{"id":26052,"date":"2022-01-06T06:56:35","date_gmt":"2022-01-06T09:56:35","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=26052"},"modified":"2026-04-23T12:30:45","modified_gmt":"2026-04-23T15:30:45","slug":"jeju-dream-tower-posts-krw8-13bn-in-gaming-revenue-for-december","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/jeju-dream-tower-posts-krw8-13bn-in-gaming-revenue-for-december","title":{"rendered":"Jeju Dream Tower posts KRW8.13bn in gaming revenue for December"},"content":{"rendered":"\n<p>Lotte Tour Development Co Ltd has confirmed Jeju Dream Tower achieved its first positive EBITDA in December.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>South Korea.-<strong>&nbsp;Lotte Tour Development Co Ltd&nbsp;<\/strong>has announced that Jeju Dream Tower&#8217;s December earnings before interest, taxes, depreciation and amortization (EBITDA) have achieved positive values \u200b\u200bfor the first time since the casino opened in June.<\/p>\n\n\n\n<p>The company stated in a press release that December&#8217;s EBITDA at the Jeju Island venue was KRW1.48bn (US$1.23m).&nbsp;<\/p>\n\n\n\n<p><strong>Gaming revenue<\/strong>&nbsp;this month was KRW8.13bn, the highest monthly revenue since the launch of the property.<\/p>\n\n\n\n<p>Jeju Dream Tower\u2019s total sales revenue of its three business units, including casinos, hotels and shopping centres was approximately KRW20bn in December.\u00a0<\/p>\n\n\n\n<p>The casino operator also stated that hotel sales alone through its Jeju Grand Hyatt brand accommodation reached KRW11.5bn, a monthly record.<\/p>\n\n\n\n<p>The total operating profit of the resort for the month was close to KRW730m.<\/p>\n\n\n\n<p>Lotte Tour Development opened a new phase of&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/second-jeju-dream-tower-hotel-to-open-on-november-29\" rel=\"noreferrer noopener\">Grand Hyatt Jeju Hotel on November 29<\/a>. The complete venue with its two 38-floor towers covers a total floor area of 303,737 square metres.<\/p>\n\n\n\n<p>The\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/jeju-dream-tower-casino-ready-to-open-in-june\">Jeju Dream Tower casino<\/a>\u00a0opened its doors in June after passing a<strong>\u00a0final inspection<\/strong>. It has\u00a0<strong>141 game tables<\/strong>\u00a0offering five types of table games,\u00a0<strong>190 slot machines and 71 electronic gaming machines.\u00a0<\/strong>It also includes an ETG master table.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lotte Tour Development Co Ltd has confirmed Jeju Dream Tower achieved its first positive EBITDA in December.<\/p>\n","protected":false},"author":176,"featured_media":18521,"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 Co Ltd's Jeju Dream Tower achieved its inaugural positive EBITDA of KRW1.48bn in December, marking a significant operational milestone since its June casino opening. This performance was driven by record monthly gaming revenue of KRW8.13bn and strong hotel sales from the Grand Hyatt Jeju, contributing to a total resort sales revenue of approximately KRW20bn. The integrated resort's financial turnaround signals potential for sustained profitability in the South Korean market.","focusai_entities":"Lotte Tour Development Co Ltd, Jeju Dream Tower, Grand Hyatt Jeju","focusai_location":"South Korea, Jeju Island","focusai_target_profile":"ceo_executive (0.95), regulator (0.7), operator_casino (0.9), marketing_crm (0.75), investor_analyst (0.98), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Sustained Profitability Outlook","query":"What are the projected EBITDA margins and NGR growth trajectories for Jeju Dream Tower over the next 12-24 months, considering the recent operational ramp-up and the full integration of its resort components?"},{"label":"Market Share Impact","query":"How will Jeju Dream Tower's demonstrated profitability and record gaming revenues impact the competitive landscape and market share dynamics among South Korean integrated resorts, particularly concerning VIP and mass-market segments?"}],"footnotes":""},"categories":[157,16338,158],"tags":[23765],"class_list":["post-26052","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"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/26052","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\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=26052"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/26052\/revisions"}],"predecessor-version":[{"id":26066,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/26052\/revisions\/26066"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/18521"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=26052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=26052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=26052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}