Paradise Co. Extend Winning Streak with 21.2% Casino Sale Increase in May
May's numbers differ from March's statistics where the company suffered a 39.6% year-on-year decline
- Paradise Co. reports a 21.2% rise in casino sales in May to KRW98.87 billion
- Table games drive growth, with a 21.4% year-on-year increase in table-game sales
- Cumulative five-month sales show sustained momentum with a 10.9% rise compared to last year
Paradise Co. reported another solid month in May, with casino sales rising 21.2% from a year earlier to KRW98.87 billion, or about (US$65.2 million), according to AGBrief.
The result also marked a 13.1% gain from April, extending the South Korean foreigner-only operator’s recent run of stronger trading. Table games remained the main driver, while machine revenue continued to contribute a smaller but growing share.
Table Action Stays Strong
The company said table-game sales reached KRW93.35 billion (US$60.9 million) up 21.4% year on year and 14.3% sequentially.
Machine-game revenue rose 18.2% from a year earlier to KRW5.52 billion (US$3.6 million), though it slipped 3.6% from April. May table drop, a key measure of player spending, increased 18.7% year on year to KRW765.25 billion (US$499.5 million).
GGRAsia reported that Paradise’s May table-games hold rate was 12.2%, slightly above the 11.9% it posted a year earlier.
Five-month Trend Supports Momentum
For the first five months of 2026, Paradise recorded cumulative casino sales of KRW415.18 billion, up 10.9% year on year.
The company logged 17,078 VIP “visitor days” in May, led by Japanese and Chinese customers, underscoring the importance of premium play.
Paradise operates casinos in Seoul, Busan, Jeju and Incheon through Paradise City, a joint venture with Sega Sammy Holdings, giving it broad exposure to South Korea’s inbound gaming market.
May’s results stood different from March’s data when the company suffered a 39.6% year-on-year decline in revenue.
