Paradise Co. Sees Surge in July Casino Sales as South Korea Casino Boom Continues

Paradise Co., the South Korean operator of foreigner-only casinos, reported July casino sales of KRW77.89 billion ($54.46 million), up 25.8% from June and 3.6% higher than a year earlier, according to a filing with the Korea Exchange. The jump extends a broader summer rally among the country’s foreigner-only gaming operators.

Table games drove most of the gain, with revenue reaching KRW73.46 billion, up 30.3% month-on-month and 3.6% year-on-year. Slot machine sales pulled back 20.2% from June’s total but still edged 3.6% higher than July of last year. The results span Paradise Co.’s four foreigner-only properties in Seoul, Jeju, Busan and Incheon.

Table Play Fuels the Rebound

Casino table drop, the amount of money exchanged for chips at the tables, climbed 4.8% month-on-month and 15% year-on-year to KRW671.63 billion, outpacing the growth in table revenue itself. For the first seven months of 2026, Paradise Co.’s combined casino sales rose 4.6% year-on-year to KRW554.26 billion. Table game revenue for the period increased 3.7% to KRW518.09 billion, while slot machine sales climbed 19.4% to KRW36.18 billion, suggesting the operator’s slot business has quietly outgrown its table business on a percentage basis even as tables remain the far larger revenue driver in raw dollar terms.

Paradise Co.’s properties operate exclusively for international visitors, a structure common among South Korea’s largest casino operators and one that ties their fortunes closely to inbound tourism trends and regional travel demand.

Jeju Tower Adds to the Trend

The surge wasn’t isolated to Paradise Co. Lotte Tour Development’s Jeju Dream Tower posted its second-best monthly casino result of the year in July, with sales of KRW51.59 billion, up 18.8% from a year earlier and 5.8% from June. Table-game revenue at Jeju Dream Tower rose 17.7% year-on-year to KRW48.91 billion, while machine-game sales jumped 44.1% to KRW2.69 billion. Through the first seven months of the year, the property’s casino sales have climbed 33.3% to KRW317.34 billion.

Combined, South Korea’s three publicly listed foreigner-only casino operators reported July casino revenue of roughly KRW171.17 billion, an 8.6% increase over the same month last year, according to regulatory filings compiled from each company’s results. The across-the-board gains point to a stronger summer travel season feeding into the country’s international casino market, with both of the year’s biggest movers — Paradise Co. and Jeju Dream Tower — posting their strongest results in months.

What It Signals for the Market

The July numbers reinforce a pattern that has held for much of 2026: South Korea’s foreigner-only casino sector is benefiting from steady growth in table play even as month-to-month swings in slot revenue create some volatility. With both Paradise Co. and Jeju Dream Tower posting their best or near-best figures of the year in the same reporting month, the market heads into the back half of 2026 with momentum that operators and regulators alike will be watching closely, especially as it plays out alongside broader global growth in casino gaming and cross-border tourism trends that continue to reshape the industry.