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Low Hold Rate Weighs on Jeju Dream Tower Casino Revenue

Editor by Editor
October 3, 2026
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Jeju Dream xTower recorded its highest-ever month-to-month on line casino visitation in September, extending a 12 months of double-digit progress in general resort income at the same time as on line casino earnings declined as a consequence of an unusually low desk maintain charge.

Lotte Tour Development reported on October 1 that the Jeju built-in resort generated 43.4 billion gained in mixed on line casino and lodge income throughout September. For the primary 9 months of 2026, complete income reached 525.3 billion gained, representing a 15.9% improve in contrast with the identical interval a 12 months earlier.

The resort additionally delivered one in every of its strongest quarters on file, in response to AJP News Agency. Third-quarter income totaled 175.9 billion gained, rating because the fourth-highest quarterly outcome within the property’s historical past, whereas each visitation and gaming exercise reached new highs.

Despite these beneficial properties, September on line casino income fell considerably as player-friendly outcomes pushed the maintain charge properly beneath historic averages.

Record Visitor Numbers Drive Strong Gaming Activity

According to filings with the Korea Exchange, Jeju Dream Tower welcomed 66,393 on line casino guests in September, surpassing the earlier month-to-month file of 63,192 established in May. The determine contributed to a quarterly visitation complete of 188,147, one other all-time excessive for the property.

Gaming exercise remained sturdy all through the interval. September desk drop reached 237.8 billion gained, making it one of many strongest month-to-month performances of the 12 months. On a quarterly foundation, desk drop climbed to 748.4 billion gained, up 17.4% from the earlier quarter.

For the primary 9 months of 2026, on line casino drop quantity elevated 10.1% year-on-year to 1.96 trillion gained. Casino income over the identical interval rose 17.7% to 393.1 billion gained, demonstrating continued progress regardless of the softer September outcome.

The resort’s lodge enterprise additionally maintained constructive momentum. Third-quarter lodge income reached a file 48.6 billion gained. Lotte Tour Development has beforehand described lodge efficiency as an essential indicator of future on line casino demand, making the newest figures notable forward of the ultimate quarter of the 12 months.

Lower Hold Rate Reduces September Casino Revenue

Although visitation and wagering volumes remained sturdy, September on line casino income declined sharply due to a lower-than-normal maintain charge.

Net on line casino income for the month got here in at 29.1 billion gained, down 37.7% from August and 45.1% decrease than September 2025. Table video games generated 25.8 billion gained in income, whereas gaming machines contributed 3.31 billion gained.

Machine income confirmed enchancment regardless of the general decline, rising 80.6% year-on-year and 21.3% in contrast with the earlier month.

The main issue behind the weaker on line casino outcome was the desk maintain charge, which dropped to 10.84%. That determine was the bottom stage recorded since December 2023 and stood properly beneath the property’s 12-month common maintain charge of 20%.

A consultant from Lotte Tour Development acknowledged, “Despite the record number of 66,393 casino visitors in September and a drop amount of 237.8 billion won, the casino performance fell short of market expectations due to the historically low table hold rate.”

The firm famous that fluctuations in maintain charges are a typical characteristic of on line casino operations and may have a major influence on short-term income no matter customer numbers or wagering quantity.

Examples cited by the corporate included main on line casino operators in Macau and South Korea. The Venetian Macao reported a mass desk maintain charge of 20.4% through the second quarter, beneath its common over the earlier 4 quarters of 23.1%. Paradise City additionally skilled a maintain charge of 5.7% in March, considerably decrease than its 26-month common of 11.7%.

Quarterly on line casino income at Jeju Dream Tower reached 127.3 billion gained, down 13.4% from the earlier quarter’s 147.1 billion gained, reflecting the influence of September’s decrease maintain efficiency.

Focus Turns to Fourth-Quarter Performance

Management stays optimistic concerning the remaining quarter of the 12 months, citing anticipated will increase in journey demand and worldwide connectivity.

China’s National Day vacation, sometimes called Golden Week, started on October 1 and runs by way of October 7. Lotte Tour Development expects lodge occupancy to method 94% through the vacation interval, in contrast with 84.4% throughout the identical interval final 12 months.

The firm additionally highlighted plans for a considerable improve in direct worldwide flights serving Jeju Island after October, which might help additional customer progress.

While September’s income figures had been affected by gaming outcomes, file visitation, rising drop volumes and continued progress throughout the resort’s operations recommend demand remained sturdy heading into the ultimate months of 2026.





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