South Korean foreigner-only casino operator Paradise Co recorded casino revenue of KRW477.6bn ($308m) for the first half of 2026, up 5.1% year-on-year, despite a weaker performance in June.
According to the company’s latest filing, June casino revenue totalled KRW63.2bn. This represented a 21.2% decrease compared with June 2025 and a 35.6% decline from May, when revenue reached KRW98.1bn.
Table games, which remain the group’s largest casino revenue source, generated KRW57.6bn in June. The figure was down 23.6% year-on-year and 37.8% month-on-month.
Machine-game revenue moved in the opposite direction, rising 16.8% from a year earlier to KRW5.56bn and increasing 0.7% compared with May.
Casino drop, which measures the amount exchanged by customers for table-game chips, reached KRW641.1bn in June. Although this was 16.2% lower than in May, it was 10.3% higher than the corresponding month in 2025. First-half casino drop rose 8.1% year-on-year to KRW3.81tn.
Paradise Co June casino revenue year-on-year
The June result followed stronger trading earlier in the year, including an April increase in casino revenue.
Across the first six months, table-game revenue rose 4.0% to KRW445.9bn, while machine revenue increased 22.0% to KRW31.7bn.
Paradise operates four foreigner-only casinos in South Korea: Walkerhill Seoul, Paradise Busan, Jeju Grand and Paradise City in Incheon.
The news comes as Paradise Co adopted a co-CEO structure in March following a wider governance overhaul aimed at strengthening minority shareholder protections.
Paradise Co’s casino portfolio is restricted to foreign visitors, as South Korean nationals are generally prohibited from gambling at the company’s properties
