AI Summary
Sign in to listen

Jeju Dream Tower casino revenue drops in August

Property posts lower monthly casino revenue but extends strong year-to-date growth.

2 min read
jeju
Key Points
August casino revenue fell 10.4% month-over-month to KRW46.2bn (US$33.84m)
Year-to-date casino revenue climbed 29.4% through August
Table drop reached a record KRW293.8bn in August, up 35.5% from July

Jeju Dream Tower reported lower casino revenue in August after posting a record-breaking performance in July, although year-to-date growth remained strong as gaming volume continued to increase.

According to preliminary figures released by operator Lotte Tourism Development, net casino revenue totaled KRW46.2bn in August, down 10.4% from July's record KRW51.6bn. Despite the monthly decline, the result was still 7.5% higher than the KRW43bn reported in August 2025.

Table games generated KRW43.5bn during the month, representing an 11.1% decline from July but a 5.7% increase year over year. Slot machine revenue moved in the opposite direction, rising 1.4% month over month to KRW2.7bn and surging 49.5% compared with the same period last year.

Hotel revenue remained broadly stable at KRW8.8bn, edging down 0.1% from July while increasing 4.9% year over year.

For the first eight months of 2026, casino revenue reached KRW363.6bn, an increase of 29.4% compared with the corresponding period last year. Table game revenue rose 29.5% to KRW346.2bn, while slot revenue climbed 27.8% to KRW17.4bn. Hotel revenue for the January-to-August period also improved, increasing 12.0% year over year to KRW58.5bn. 

Although monthly casino revenue softened, gaming volume continued to strengthen. Table drop, which measures the amount players exchange for gaming chips, reached a record KRW293.8bn in August. The figure jumped 35.5% from July and was 16.8% higher than a year earlier, while year-to-date table drop increased 13.7% to KRW1.72tn.

The latest results follow Jeju Dream Tower's record July performance, when the resort posted its highest monthly casino revenue on record. August's lower revenue alongside significantly higher table drop suggests gaming hold normalized after an exceptionally strong July, while customer wagering activity continued to expand.

The results also come as South Korea's tourism sector continues to recover, supporting visitation to Jeju Island and helping sustain growth at the country's largest integrated resort.

Good to know

The August figures are preliminary and may be revised

Reaction Board

Set Global Gaming Insider to be your preferred search result

News Analysis

View All
BULGARIA ANALYSIS

Will advertising loopholes take centre stage in Bulgaria’s Gambling Act review?

Gambling advertising is back under the spotlight as Bulgaria moves to address gaps in its wider gambling regulatory framework.

5 min read • • By Marieta Lezaic
Early exit analysis 1

Player injuries in betting: What happens when an athlete is forced to leave the field?

With frustration around early player exits mounting from bettors, sportsbook operators both in the US and UK have introduced new means of protection for those stung by the injury bug.

5 min read • • By Kirk Geller
grant tribal

Tribal casinos: Profitability, floor optimization and the long-term impact of prediction markets

Tribal casinos are still growing revenue every year but facing profitability pressure, according to Wipfli's recent report exploring Tribal gaming. Grant Eve, a Partner at the company, discusses margin trends, floor optimization and technology, as well as the impact of AI... and prediction markets.

8 min read • • By Tim Poole

In The News

View All
finland
[ELEVATED IMPORTANCE]

Veikkaus joins Finnish gambling association

State operator joins industry body as Finland prepares for market reform.

· Trade Associations + 3