Jeju Dream Tower casino moves closer to approval
The Standing Committee of Jeju Provincial Council has approved the request for approval of the Jeju Dream Tower casino despite criticism from a citizens’ group.
South Korea.- Lotte Tour Development Company’s request to relocate its Jeju casino to the new US$1.4bn Jeju Dream Tower has unexpectedly been recommended for approval by The Standing Committee of the Jeju Provincial Council.
A few days ago an imminent approval seemed in doubt after a local citizens’ group claimed that official public opinion surveys had been manipulated, causing the provincial council to suspend its review of the casino licensing application.
The approval recommendation will now face a plenary session of the council and Governor Won Hee-ryong will take a final decision.
The Dream Tower foreigner-only casino is due to have 140 gaming tables, 190 slot machines, and 70 electronic gaming machines.
Jeju casino sales fall to US$61.5m in 2020
The South Korean holiday island of Jeju reported that casinos together saw sales decline by 63.6 per cent year-on-year in 2020.
The casinos were deeply affected by the Covid-19 pandemic and several lockdowns. Only four Jeju casinos out of a total of 16 foreigner-only venues remained operational through most of 2020
