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Korea’s tourism surge expected to continue but no sign of casino stocks responding in kind

Wednesday, July 8, 2026 9:49 AM
Photo: NoonBuSin/Shutterstock.com
  • Ben Blaschke, Inside Asian Gaming

The share prices of South Korea’s listed foreigner-only casino companies have hit 12-month lows over the past week, reflecting deeply embedded market concerns at a time when casino revenues are at all-time highs.

The decline in stock prices also comes at a time when Korea is enjoying a surge in inbound visitor arrivals – a trend that is expected to continue through the second half of 2026.

As reported by local news agency Newsis, shares in the country’s leading foreigner-only operator Paradise Co hit a 52-week low of KRW12,220 on 3 July, as did Grand Korea Leisure at KRW10,150. Lotte Tour Development Co Ltd, operator of Jeju Dream Tower, also fell to a 12-month low of KRW14,070 on 29 June.