South Korean operator Paradise Co said on November 9 it is considering whether to invest in a possible acquisition of Maison Glad Jeju. In a clarification filed with the Financial Supervisory Service's DART system, it said no decision had been made on whether to acquire the hotel and no specific transaction terms had been settled. The filing responded to a report published earlier that day.
The disclosure gives no proposed price, ownership stake, financing plan or closing date. Paradise said it would provide another update when concrete details are decided, or within one month if they remain unresolved. It has set December 8 as the date for a further filing. The operator's role in any transaction, and whether the purchase proceeds, remain open.
Paradise Casino Jeju Grand operates on the first floor of Maison Glad Jeju at 80 Noyeon-ro in Jeju City, according to the operator's casino website. The site describes the casino as reserved for foreign visitors and lists the hotel as a 513-room property about 10 minutes from Jeju International Airport.
The casino and hotel already share a location, although Paradise has not stated that its current operating arrangement would change.
The company's investor relations FAQ lists four casinos, at Walkerhill in Seoul, Paradise City in Incheon, Busan and Jeju. Its hospitality portfolio includes Paradise City, Art Paradiso, Hyatt Regency Incheon Paradise City and Paradise Hotel Busan.
The potential Jeju investment would concern a hotel linked to an existing casino location. Paradise has given no details of how it would operate or account for the hotel if an investment is agreed.
National tourism figures provide background to the hotel discussions. South Korea's Ministry of Culture, Sports and Tourism reported 17.11 million foreign visitors during the first nine months of 2026, up 21.5% year-over-year.
Those nationwide arrivals do not measure visits to the Jeju property and Paradise has not released a forecast for how a hotel investment would affect casino sales, room demand or earnings.
A November 3 report on Paradise's October sales put casino revenue at KRW82.12bn ($61.1m), up 12.8% year-over-year across four properties. That monthly release did not isolate Jeju's contribution.
Paradise's property description also lists an outdoor pool and event facilities at Maison Glad Jeju
