Paradise Co Posts Record Third Quarter Revenue Amid Strong Table Performance

Paradise Co, the leading operator of foreigner-only casinos in South Korea, delivered net casino revenue of KRW86.7 billion, equivalent to US$64.5 million, for September 2026; that figure represents a 38.2 percent increase from the same month a year earlier while falling 16.8 percent short of the record set in August. The September result completed a third quarter that itself became the company’s strongest on record, reaching KRW268.2 billion or US$200 million in total casino revenue, and the quarterly total surpassed the previous high mark thanks to improved table hold rates even as drop amounts eased from the prior period.

Monthly Revenue Breakdown and Year-Over-Year Gains

Data from the September filing shows the month contributed meaningfully to the quarterly total despite the sequential decline, and observers note that the year-over-year jump of 38.2 percent highlights sustained demand at the company’s properties. The KRW86.7 billion result follows a pattern of growth that carried through the third quarter, where cumulative revenue climbed past earlier benchmarks because table games produced higher hold percentages while overall visitor spending volumes moderated from August peaks. Those figures come directly from Paradise Co’s monthly operating data submitted to the Korea Exchange, and the same report places the quarterly aggregate at KRW268.2 billion, an amount that exceeds the prior record by a clear margin.

Drivers Behind the Quarterly Record

Improved table hold rates served as the primary factor lifting the third-quarter total above previous levels, and this performance occurred even though sequential drop amounts softened after August’s record month. The company operates four casinos, one of which is the integrated Paradise City resort in Incheon that combines gaming floors with additional hospitality facilities; revenue from these locations collectively produced the KRW268.2 billion quarterly figure. Analysts reviewing the filing point out that hold-rate gains compensated for the lighter drop volumes, allowing the period to finish ahead of earlier records without requiring higher overall spending from patrons.

Context Within Broader Operations

Paradise Co’s four properties cater exclusively to foreign visitors under South Korean regulations, and the September and third-quarter numbers reflect activity across that network. The Incheon location in particular draws a significant share of international traffic, yet the revenue figures encompass results from all sites combined. The KRW86.7 billion posted in September, while lower than August, still marked substantial progress from the year-ago period, and the same filing confirms the quarterly outperformance stemmed from operational metrics rather than volume alone. Those who track the filings note that the company’s results provide a snapshot of foreigner-only casino activity during a period when table-game efficiency improved markedly.

Looking Ahead from October 2026

With the third-quarter filing now complete as of early October 2026, attention turns to how the improved hold rates may influence subsequent months. The September revenue of KRW86.7 billion closed out the record quarter and supplied a baseline for comparison against October performance, which will appear in the next monthly release. Observers following the Korea Exchange submissions expect continued focus on table-game metrics, since those elements drove the KRW268.2 billion quarterly total. The four-casino portfolio, anchored by Paradise City, remains the sole source of these reported figures, and future releases will indicate whether the sequential moderation seen in September persists or reverses.

Conclusion

The September 2026 results from Paradise Co illustrate how table-hold improvements can elevate quarterly totals even when monthly drop volumes decline from prior peaks. The KRW86.7 billion monthly revenue and the KRW268.2 billion quarterly aggregate together mark the strongest third quarter in company history, achieved across its four foreigner-only casino properties. Those numbers, drawn from the official Korea Exchange filing, stand as the factual record for the period ending September 2026.