Paradise Co reported casino revenue of KRW477.6 billion for 1H26, up 5.1% year on year. June casino revenue fell 21.2% year on year to KRW63.2 billion, while the company said its subsidiary Paradise Sega Sammy repaid a KRW100 billion loan on 31 March 2026.
Investors can weigh higher first-half casino revenue against June’s decline and the subsidiary’s loan repayment.
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Paradise reported August casino revenue of KRW104.91bn in South Korea, up 32.1% year on year. Table hold reached 14.6%, compared with 11.4% a year earlier. VIP visiting days across its four casinos remained broadly stable.
Paradise Entertainment recorded a HKD82.6m loss for the first half of 2026, against a HKD177.8m profit a year earlier. The casino equipment maker declared no interim dividend.
It was reported that Paradise Co recorded July casino sales of KRW77.89bn. Sales increased 3.6% year-on-year and 25.8% from the previous month.
It was reported that Sega Sammy Holdings recorded approximately JPY95.03bn in sales for the quarter ending 30 June. Sales increased 17.3% from a year earlier; the group includes gaming equipment supplier Sega Sammy Creation and South Korea’s Paradise City casino resort.
It was reported that South Korea plans to increase casino operators’ payments to the state tourism fund. Paradise shares fell more than 23% over five days following the proposal.