Paradise Co Delivers Record Third Quarter Through Strong Table Performance

Paradise Co posted net casino revenue of KRW86.7 billion for September 2026, which equals US$64.5 million, marking a 38.2 percent increase from the same month a year earlier while falling 16.8 percent from the August peak; this result wrapped up a record third quarter that reached KRW268.2 billion or US$200 million across the operator's four locations.

The September figure contributed to nine-month revenue that climbed 10.8 percent year-over-year to US$554 million, with the growth tied directly to improved table hold rates at Paradise City in Incheon, Walkerhill in Seoul, Busan, and Jeju Grand.

Monthly and Quarterly Revenue Details

Company filings referenced in coverage of the monthly operating data show the September total completed a third-quarter performance that surpassed prior benchmarks, driven by sustained visitor activity and favorable hold percentages on table games; the sequential decline from August reflects typical monthly variation rather than any shift in underlying demand trends.

Observers tracking the Korea Exchange filing note that the year-over-year jump of 38.2 percent demonstrates continued recovery momentum for the foreigner-only casino operator, while the nine-month cumulative result of US$554 million positions Paradise Co ahead of the comparable period in 2025.

Property Contributions and Operational Drivers

Revenue across the four properties benefited from higher table hold rates, which lifted overall performance despite the month-to-month dip from August; Paradise City, Walkerhill, Busan, and Jeju Grand each reported activity levels that aligned with broader patterns of increased international visitation during the quarter.

Data indicates the combined third-quarter total of KRW268.2 billion represents the strongest such period on record for the operator, with table games serving as the primary contributor to the 10.8 percent nine-month gain; management attributed the hold-rate improvements to optimized game mix and player segmentation strategies implemented earlier in the year.

Those reviewing the September results highlight that the US$64.5 million monthly revenue, while below August, still exceeded expectations based on prior-year comparisons; the four-site portfolio maintained consistent operational capacity throughout the period, supporting the overall upward trajectory in cumulative figures.

Context Within Broader Reporting Cycle

Reports filed in early October 2026 presented these figures as part of standard monthly disclosures, allowing market participants to assess performance against both recent peaks and longer-term growth benchmarks; the 38.2 percent year-over-year rise in September contrasted with the 16.8 percent month-over-month softening, illustrating the interplay between seasonal patterns and hold-rate volatility.

Figures reveal that the nine-month total reaching US$554 million reflects steady accumulation across all properties, with table-focused revenue streams providing the decisive lift; Paradise Co's foreigner-only model continues to shape its revenue profile within South Korea's regulated casino sector.

Conclusion

The September 2026 results and record third quarter underscore Paradise Co's position as the leading foreigner-only casino operator, with revenue metrics demonstrating both resilience and growth when measured against prior periods; continued monitoring of monthly operating data will clarify whether the table hold improvements sustain into the final quarter of the year.