Paradise Co. February Casino Sales Rebound Driven by Regional Tourism
Paradise Co. posted a 24.3% year-on-year increase in casino sales for February, reporting KRW89.51 billion (about $61.2 million).
Key Takeaways:
- Paradise Co. sees a 24.3% year-on-year increase in February casino sales
- Table games dominate, with Busan showing a significant regional rebound
- Full-year 2025 revenue forecast up nearly 10% amid normalization of inbound tourism
This is a modest 2.4% decline from January’s stronger result, according to Asia Gaming Brief.
Table games drove the performance with KRW84.98 billion ($58.1 million), rising 25.5% year-on-year but slipping 2% month-on-month, while machine games contributed KRW4.53 billion ($3.1 million), up 6.2% annually but down 9% from January.
Table games were also a source of Grand Korea Leisure’s February lifted revenue.
The group’s casino drop edged up 1.9% year-on-year to roughly KRW535.6 billion ($366.4 million) yet was 15.3% lower than January.
Breaking the Casino Sales Down
Paradise City, where the operator holds a 55% stake alongside Sega Sammy, produced the largest share of February sales at KRW40.03 billion ($27.4 million), up nearly 5% from a year earlier but down 22.7% from January.
Busan delivered a standout monthly swing, with sales up 266.8% year-on-year to KRW16.69 billion ($11.4 million) and rising 97.6% versus January, a rebound analysts link to stronger Chinese inbound travel in February amid regional tourism shifts and the timing of Lunar New Year.
For the full year 2025 Paradise reported casino revenue of KRW900.5 billion ($623.6 million), a 9.9% annual increase, with table games accounting for the bulk of annual receipts and machine revenue remaining a much smaller segment.
The group’s four foreigner-only properties, Walkerhill, Paradise City, Busan and Jeju, continue to shape its recovery trajectory as inbound tourism patterns normalize.
