Paradise Co. revenues fell nearly 40% in March to $33 million


Milena Yeghiazaryan
  • 1 min read
Paradise Co. revenues fell nearly 40% in March to $33 million

In the month of March, Paradise Co. casino revenue declined by 39.6 percent from a year earlier and 44.0 percent from February’s total to US$32.8 million (KRW49.5 billion) due to the lack of explanation from the operator of the casinos.

Despite seeing an increase of 9.7 percent sequentially to US$389 million (KRW587.7 billion) in drop, March saw the total casino revenue decline as the Table Revenue was down 43.4 percent year over year to US$29.1 million (KRW44.0 billion).

In March, the total revenue for the first three months of 2026 is up 1.8 percent compared to a year ago for a total of US$152 million (KRW229.7 billion), with table games revenue increasing by 1.0 percent compared to last year, and machine revenue increasing by 23.6 percent compared to this time last year, and table drop for the first quarter of 2026 is up by 3.6 percent year to US$1.17 billion (KRW1.76 trillion).

Paradise Co. has three casino resorts located in Seoul, Busan, and Jeju, while also owning a 55 percent controlling interest in the Paradise City integrated resort, which is a joint venture with Sega Sammy Holdings of Japan.

Share:
Milena Yeghiazaryan Content Writer

Milena has recently entered the iGaming industry with curiosity, turning the latest industry insights into engaging and accessible content. Passionate about innovation and new opportunities, she enjoys exploring the iGaming world and sharing stories that keep readers informed and up-to-date.