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Jeju Dream Tower posts US$26.3m March casino revenue, up 24% year-on-year

Foreigner-player only casino drives strong first-quarter growth as table drop climbs nearly 37% YTD.

1 min read
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Key Points
March casino revenue at KRW 40.4bn (US$26.3m), up 24.3% YoY
First-quarter casino revenue rises 40.3% to KRW 118.6bn
March hotel revenue down 9.9% month-on-month

Jeju Dream Tower recorded solid casino growth in March 2026, supported by stronger table volumes and higher table drop at its foreigners-only gaming facility.

According to a filing with the Korea Exchange by its operator, Lotte Tour Development, March casino revenue reached KRW 40.4bn (US$30.3m), up 23.8% from February and 24.3% compared with March 2025. Table revenue accounted for KRW 38.4bn, increasing 24.3% month-on-month, while machine revenue rose 15.4% to KRW 2.0bn.

For the first quarter of 2026, cumulative casino revenue totaled KRW 118.6bn, representing a 40.3% increase from the same period last year. Table revenue climbed 41.5% year-on-year to KRW 112.9bn, while machine revenue rose 19.6% to KRW 5.7bn.

Table drop — the amount customers paid to purchase chips — reached KRW 188.9bn in March, up 24.7% from February and 19.6% year-on-year. On a year-to-date basis, table drop surged 36.7% to KRW 573.9bn.

Hotel revenue in March stood at KRW 5.9bn, down 9.9% from February but up 43.3% compared with a year earlier. First-quarter hotel revenue rose 27.9% year-on-year to KRW 18.0bn.

Lotte Tour operates the foreigners-only casino at Jeju Dream Tower in Jeju City. As of year-end 2025, casino operations accounted for 72.9% of total consolidated revenue, with hotel operations contributing 12.5%.

Casino revenue is reported on a consolidated IFRS basis as net revenue after deducting commissions paid to agents, and may differ from industry association statistics.

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The company noted that the figures are preliminary and subject to change

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