May casino sales for Lotte Tour Development Co Ltd grew 19.5 percent year-on-year to KRW49.42 billion (US$32.77 million).
That was as the foreigner-only casino (pictured in a file photo) at its Jeju Dream Tower resort saw double-digit percent increases in its table-game and machine-game sales. Judged sequentially, May casino sales edged up 1.0 percent.
That is according to a Monday filing of Lotte Tour with the Korea Exchange.
May table-game sales were just below KRW47.00 billion, up 0.8 percent sequentially, and up 19.3 percent year-on-year.
The table game hold rate at Jeju Dream Tower casino in May stood at 22.6 percent, equal to the previous month, but up 2.3 percentage points from May 2025, show supplementary data published on Monday.
Lotte Tour’s machine-game sales last month generated nearly KRW2.43 billion, up 23.6 percent from the prior-year period, and 3.7-percent up on April. The hold rate of the gaming machines stood at 4.9 percent in May, the lowest monthly performance throughout the first five months of this year.
The Jeju property logged 63,192 casino visitors in May, up 23.4 percent year-on-year, and up circa 8 percent from April.
Hotel sales at Jeju Dream Tower reached just below KRW7.5 billion in April, a decline of 5.4 percent year-on-year. Judged sequentially, the tally rose 1.7 percent.
The company’s casino drop for May – the amount paid that month by customers to purchase chips for table games – rose 6.9 percent year-on-year to circa KRW207.57 billion. Judged sequentially, the May casino drop grew by only 1.1 percent.
It took the casino drop for the first five months of this year to KRW986.78 billion, up 22.9 percent year-on-year.
For the first five months of this year, casino sales totalled KRW216.89 billion, up 36.7 percent year-on-year.
No commentary was provided on the reasons for the respective year-on-year and month-on-month changes.
Lotte Tour is expected to see earnings growth this year, as it is likely to be supported by the structural expansion in the Jeju Dream Tower’s operations and the expected scaling up of the casino’s rolling-chip gambling business. That is according to South Korea-based Hana Securities Co Ltd in a May memo, as cited in a local media report.
The memo reportedly cited as factors, increased hotel inventory at Jeju Dream Tower allocated as complimentary rooms for casino patrons, and a larger share of baccarat tables with upped minimum wagers.
