Key Highlights
- First-half 2026 casino revenue reached KRW477.6 billion (US$308 million), marking a 5.1% annual increase.
- Monthly revenue for June totaled KRW63.2 billion (US$40.7 million), declining 21.2% annually and 35.6% from May.
- June table game sales decreased 23.6% year-over-year, contrasted by a 16.8% increase in machine gaming revenue.
- Subsidiary Paradise Sega Sammy completed repayment of a KRW100 billion (US$64.5 million) loan on March 31, 2026.
- Full-year 2025 group revenue totaled KRW1.15 trillion (US$789 million).
Paradise Co disclosed casino revenue totaling KRW477.6 billion (US$308 million) for the opening six months of 2026. The figure represents a year-over-year advancement of 5.1%.
The casino operator, headquartered in South Korea, caters exclusively to international guests. Its portfolio encompasses four dedicated gaming properties, including the Paradise City integrated resort located in Incheon.
These metrics were unveiled in a regulatory filing published Thursday. The operator cited robust performance during the year’s early months, offset partially by diminished June results.
Monthly Performance Weakens in June
Revenue for June registered at KRW63.2 billion (US$40.7 million). This represented a 21.2% decline from the corresponding month in 2025 and a 35.6% sequential decrease from May’s performance.
The operator offered no explanation for the monthly downturn. Additional context was absent from the regulatory disclosure.
Casino drop—a metric tracking total wagering volume—amounted to KRW641.1 billion (US$413 million) during June. This figure advanced 10.3% compared to June 2025 but retreated 16.2% versus May.
The wagering data indicates sustained customer engagement despite revenue contraction. Paradise noted positive year-over-year comparisons in four out of six months during the reporting period.
This momentum helped offset June’s underperformance. The pattern also enabled the half-year aggregate to surpass the prior year’s comparable total.
Contrasting Performance Across Gaming Categories
June’s segmented results revealed divergent trends by gaming format. Revenue from table games contracted 23.6% year-over-year to KRW57.6 billion (US$37.1 million).
Machine gaming revenue demonstrated opposite momentum. The category expanded 16.8% to KRW5.56 billion (US$3.58 million) during the month.
Table gaming represents the dominant portion of Paradise’s revenue mix. The segment’s decline created significant headwinds for June’s overall performance, despite modest machine gaming growth.
Notwithstanding the monthly weakness, the cumulative first-half 2026 total exceeded the prior year’s level. Earlier months’ strong performance sustained the positive trajectory throughout the period.
Paradise’s latest annual disclosure revealed consolidated revenue of KRW1.15 trillion (US$789 million) for 2025. Operating profit for that fiscal year measured KRW156.4 billion (US$107 million).
These 2025 benchmarks establish context for evaluating the current semester’s performance. They illustrate the operational magnitude underlying the recent casino revenue data.
In a separate disclosure, Paradise confirmed its subsidiary Paradise Sega Sammy concluded repayment of a KRW100 billion (US$64.5 million) borrowing facility. The loan had previously secured a one-year maturity extension.
Final repayment occurred on March 31, 2026. Paradise maintains a 55% ownership stake in Paradise Sega Sammy, with Japan’s Sega Sammy Holdings controlling the remaining 45%.
Paradise Sega Sammy manages Paradise City, the company’s premier integrated resort property. The debt settlement announcement accompanied the casino revenue disclosure in Thursday’s filing.
Collectively, the half-year revenue advancement, June’s performance deterioration, and the completed loan obligation comprise the comprehensive narrative from Thursday’s regulatory submission. Second-half 2026 results will clarify whether June’s weakness persists or proves temporary.
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