South Korea's Paradise Co reported casino revenue of KRW 73.58bn ($53.2m) for October 2025, an 18.5% year-on-year rise and a 16.7% month-on-month increase from September. The result marks another sign of recovery in inbound tourism and sustained demand among foreign players across Paradise's resort network.
Table games drove performance, generating KRW 68.71bn, up 19.2% year-on-year and 18.3% higher than September. Meanwhile, machine game revenue edged down 2.9% month-on-month to KRW 4.87bn but remained 9.4% above the prior-year level.
For the first ten months of 2025, cumulative casino revenue reached KRW 746.33bn, up 10.2% year-on-year. Table games contributed KRW 701.7bn and machine games KRW 44.6bn.
Paradise operates four casinos in South Korea exclusively for foreign visitors, Walkerhill in Seoul, Paradise City in Incheon, Busan Casino, and Jeju Grand.
The company's October growth coincides with a wider post-pandemic tourism rebound, driven by increased visitation from Japan and Southeast Asia.
Paradise's results contrast with a slower September, when overall casino sales rose only 4.3% year-on-year but fell 20.4% month-on-month amid a seasonal tourism lull.
The strong October rebound suggests improving stability across South Korea's foreigner-only casino sector.
Elsewhere in the market, Bloomberry Resorts Corporation announced plans in late October to divest its Jeju Sun Hotel & Casino operation, marking an exit from South Korea as it refocuses on domestic expansion in the Philippines.
South Korea's new visa-free policy for Chinese tour groups, introduced in September, is expected to further lift inbound travel and gaming revenue in Q4
