Sunday, June 23, 2024
HomeNewsSouth KoreaJeju Dream Tower casino resort reports almost $20M in May sales

Jeju Dream Tower casino resort reports almost $20M in May sales

Lotte Tour Development, the promoter behind the Jeju Dream Tower casino resort on South Korea’s Jeju Island, has disclosed strong sales figures for May. 

According to a filing made on Monday, the casino reported sales of just under KRW27.11 billion ($19.7 million), representing a 32.9 percent increase compared to the previous month. Year-on-year, the sales surged by 137.4 percent.

In addition to casino revenue, Jeju Dream Tower also saw positive trends in other areas. Hotel sales for May reached KRW7.74 billion ($5.62 million), showing a modest 3.3 percent growth from April and remaining flat compared to the same period last year.

The firm’s table game sales in May amounted to KRW24.54 billion ($17.83 million), marking a 25.7 percent sequential increase and a substantial 129.6 percent annual growth.

Machine games contributed significantly as well, with revenue reaching KRW2.56 billion ($1.86 million), a 193.9 percent surge from April and a 250 percent higher than the previous year.

Cumulative casino sales for the first five months of 2025 totaled nearly KRW117.51 billion ($85.4 million), reflecting a 211.4 percent year-on-year increase.

Lotte Tour also confirmed its expansion efforts. In April, the company opened a marketing office in Osaka, Japan, a strategic move given Osaka’s significance as a target market for South Korean gaming firms. Additionally, plans were underway to establish a Tokyo liaison office, coinciding with the launch of a direct flight route between Jeju and Tokyo.

Frank Schuengel
Frank Schuengel
Frank Schuengel is an online gambling industry veteran with over twenty years of experience in Europe and Asia. Equally at home in the Isle of Man and the Philippines, he started his career as a sports trader before setting up and running whole operations, and more recently focusing on the regulatory and licensing side of things in the worlds of fiat and crypto eGaming. When he is not writing about gambling topics, he can be found cycling around Manila and advocating sustainable transport solutions for a Philippines based mobility magazine.



daily newsletter