South Korea’s Paradise Co and GKL Report Year-on-Year Increases in October Casino Sales Despite Monthly Declines

Paradise Co Ltd and Grand Korea Leisure Co Ltd both reported year-on-year increases in casino sales for October according to separate filings to the Korea Exchange reported by GGRAsia. Paradise Co sales rose 12.8 percent to KRW82.12 billion (US$61.2 million). GKL sales increased 2.5 percent to KRW29.28 billion.

Both operators recorded declines versus September. Paradise Co sales fell 4.6 percent on a sequential basis. GKL sales dropped 21.5 percent.

Paradise Co Ltd Operational Details

Paradise Co’s table-game sales reached nearly KRW76.55 billion, a 12.7 percent increase year-on-year. Machine-game sales grew 14.5 percent to approximately KRW5.58 billion. The table drop declined 2.2 percent to just under KRW595.90 billion.

In the first 10 months of 2026, Paradise Co’s aggregate casino sales totaled KRW826.03 billion, up 10.9 percent. The table drop for the period stood at nearly KRW6.37 trillion, up 7.1 percent.

The figures cover Paradise Co’s four casinos: Walkerhill in Seoul, properties in Busan and Jeju, and Paradise City in Incheon. The Incheon property is a venture with a unit of Japan’s Sega Sammy Holdings Inc.

Grand Korea Leisure Co Ltd Operational Details

GKL’s October table-game sales rose 3.7 percent year-on-year to just below KRW26.09 billion. Machine-game sales declined 6.3 percent to slightly under KRW3.20 billion. The casino-drop amount reached KRW336.38 billion, up 1.8 percent.

GKL’s aggregate casino sales for the first 10 months of 2026 reached KRW366.52 billion, a 5.5 percent year-on-year increase. Casino drop increased 8.7 percent to just over KRW3.31 trillion.

The company operates three foreigner-only casinos under the Seven Luck brand, with two in Seoul and one in Busan.