Paradise Co.’s revenues dropped nearly 40% in March to $33 million

(AsiaGameHub) –   Paradise Co. reported that its casino revenue for March dropped by 39.6 percent year-on-year and 44.0 percent compared to February, totaling US$32.8 million (KRW49.5 billion), though the operator provided no specific reasons for the decline.

Although the total drop rose by 9.7 percent sequentially to US$389 million (KRW587.7 billion), overall casino revenue fell during the month, driven by a 43.4 percent year-over-year decrease in table revenue to US$29.1 million (KRW44.0 billion).

For the first quarter of 2026, total revenue reached US$152 million (KRW229.7 billion), representing a 1.8 percent increase over the same period last year. During this quarter, table games revenue grew by 1.0 percent, machine revenue rose by 23.6 percent, and the total table drop climbed 3.6 percent to US$1.17 billion (KRW1.76 trillion).

Paradise Co. operates three casino resorts in Seoul, Busan, and Jeju, and holds a 55 percent majority stake in the Paradise City integrated resort, a joint venture with Japan’s Sega Sammy Holdings.