News

Paradise Co reports 11.6% November rise in casino revenue

Operator posts solid year-on-year and month-on-month gains as table games drive growth.

· 3 min read
Share this article
Follow us on Google
AI Summary
Sign in to listen
Paradise Nov Rise
Key Points
November casino revenue rose 11.6% year-on-year to KRW 80.33bn (US$54.8m)
Table game revenue climbed 13.1% to KRW 76.35bn while machine revenue fell
Year to date revenue reached KRW 825.68bn, up 10.2%

South Korea's foreign-player-only casino operator Paradise Co has posted a solid performance for November, recording both year-on-year and month-on-month growth as table games continued to lead the recovery in international visitation.

According to the company's latest filing, November casino revenue reached KRW 80.33bn, an increase of 11.6% compared with the same month last year and 10.6% higher than in October. The improvement marked one of the strongest monthly rebounds of 2025 and reflected steady demand across Paradise's properties in Seoul, Incheon, Busan and Jeju.

Table games once again provided the main uplift. Revenue from table play amounted to KRW 76.35bn, up 13.1% year-on-year and 12.7% month-on-month. Analysts noted that growth in table drop also supported the positive trend, with November drop rising 3.8% year-on-year to KRW 600.72bn.

Machine gaming, however, remained under pressure. Revenue from slots and electronic gaming machines fell 10.5% year-on-year to KRW 3.98bn and was down 18.3% from October. Despite this, the strength of the table segment ensured the company delivered another month of overall expansion.

For the first eleven months of the year, cumulative casino revenue reached KRW 825.68bn, up 10.2% from the same period in 2024. Table games contributed KRW 777.08bn, while machine gaming generated KRW 48.6bn.

Paradise City in Incheon remained the group's largest revenue contributor with KRW 441.41bn recorded year to date, an increase of 16.6%. The company's continued growth aligns with South Korea's broader tourism rebound, supported by rising arrivals from Japan and Southeast Asia.

November's results reinforce a consistent upward trajectory for Paradise Co as it enters the final month of the year with strong table play, stable visitation and a competitive position within the foreigner-only gaming sector.

Good to know

Paradise Co operates four foreign-player-only casinos, including Paradise City in Incheon and Walkerhill in Seoul

Reaction Board

News Analysis

View All
The new kings of US election donations

The new kings of US election donations: AI, crypto and sports betting

During this year's US midterm election cycle, corporate donations reached a record of $648m, with crypto, AI and online betting companies accounting for $344m.

6 min read • • By Patrick Fasolis
Alina Mihaela Popa Interview

Alina Mihaela Popa: Three techniques that make a flagship product

Iconic21's Chief Commercial Officer discusses how to grow an iGaming franchise.

4 min read • • By Will Underwood
SiGMA World Themes: AI, Crypto and more

SiGMA World preview: AI, crypto and the event's biggest themes

Experts from all over the world and across the whole industry will gather in November to discuss some of the biggest topics in gambling.

5 min read • • By Patrick Fasolis

In The News

View All