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Jeju Dream Tower casino revenues up 46.5% year-on-year to US$22 million in March

Newsdesk by Newsdesk
Wed 2 Apr 2025 at 05:09
Grand Hyatt in Lotte Tour’s Jeju Dream Tower granted 5-star rating
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Lotte Tour’s Korean integrated resort, Jeju Dream Tower, saw casino revenues surge in March to KRW32.5 billion (US$22.1 million) – up 46.5% year-on-year and 43.7% higher than in February.

Based on information filed with the Korea Exchange, the improved result appears to be a combination of both higher gaming volume and running lucky, with table drop up 29.5% year-on-year and 12.3% sequentially to KRW158.0 billion (US$107 million).

By comparison, table games revenue grew 46.3% year-on-year and 49.3% sequentially to KRW30.9 billion (US$21.0 million) in March.

Slot machine revenue grew by 50.4% year-on-year to KRW1.57 billion (US$1.07 million) although hotel revenue fell by 25.3% to KRW4.10 billion (US$2.79 million).

For the first three months of 2025 combined, casino revenue is up 20.8% to KRW84.5 billion (US$57.4 million) while hotel revenue is down 15.9% to KRW14.1 billion (US$9.58 million).

Jeju Dream Tower is the tallest building in Jeju at 38 floors or 169 meters high and features a retail mall, 14 restaurants and bars, an outdoor pool deck, top floor skydeck with lounge, two spas and a casino boasting 150 tables and 300 slot machines.

The casino was relocated from its former home at the smaller Lotte Hotel Jeju in June 2021 and covers more than 5,000 square meters, offering 141 gaming tables, 190 slot machines and 71 electronic table games.

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Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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