Paradise Casino Walkerhill expands VIP facilities

Neha Soni September 20, 2024

South Korea’s Paradise Group has unveiled its newly expanded VIP-exclusive venue at Paradise Casino Walkerhill in Gwangjin-gu, Seoul. The casino has increased its total area by 17 percent, marking its first expansion in nine years.

The new venue, which has grown the casino’s total area to 4,587.26㎡ from 3,934.60㎡, will be reserved for the top 1 percent of clients. For the expansion, 19 gaming machines have been added. The area will now feature 112 table games and 213 machine games.

The lavish venue is designed in a refined Art Deco style, featuring classic aesthetics, geometric patterns, and more. The venue includes seven private rooms, lounges, and bars, among others.

This comes after the company saw mixed results in its recent financial report. Witnessing a 7.3 percent monthly revenue increase in July, but a 1.3 percent decrease year-on-year.

Future growth and plans

The Group’s new effort of VIP-exclusive venue is projected to drive revenue growth significantly. The estimated revenue growth is to be 22 billion won in 2025 ($16.54m) and 32 billion won in 2026.

Building further to cater to its VIP customer base, Paradise Group plans to establish a new international lounge at Gimpo Airport in October.

CEO comments

CEO Choi Jong Hwan said, “This expansion will bring us a critical opportunity to secure both physical infrastructure and high-roller customers, enabling us to gain significant competitive advantage as a leading casino operator.

“Paradise Group will continue to enhance VIP-exclusive facilities and service competitiveness across all locations, and we are committed to transforming into a smart casino by adopting new digital technologies, solidifying our position as a first mover in the market.”

Paradise Group currently operates foreigner-only casinos in cities like Seoul, Incheon, Busan and Jeju. The group has established and strengthened its standing as a global resort complex company with the launch of its first resort complex in Northeast Asia, called ‘PARADISE CITY’.

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