TLDR
- Paradise Co posted casino revenue of KRW477.6 billion (US$308 million) for 1H26, up 5.1% year-over-year.
- June revenue fell 21.2% year-over-year and 35.6% month-over-month to KRW63.2 billion (US$40.7 million).
- Table game revenue in June dropped 23.6% year-over-year, while machine revenue rose 16.8%.
- Paradise Sega Sammy repaid a KRW100 billion (US$64.5 million) loan on March 31, 2026.
- Paradise Co reported 2025 group revenue of KRW1.15 trillion (US$789 million).
Paradise Co reported casino revenue of KRW477.6 billion, or US$308 million, for the first half of 2026. This marks a 5.1% increase compared to the same period last year.
The South Korea-based casino operator serves foreign visitors only. It operates four exclusive facilities, including the Paradise City integrated resort in Incheon.
The company shared the figures in a filing released on Thursday. It attributed the overall gain to a strong start to the year, followed by a weaker June.
June Revenue Declines
June revenue came in at KRW63.2 billion, or US$40.7 million. That total was down 21.2% from June last year and 35.6% lower than May.
The company did not explain the reason for the drop. No further details were given in the filing.
Casino drop, which measures total customer wagering activity, reached KRW641.1 billion, or US$413 million, in June. That figure was up 10.3% year-over-year but down 16.2% from the prior month.
The drop numbers suggest customers kept playing even as revenue softened. Paradise said it recorded year-over-year gains in four of the six months so far this year.
That trend helped balance out the weaker June result. It also supported the overall first-half total staying above last year’s figure.
Gaming Segments Show Mixed Results
The breakdown for June showed different results across game types. Table game revenue fell 23.6% year-over-year to KRW57.6 billion, or US$37.1 million.
Machine revenue moved in the opposite direction. It rose 16.8% to KRW5.56 billion, or US$3.58 million, for the month.
Table games make up the larger share of Paradise’s business. The decline in that segment weighed on June’s total, even as machines added a small gain.
Despite the weaker month, the first-half total for 2026 stayed ahead of last year’s pace. The gains recorded earlier in the year carried through the period.
Paradise’s most recent annual figures show a group-wide revenue of KRW1.15 trillion, or US$789 million, for 2025. Operating income for that year was KRW156.4 billion, or US$107 million.
Those 2025 numbers provide the backdrop for the current half-year results. They show the scale of the business behind the latest casino revenue figures.
Separately, Paradise announced that its subsidiary, Paradise Sega Sammy, finished repaying a loan of KRW100 billion, or US$64.5 million. The loan had received a 12-month extension before repayment.
The repayment was completed on March 31, 2026. Paradise owns 55% of Paradise Sega Sammy, while Sega Sammy Holdings of Japan owns the remaining 45%.
Paradise Sega Sammy operates Paradise City, the company’s flagship resort. The completed repayment was disclosed alongside the casino revenue update in the same filing.
Together, the first-half revenue gain, the June slowdown, and the finished loan repayment make up the full picture from Thursday’s filing. The company’s results for the rest of 2026 will show whether the June dip continues or fades.
