Casinos Hit Jackpot as High-Rollers Return: May Brings Record Foreign Revenue
Creatrip Team
a month ago
South Korea’s foreigner-only casinos saw an unprecedented boom in May as weaker won and strong dollar/renminbi boosted purchasing power of wealthy Chinese VIPs, while Japan’s Golden Week brought many mass visitors. Major operators (Lotte, Paradise, GKL) reported double-digit revenue jumps and record monthly figures; VIP “drop” (amount spent on chips) rose sharply. The surge spilled over to resort hotels and F&B, lifting occupancy and spending. Industry analysts say continued gains depend on summer flight capacity and currency stability, with potential for annual inbound visitors to top 20 million.
