRW 89.5bn, driven mainly by strong table performance across its network.

Table revenue for the month reached KRW 85.0bn, a 26% increase year on year. Machine revenue also improved, rising 6% to KRW 4.5bn. However, compared with January, overall casino revenue declined 2%, with table revenue down 2% and machine revenue down 9%. 

February table drop reached KRW 535.6bn, marking a 2% year-on-year increase but a 15% decrease from January’s KRW 632.6bn. Year-to-date drop for January–February totalled KRW 1.17trn, up 6% compared with the same period in 2025.

Paradise Co also recorded notable cumulative gains in early 2026. For the first two months of the year, casino revenue rose 26% year on year to KRW 181.2bn. Table revenue increased 27% to KRW 171.7bn, while machine revenue was up 7% at KRW 9.5bn.

The company clarified that the reported figures cover all four of its casino properties and remain provisional pending final confirmation. January results were restated as finalized figures.

Paradise Co provided no additional forward-looking commentary but noted that the disclosure was made for timely communication with investors and analysts.

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Table revenue increases 26% year on year; machine revenue rises 6%

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