South Korea Foreigner-Only Casino Operators Post Mixed September Sales in 2026 Filings
Paradise Co Ltd and GKL reported September casino sales rises of 38.2% and 7.2% respectively while Lotte Tour Development Co Ltd fell 45.1%. All three operators posted nine-month growth through September 30 2026. Filings provide detailed table, machine and drop figures but no commentary on drivers.
SCCG Take — Divergent monthly sales against uniform nine-month growth signal the need for operators to isolate segment volatility in South Korea’s foreigner-only market.
South Korean foreigner-only casino operators delivered varied September results. Paradise Co Ltd and Grand Korea Leisure Co Ltd (GKL) recorded year-on-year casino sales growth while Lotte Tour Development Co Ltd posted a sharp decline. The figures come from separate filings to the Korea Exchange, as reported by GGRAsia.
Paradise Co Ltd September casino sales rose 38.2 percent to KRW86.73 billion (US$64.0 million). GKL sales increased 7.2 percent to just under KRW37.28 billion. Lotte Tour Development Co Ltd sales fell 45.1 percent to KRW29.09 billion.
September Segment and Sequential Performance
Paradise Co Ltd table-game sales reached nearly KRW81.08 billion, up 40.4 percent year-on-year. Machine-game sales grew 12.6 percent to KRW5.65 billion. The company’s table drop rose 6.6 percent to KRW605.11 billion. Sequentially, its sales declined 16.8 percent from August.
GKL table-game sales rose 8.4 percent to just below KRW34.01 billion. Machine-game sales declined 4.5 percent to KRW3.27 billion. Its casino drop increased 2.4 percent to KRW323.72 billion. Sales rose 19.8 percent sequentially.
Lotte Tour Development Co Ltd table-game sales decreased 49.6 percent to KRW25.78 billion. Machine-game sales increased 80.6 percent to KRW3.31 billion. Table drop fell 10.5 percent to KRW237.82 billion. Sales dropped 37.7 percent from the prior month.
Casino sales reflect net revenue after deductions from gross gaming revenue, including commissions paid to agents. The companies provided no commentary on the reasons for the year-on-year changes.
Nine-Month Cumulative Results
All three operators reported growth in aggregate casino sales for the first nine months of 2026. Paradise Co Ltd reached KRW744.59 billion, up 10.8 percent. Its table drop stood at nearly KRW5.77 trillion, up 8.1 percent.
GKL aggregate casino sales totaled KRW337.24 billion, a 5.8 percent increase. Casino drop rose 9.5 percent to nearly KRW2.97 trillion.
Lotte Tour Development Co Ltd casino sales grew 17.7 percent to KRW393.08 billion. Its nine-month table drop reached nearly KRW1.96 trillion, up 10.1 percent.
These September divergences against nine-month gains supply operators with specific data points on table and machine segments as the fourth quarter begins.
Reporting: GGRAsia
Generated by SCCG’s automated editorial system from published source reporting. SCCG Management holds editorial responsibility.
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