Korea’s Jeju Dream Tower records 62% increase in FY25 casino sales to US$330 million
Summary
Jeju Dream Tower, operated by Lotte Tour Development, reported casino sales of KRW476.6 billion (US$330 million) for fiscal 2025 — a 61.8% year-on-year rise. Visitor numbers climbed 54.1% to 590,332. Table games accounted for KRW455.6 billion (US$315 million), up 64.9%, while machine revenue reached KRW21.1 billion (US$14.6 million), up 14.4%. Total drop was KRW2.77 trillion (US$1.91 billion), a 60.3% increase. Hotel revenue dipped 4.8% for the year despite a strong December where monthly hotel sales rose 16.0% month-on-month and 36.8% year-on-year to KRW7.53 billion (US$5.2 million).
Key Points
- FY25 casino sales: KRW476.6 billion (US$330 million), +61.8% year-on-year.
- Visitor numbers increased 54.1% to 590,332 in 2025.
- Table games drove performance: KRW455.6 billion (US$315 million), +64.9%.
- Machine sales rose 14.4% to KRW21.1 billion (US$14.6 million).
- Total drop amount up 60.3% to KRW2.77 trillion (US$1.91 billion).
- Hotel sales fell 4.8% for the year, though December showed strong month-on-month and year-on-year gains.
- December casino sales dipped 20.2% versus November but remained 73.8% above December 2024.
- Jeju Dream Tower is Jeju’s tallest building (38 floors, 169m) with a large IR footprint: retail, dining, spas and a casino that was relocated to the Tower in June 2021.
Context and relevance
The result signals robust recovery and demand for premium gaming and tourism on Jeju Island following post-pandemic travel rebounds. Strong table-game growth suggests high-value visitation is returning or increasing, which has implications for competitors, regulators and investors monitoring South Korea’s limited casino market. The hotel revenue dip shows there are still nuances in non-gaming spend and length-of-stay dynamics worth watching.
Why should I read this?
Quick take: big bounce in gaming revenue — and that matters. If you follow Asian integrated resorts, casino operators or tourism trends in Korea, this is a neat snapshot of where demand is heading. We did the number-crunching for you: the headline figures show table play is the engine here, while hotel revenue still needs work. Worth a skim if you want the market signal without wading through the full report.