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Jeju Dream Tower could raise table count to 216 from 2027, iM Securities says

Brokerage iM Securities says Jeju Dream Tower may expand from 170 to 216 gaming tables from 2027, adding gaming floors. Lotte Tour Development declined to comment, so the plan is not company-confirmed.

Source: igamingtoday
Photo: © igamingtoday

Jeju Dream Tower, the South Korean integrated property with a foreigner-only casino, could grow its gaming table count from 170 to 216 starting in 2027, according to brokerage iM Securities Co Ltd. The change would amount to an increase of just over 27% and would move gaming beyond the second floor, where the casino currently operates.

Analyst Hwang Jiwon described the plan in a Friday report on Lotte Tour Development Co, the promoter of the property. Under the proposal, the second-floor casino would gain 20 additional mass-market baccarat tables. A Texas Hold'em poker area would open on the third floor, although the report as relayed by GGRAsia did not give the number of poker tables. The sixth floor would house a VIP baccarat area with 16 tables.

The brokerage did not name the source of its information. A Lotte Tour Development representative contacted by GGRAsia declined to comment on the note about a possible reorganisation of the gaming offer. The proposed table numbers and floor layout are therefore attributed solely to iM Securities and should not be read as a confirmed company announcement.

Official data differs slightly from the brokerage's starting figure. South Korea's Ministry of Culture, Sports and Tourism recorded 169 gaming tables at Jeju Dream Tower as of April 2026. The ministry's breakdown listed 140 baccarat tables, 16 poker tables, 5 blackjack tables, 4 roulette tables and 4 dai sai tables. The brokerage's calculation uses a starting count of 170.

A Jeju government official also outlined the regulatory process for such changes. Increases of under 50% in a gaming property's inventory require notification to, and consultation with, the local authority. Increases above 50% require planning permission from the Jeju authorities. At about 27%, the reported expansion would fall below that threshold, meaning it would call for notification and consultation rather than the separate planning permission.

Based on reporting by igamingtoday.

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