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Impressive May Results
Jeju Dream Tower, a prominent resort featuring a foreigner-only casino on Jeju Island, South Korea, reported a remarkable 52.5 percent year-on-year increase in casino sales for May 2025. This translates to nearly KRW41.36 billion (US$30.1 million) in net revenue, a significant jump from the KRW27.11 billion recorded in May 2024. This impressive growth showcases the casino’s continued popularity and strong performance within the competitive South Korean gambling market. The figures represent net sales after deductions for commissions paid to agents and other operational expenses. This strong performance underscores the appeal of the diverse game offerings available, including slots, poker, blackjack, baccarat, roulette, and even unique games like dragon tiger and mahjong. The potential for a large jackpot also attracts high-roller VIP players, contributing significantly to the overall revenue.
Table Games Dominate
The impressive growth in casino sales was primarily driven by the robust performance of table games. May 2025 witnessed KRW39.39 billion in table game sales, representing a substantial 60.5 percent year-on-year increase and a 26.6 percent rise compared to April. This highlights the enduring appeal of classic casino games like blackjack, baccarat, and roulette, where players enjoy the thrill of live dealer interaction and strategic betting. The high wager amounts associated with table games contribute significantly to the overall revenue generation. The opportunity for large payouts and the skillful element involved continue to attract a loyal player base. The live dealer aspect adds a layer of excitement and authenticity, enhancing the overall casino experience. Players can enjoy the thrill of the game with the same atmosphere as a land-based casino, providing a unique and immersive gambling experience.
Machine Games and Hotel Performance
While table games significantly boosted revenue, machine-game sales experienced a slight downturn. May 2025 saw a 23.5 percent year-on-year decrease to KRW1.96 billion. However, this segment still showed a positive 12.0 percent sequential growth compared to April. This fluctuation highlights the dynamic nature of the casino industry and the importance of diversifying game offerings to maintain consistent revenue streams. Despite the slight dip in machine-game sales, the overall casino performance remained exceptional, showcasing the strength of the resort’s overall appeal. The hotel segment also contributed positively, with May sales reaching KRW7.92 billion, a 2.3 percent year-on-year increase and an 11.3 percent sequential rise. This demonstrates the synergistic relationship between the casino and hotel operations, reinforcing the resort’s position as a leading destination for leisure and entertainment.
Year-to-Date Performance and Future Outlook
The strong May results contributed to a positive year-to-date performance. Cumulative casino sales for the first five months of 2025 reached nearly KRW158.78 billion, representing a 35.1 percent year-on-year growth. Hotel sales, however, showed a slight decline of 8.9 percent year-on-year at nearly KRW29.13 billion for the same period. Despite this minor setback in hotel revenue, the overall financial performance of Jeju Dream Tower remains remarkably strong. The significant increase in casino revenue demonstrates the resilience and success of the casino operations and the strong demand for gambling entertainment. The casino drop, a key indicator of customer spending, further confirms this positive trend. May’s casino table drop surged by 77.8 percent year-on-year and 2.8 percent month-on-month, reaching KRW194.19 billion. The cumulative casino drop for the year to May 31st was KRW802.71 billion, a robust 37.0 percent year-on-year increase. The ease and speed of the cashout process also contributes to the positive player experience. This strong performance positions Jeju Dream Tower for continued success in the coming months, further solidifying its position as a leading entertainment destination in South Korea.
Key Takeaway
Jeju Dream Tower’s May casino sales demonstrate strong growth, driven by table games, highlighting the resort’s success and appeal to both domestic and international gamblers.
| Category | May 2025 (KRW Billion) | Year-on-Year Growth (%) |
|---|---|---|
| Casino Sales (Net) | 41.36 | 52.5 |
| Table Game Sales | 39.39 | 60.5 |
| Machine Game Sales | 1.96 | -23.5 |
| Hotel Sales | 7.92 | 2.3 |
FAQs
Jeju Dream Tower offers a wide variety of games, including slots, poker, blackjack, baccarat, roulette, dragon tiger, and mahjong. They also offer live dealer games for an immersive experience.
The casino drop refers to the total amount of money wagered by customers on table games. It’s a key indicator of overall customer spending and casino activity.
Net sales are calculated by deducting commissions paid to agents and other operational expenses from the gross sales.
The year-on-year growth shows the percentage increase in sales compared to the same period in the previous year. It’s a key metric for measuring the casino’s overall performance and growth trajectory.
