Paradise Co. April Casino Revenue Rises 80% to $60.4 Million

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TLDR Paradise Co. posted April casino revenue of KRW87.9 billion ($60.4 million), up 80.6% from March and 30.7% year-on-year Table games revenue surged 89.9% month-on-month to KRW82.2 billion ($56.8 million), driving the bulk of gains Machine revenue rose 59.7% year-on-year to KRW5.73 billion ($4.0 million) Table drop grew only 4.5% year-on-year, suggesting a stronger hold rate rather than higher volume Year-to-date revenue through April reached KRW316.8 billion ($219 million), up 8.2% from 2025

Paradise Co. reported a sharp jump in casino revenue for April 2026, with total earnings nearly doubling from the prior month. The South Korean casino operator posted revenue of KRW87.9 billion, equivalent to $60.4 million.

That figure represents an 80.6% increase over March and a 30.7% gain compared to April 2025. The company released the data as part of its regular monthly financial update.

The growth was overwhelmingly driven by table games. That segment brought in KRW82.2 billion, or $56.8 million, during the month.

Table games revenue rose 29.1% year-on-year and jumped 89.9% from March. It accounted for the vast majority of the company’s total casino revenue in April.

Table Drop Tells a Different Story

While revenue surged, the underlying table drop told a more measured story. Table drop for April came in at KRW652.1 billion, or $451 million.

That was up just 4.5% from the same month last year and 7.0% from March. The gap between modest drop growth and the much larger revenue increase suggests a stronger hold rate at the tables.

A higher hold rate means the casino kept a larger share of the money wagered. This can happen when luck favors the house or when the mix of games played shifts toward higher-margin options.

Paradise did not provide a specific explanation for the improved hold. The company reported the numbers


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