Paradise Co recorded its strongest monthly casino performance of 2026 in August, with casino revenue surpassing KRW100bn for the first time this year as demand continued to strengthen following July's rebound.
According to preliminary results, consolidated casino revenue across the company's four casino properties totaled KRW104.9bn in August. The figure was up 35.8% from KRW77.2bn in July and increased 32.1% compared with August 2025.
Table games remained the main contributor to growth, generating KRW99.4bn in revenue. This represented a 36.6% increase from the previous month and a 32.7% rise year-over-year. Slot machine revenue also improved, climbing 23.4% month over month to KRW5.5bn and 23.1% from the same period last year.
Gaming volume also moved higher during the month. Table drop, which measures the amount of cash or credit exchanged for gaming chips, reached KRW680.5bn, up 1.3% from July and 3.7% year-over-year.
Paradise Co Monthly Revenue (KRW BN)
For the first eight months of 2026, Paradise generated casino revenue of KRW658.5bn, an 8.1% increase from the same period in 2025. Table game revenue rose 7.4% to KRW616.8bn, while slot machine revenue climbed 19.9% to KRW41.7bn. Cumulative table drop also increased 8.3% year over year to KRW5.17trn.
The latest results extend the recovery that began in July after a weaker June, suggesting the company has entered the second half of the year with renewed momentum.
The strong operating performance comes as Paradise prepares its first public corporate bond issuance since receiving an A+ credit rating upgrade.
The company plans to raise KRW60bn through two-year and three-year notes, with the option to increase the issuance to KRW100bn depending on investor demand. Credit agencies have maintained a stable outlook, citing continued earnings growth, hotel expansion and solid financial stability despite ongoing investment projects.
Table drop increased 3.7% year over year to KRW680.5bn in August
