Lotte Tour Development Co Ltd, promoter of the Jeju Dream Tower resort including a foreigner-only casino (pictured in a file photo) on Jeju island, South Korea, said April casino sales were KRW32.90 billion (US$23.7 million), up 61.3 percent year-on-year from April 2024’s KRW20.39 billion, and up 1.2 percent sequentially.
It gave the details in a Friday filing to the Korea Exchange.
Table game sales were nearly KRW31.15 billion, up 59.6 percent from a year earlier, and up 0.7 percent month-on-month.
Machine-game sales doubled year-on-year, to KRW1.75 billion. Judged sequentially, they rose 11.7 percent.
Lotte Tour’s April hotel sales were nearly KRW7.11 billion, down 5.0 percent year-on-year, but up 73.2 percent month-on-month.
The April result took 2025 accumulated casino sales to almost KRW117.45 billion, up 29.9 percent year-on-year.
Casino table drop for April was nearly KRW188.83 billion, up 47.2 percent from April 2024, and a gain of 19.5 percent from March this year.
Lotte Tour’s casino drop for the first four months this year was nearly KRW608.52 billion, an increase of 27.7 percent year-on-year.
The aggregate of April visitors to the casino was 45,753, up 12.5 percent month-on-month, according to supporting materials filed by the company.
A Friday filing to the same bourse from Paradise Co Ltd, which operates in South Korea four foreigner-only casinos, including one on Jeju island – Paradise Casino Jeju Grand – said the group’s April casino sales were KRW71.18 billion, down 12.7 percent year-on-year from April 2024’s nearly KRW81.52 billion, and down 13.1 percent from March this year.
The group’s other venues are Walkerhill in the capital Seoul, one in the southern port city of Busan, and Paradise City at Incheon, in a venture with Japan’s Sega Sammy Holdings Inc.
Paradise Co’s table-game sales dipped 11.9 percent from a year earlier, and were down 13.2 percent month-on-month, at just under KRW67.60 billion.
Machine-game sales slipped 25.4 percent year-on-year, and fell 11.8 percent from March, at almost KRW3.59 billion.
Casino sales for the opening four months of this year were up 3.0 percent year-on-year, at KRW295.07 billion.
Table drop for April was nearly KRW609.47 billion, up 7.6 percent from April 2024, and up 3.5 percent from March this year.
Drop for the year to April 30 was KRW2.30 trillion, up 0.3 percent year-on-year.
The company said that group-wide VIP visitor volume for April – which it classifies as “visiting days” – was 14,325. That was a gain of 3.8 percent month-on-month.
