Analyst sees more room for growth at Jeju Dream Tower despite expectation of lower Q3 earnings

Lotte Tour Development’s foreigner-only casino Jeju Dream Tower still has plenty of room for growth, according to Korean financial group KB Securities – even if the company is expected to report lower earnings for the September 2026 quarter. In a note, KB Securities analyst Choi Yong-hyun said Q3 earnings would likely fall short of expectations due to external uncertainties, including a crackdown in mainland China on undeclared overseas income. This, Choi explained, follows a downward revision to its 2026 estimates for Lotte Tour after factoring in the policy shifts and the fact that the company’s VIP rolling table business has…