Lotte Tour Development Co Ltd reported a rare slowdown of its recent revenue momentum in August, with casino sales dropping 10.4% month-on-month to KRW46.2 billion (US$33.6 million) following a run of strong monthly growth.
The August figure still represented a 7.5% increase over the same month last year, however, and the slowdown appears to be largely luck related as casino drop amount actually grew by 35.5% over July to KRW293.8 billion (US$214 million). Drop for the year is up 13.7% to KRW1.72 trillion (US$1.25 billion).
August casino sales included a 5.7% year-on-year increase but 11.1% month-on-month decline in table sales to KRW43.5 billion (US$31.7 million) while machine sales were up 49.5% year-on-year and 1.4% sequentially to KRW2.73 billion (US$2.0 million).
Hotel sales were also up 4.9% over August 2025 and flat sequentially to KRW8.77 billion (US$6.4 million).
Jeju Dream Tower is a large-scale integrated resort in Jeju City, anchored by the 38-storey Grand Hyatt Jeju. Opened in 2020, the twin-tower complex features 1,600 rooms and suites, 14 restaurants and bars, a K-fashion retail mall featuring around 450 brands, extensive wellness and leisure facilities, meeting and event space and the foreigner-only Dream Tower Casino.
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