Casino sales at Paradise Co Ltd reached KRW80.95 billion (US$55.3 million) in March, a 51.6-percent increase from a year earlier. Judged sequentially, the March tally was up 15.3 percent, according to a Wednesday filing to the Korea Exchange.
The company is an operator in South Korea of foreigner-only casinos, including a venture at Paradise City in Incheon, done jointly with Japanese entertainment conglomerate Sega Sammy Holdings Inc.
Paradise Co also runs gaming at Walkerhill (pictured), Seoul, as well as in the southern port city of Busan, and at a venue on the semi-autonomous holiday island of Jeju.
Table-games sales in March were KRW76.88 billion, up 16.6 percent from February, and 55.7-percent higher than a year ago.
Machine-game sales last month stood at KRW4.07 billion, down 4.5 percent sequentially, but slightly up by 1.3 percent from March 2024.
The March figures took Paradise’s aggregate casino sales for the first three months of this year to just under KRW222.92 billion, up 8.8 percent year-on-year. About 94.2 percent of first-quarter casino sales – i.e., KRW209.93 billion – was from table games, up 9.7 percent from the prior-year period.
Accumulated table drop for the three months to March 31 – the amount paid by customers to purchase gaming chips at tables – stood at KRW1.69 trillion, down by 2.0 percent year-on-year, according to Wednesday’s filing.
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