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Shinhan forecasts higher second-quarter revenue for South Korean casino operators

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Shinhan Investment & Securities expects Paradise’s second-quarter 2026 revenue to exceed $213 million, with operating profit rising 18% to more than $29 million, according to the report. It also forecasts Lotte Tour Development revenue of $131 million, while analysts cited expect Grand Korea Leisure to benefit from increased Chinese visitors.

The forecasts give investors estimates for three casino operators amid expectations of rising Chinese tourism.

End-of-day close Paradise Co (034230), KRW, to 26 August 2026
Story date28 May 202626 August 2026

Latest reported results

Grand Korea Leisure KRX: 114090

Quarter ended 30 June 2026

Revenue
KRW 120.45bn

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