Jeju Dream Tower to open on December 18

Reservations are already being taken for the US$1.4bn casino and hotel complex on Jeju Island.

South Korea.- Jeju Dream Tower will be officially inaugurated on October 18, according to its operator, Lotte Tour Development Company.

Some of the 1,300 employees hired have been working at the new property since October to set up the initial operations. The hotel is already taking reservations.   

The 38-storey tower cost US$1.42bn. Aside from a casino, it will include a 1,600-room Grand Hyatt hotel, 14 restaurants and bars, a shopping mall, an outdoor pool, two spas and a top-floor skydeck lounge.

The Dream Tower foreigner-only casino is expected to open with about 140 gaming tables, 190 slot machines, and 70 electronic gaming machines.

Lotte Tour has moved its headquarters from Seoul to the property on Jeju Island.

According to IAG, Lotte Tour plans to apply to relocate its current foreigner-only casino from the Lotte Hotel Jeju pending completion of a Casino Impact Study Assessment and approval from local authorities.