Lotte Tour Development Co has reported strong year-on-year casino growth for February 2026. The company’s latest filing with the Korea Exchange shows a pronounced recovery in gaming performance compared with last year, led by robust table play.
Casino revenue rose 44% year on year to KRW 32.6bn, with table revenue increasing 49% to KRW 30.9bn. Machine revenue declined 7% to KRW 1.8bn. Hotel revenue for the month reached KRW 6.5bn, up 43% year on year.
Casino revenue is reported under IFRS, reflecting net revenue after deducting agent commissions and other contract-related adjustments.
Despite the strong annual comparison, February results were softer than January, with casino revenue down 28% month on month. Even so, year-to-date performance remains notably strong.
For January–February, casino revenue reached KRW 78.2bn, up 50% year on year. Table revenue increased 53% over the same period, while machine revenue rose 14%. Year-to-date hotel revenue totalled KRW 12.1bn, marking a 21% increase.
Table drop for February came in at KRW 151.5bn, up 8% year on year but 35% lower than in January. Cumulative table drop for the first two months reached roughly KRW 385bn, a 47% rise from early 2025.
Lotte Tour noted that the disclosed figures are provisional and subject to revision. It also highlighted a KRW 2.7bn gap between its IFRS-based casino revenue and figures from the Casino Association, attributing this to methodological differences.
Lotte Tour Development Co is the promoter of the Jeju-based integrated resort and casino hotel complex Jeju Dream Tower