By SectorWire desk · · Updated
Lotte Tour Development recorded nearly KRW46.22bn (US$33.7m) in August casino sales in South Korea. Sales rose 7.5% year on year.
The sales increase gives investors a measure of annual casino revenue growth at Lotte Tour Development.
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Investors face mixed performance: annual sales growth accompanied lower monthly sales and falling table hold despite higher table drop.
The brokerage’s assessment tempers expected effects of the proposed rules on Lotte Tour.
July established a higher monthly casino sales benchmark for the operator in 2026.
The July result increases revenue at Lotte Tour’s Jeju casino.
The proposed fee increase would raise operators’ contributions to the tourism fund.