South Korean casino operator Paradise Co reported third-quarter net income attributable to shareholders of KRW27.78 billion (approximately US$20.8 million), up 20.6% year on year. Sales for the three months to September 30 increased 22% to nearly KRW351.66 billion.
On a sequential basis, net income rose 76% and sales increased 10.6%. For the first nine months of 2026, however, net income was KRW60.04 billion, down 20% year on year, while overall sales increased 12.6% to KRW963.71 billion.
Market context
The figures provide a performance indicator for South Korea’s foreigner-only casino segment. The quarterly improvement should be read alongside the weaker year-to-date net income comparison and the operator’s wider casino sales data, rather than as a standalone signal of a broad market acceleration.