
Jeju Dream Tower, the foreigner-only integrated resort on South Korea’s Jeju Island, continued its impressive growth streak in August, extending seven consecutive months of volume and visitation gains. According to Lotte Tour Development, visitation in August reached 57,042, surpassing July’s record of 56,691, while casino drop climbed 2.5% to KRW 281.1 billion (US$202 million). This included KRW 251.5 billion (US$181 million) from table games and KRW 29.6 billion (US$21.2 million) from machine play. Despite this volume surge, casino sales slightly dipped to KRW 43.0 billion (US$30.9 million) due to a softer hold rate. Year-to-date figures for January through August show casino sales up 46.1%, while hotel revenue lagged, declining 11.5% to KRW 59.0 billion (US$42.3 million).
Performance data from additional coverage further highlight this casino’s dominance. Gaming revenue for August surged 30.5% year-on-year to KRW 42.99 billion (US$32.2 million) despite sliding 1% compared to July. That growth was driven by table games, which accounted for KRW 41.17 billion (US$30.8 million)—a remarkable 38.5% year-on-year increase and a 0.9% sequential rise. Meanwhile, electronic gaming revenues suffered, falling 43.5%, though hotel operations generated KRW 8.37 billion (US$6.3 million)—a sequential gain but still down 15.7% year-on-year.
These results reaffirm Jeju Dream Tower’s position as a regional gaming powerhouse, attracting a growing share of incoming tourists with its gaming excellence. The divergence between surging casino metrics and underperforming hotel revenues underscores a critical strategic imperative: converting the increasing gaming footfall into stronger performance across all revenue streams, including hospitality and leisure services. As Jeju Island continues to rebound and differentiate itself as a key leisure destination, Jeju Dream Tower’s next challenge will be in sustaining this growth while elevating its broader guest experience.