Lotte Tour Development, operator of the Jeju Dream Tower foreigner-only casino resort, has approved a cash dividend plan totaling KRW110.94 billion ($74.9 million), according to a regulatory filing released on March 12th.
The decision was made by the board of the company’s wholly owned subsidiary, Lotte Entertainment Co., which approved the dividend distribution based on earnings generated in 2025.Â
The proposal will be submitted for approval at the subsidiary’s annual general meeting scheduled for March 25th, with payment expected the following day if approved.
Under the plan, the dividend will amount to KRW27,735 ($18.72) per share. The dividend record date has been set as December 31st, 2025, with retained earnings designated as the funding source for the payout.
The dividend payment follows strong operational performance at the company’s integrated resort in Jeju. South Korea’s Jeju Dream Tower recorded a sharp rise in casino sales in 2025, with full-year revenue for the January–December period reaching KRW476.6 billion ($321.7 million), a 61.8 percent year-on-year increase.
Opened in December 2020, Jeju Dream Tower is Jeju Island’s tallest building and one of South Korea’s largest integrated resorts. The property includes the Grand Hyatt Jeju hotel, casino, and a range of dining, retail, and entertainment facilities.
