Jeju Dream Tower Casino Reports Strong Sales Recovery in March, Posts 40% Revenue Increase for Q1 2026

Lotte Tour Development Co Ltd’s Jeju Dream Tower, located in South Korea, witnessed a significant recovery in March 2026, as reported figures show an increase in casino sales by 24.3% compared to the same month last year and a 23.8% rise from February, totaling KRW40.4 billion (US$26.7 million). This surge follows a relatively subdued performance in February and was bolstered by increased activity in both table games and slot machine play at the Jeju facility. The property recorded table game sales of KRW38.4 billion (US$25.4 million), a 24.0% year-on-year growth, while machine gaming sales saw a 30.3% increase to KRW2.05 billion (US$1.35 million). Furthermore, hotel sales climbed by 43.3% to KRW5.88 billion (US$3.88 million), enhancing the overall revenue strength for the month.

The number of visitors to the Jeju Dream Tower reached 53,587 in March, marking the highest level since October. This increase in footfall contributed to a table drop of KRW188.9 billion, up 19.6% from the previous figures, providing a robust foundation as the property transitions into the second quarter. The enhanced performance in March indicates a resurgence in momentum following February’s slowdown, driven by increased visitor numbers and higher engagement on the gaming floor.

In the first quarter of 2026, Jeju Dream Tower reported casino sales of KRW118.6 billion (US$78.4 million), representing a 40.3% year-on-year rise. Table game revenue rose by 41.5% to KRW112.9 billion (US$74.6 million), while machine gaming revenue increased by 19.6% to KRW5.67 billion (US$3.75 million). Hotel revenue also saw a year-over-year growth of 27.9% to KRW18.0 billion (US$11.9 million). This data underscores that March’s improved performance was part of a broader trend throughout the quarter rather than an isolated occurrence.

The Jeju Dream Tower remains a significant landmark in Jeju, standing at 169 meters with 38 floors. The resort features a retail mall, 14 dining and bar options, an outdoor pool deck, a sky deck lounge, two spas, and a sprawling casino. The casino, relocated from the smaller Lotte Hotel Jeju in June 2021, spans over 5,000 square meters and includes 141 gaming tables, 190 slot machines, and 71 electronic table games, providing a comprehensive gaming experience within the resort.

The March upswing has positively influenced Jeju Dream Tower’s quarterly outcomes, with notable increases in casino and hotel sales as well as visitor numbers. This rebound after a lackluster February has positioned the property to enter the second quarter with more robust momentum than at the year’s outset.

The implications of these results are significant for Lotte Tour Development and the broader gaming market in South Korea. The resurgence in visitor numbers and gaming revenues could indicate a recovering market post-pandemic, suggesting that consumer confidence in leisure and hospitality sectors is on the rise. However, the market remains competitive, with other operators continuously seeking to enhance their offerings and attract customers.

Regulatory oversight remains a critical factor for Jeju Dream Tower and other operators in the region. South Korea’s gambling regulations are stringent, primarily allowing gaming for foreign nationals while restricting local participation. This regulatory framework presents both opportunities and limitations, as operators must navigate compliance burdens while striving to attract international guests.

Looking forward, the focus for Jeju Dream Tower will likely be on sustaining the momentum gained in March through strategic marketing efforts and continuous enhancement of guest experiences. As the property moves into the second quarter, maintaining robust visitor numbers and gaming revenues will be crucial for further growth. The ongoing challenge will be balancing regulatory compliance with innovative offerings to stay competitive in an evolving market landscape.

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