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South Korea's foreigner-only casino operator reports strongest monthly increase since summer amid rising overseas arrivals.
The operator managed to increase its net income from the $4.2m loss reported for the third quarter of 2024, while adjusted EBITDA grew 11.5% year-over-year to $51.2m for Q3 2025.
The company has posted a strong quarterly performance, helping to balance weaker results from earlier this year.
The revenue growth was largely driven by an 89% increase in media technology, content and services revenue.
Results for the third quarter reflect company growth when compared to the previous third-quarter figures.
Supplier expands into North America following record cash generation and new market entries.
The company has seen rises across the board, with its FY 2025 revenue expectations now resting at €2.27bn.
The revenue generated for the third quarter of 2025 equates to a 26% increase year-over-year, while adjusted EBITDA grew by 65% for a total of $152.1m throughout the quarterly period.
The net loss generated for Q3 2025 represents an increase of 194.4%, as the operator projects FY2025 revenue and consolidated AEBITDA to fall below previously issued guidance ranges.
Hollywood Casino Toledo was the only property currently operating in Ohio to report an increase in casino revenue from the prior year period for September, rising 3% for a total of $18.5m.
