Paradise Co., Ltd. (034230.KQ) operates foreigner-only casinos and integrated resorts primarily in South Korea; the company manages Paradise Casino Walkerhill and Paradise Casino Busan; Jeju Grand Casino on Jeju Island; and holds a controlling 55% stake in Paradise SegaSammy Co., Ltd., the joint venture with Sega Sammy Holdings that owns and operates the Paradise City integrated resort in Incheon featuring multiple hotels, gaming floors, convention spaces, and entertainment venues including the Grand Hyatt Incheon integration. Paradise Co., Ltd. also engages in hotel management with properties such as Maison Glad and Paradise Hotel; real estate rental; and recreational services targeting international tourists and high-roller VIP customers. Founded in 1972 and headquartered at 299 Toegye-ro, Jung-gu, Seoul, South Korea, the company conducts operations across South Korea, with overseas casino activities in the United States and Japan; it reports primary revenue from South Korea supplemented by smaller contributions from the United States and Japan. Recent developments include the September 2024 opening of an expanded VIP-exclusive gaming venue at Paradise Casino Walkerhill, increasing its size by 17% and projected to generate KRW22 billion in sales in 2025; the KRW210 billion acquisition of Grand Hyatt Incheon West Tower by Paradise SegaSammy, set to close by December 2025, adding 501 rooms to Paradise City's capacity; plans for a new KRW500-550 billion luxury 18-floor, 200-suite hotel in Seoul's Jangchung neighborhood opening in 2028; a November 2025 pledge of 5.8% shares in Paradise SegaSammy as collateral for a US$68.5 million loan; and the Value Up program targeting over 10% annual revenue growth through 2027 with operating margins exceeding 20%, alongside leadership transition to sole CEO Choi Jong-hwan.