taking reservations<\/a><\/em><\/strong> since November. <\/p>\n\n\n\nLotte Tour has moved its headquarters from Seoul to the property on Jeju Island.<\/p>\n\n\n\n
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.<\/p>\n\n\n\n
The Dream Tower foreigner-only casino is expected to open with 140 gaming tables, 190 slot machines, and 70 electronic gaming machines.<\/p>\n","protected":false},"excerpt":{"rendered":"
The 1,600-room Grand Hyatt hotel will be inaugurated along with the rest of the facility on December 18.<\/p>\n","protected":false},"author":2,"featured_media":12836,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Lotte Tour Development Company has secured the necessary tourism accommodation business registration certificate for its US$1.42bn Jeju Dream Tower, including the Grand Hyatt Jeju and a foreigner-only casino, to open on December 18. The integrated resort features 1,600 hotel rooms, 140 gaming tables, 190 slot machines, and 70 electronic gaming machines, marking a significant new market entry in South Korea's semi-autonomous Jeju Island.","focusai_entities":"Lotte Tour Development Company, Grand Hyatt Jeju, Dream Tower","focusai_location":"Jeju, South Korea, Seoul","focusai_target_profile":"ceo_executive (0.95), regulator (0.9), compliance_legal (0.88), operator_casino (0.92), payments_fraud_aml (0.85), investor_analyst (0.96), supplier_vendor (0.8), journalist_researcher (0.93)","focusai_suggestions":[{"label":"Jeju Dream Tower GGR Projections?","query":"What are the projected Gross Gaming Revenue (GGR) and Net Gaming Revenue (NGR) for the Jeju Dream Tower's foreigner-only casino in its first 12-24 months of operation, considering the current market conditions and travel restrictions?"},{"label":"Regulatory Compliance Nuances?","query":"Beyond the tourism accommodation certificate, what specific B2C licensing and ongoing regulatory compliance obligations must Lotte Tour Development adhere to for the foreigner-only casino operations under Jeju's semi-autonomous legislation?"}],"footnotes":""},"categories":[157,16338,158],"tags":[23765,23766,152],"class_list":["post-12834","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","category-slider-home","tag-jeju-dream-tower","tag-jeju-island","tag-south-korea"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/12834","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=12834"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/12834\/revisions"}],"predecessor-version":[{"id":12848,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/12834\/revisions\/12848"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/12836"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=12834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=12834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=12834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}