{"id":27186,"date":"2022-02-11T07:39:50","date_gmt":"2022-02-11T10:39:50","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=27186"},"modified":"2026-04-23T11:24:30","modified_gmt":"2026-04-23T14:24:30","slug":"jeju-dream-tower-posts-gaming-revenue-of-us12m-for-q4","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/jeju-dream-tower-posts-gaming-revenue-of-us12m-for-q4","title":{"rendered":"Jeju Dream Tower posts gaming revenue of US$12m for Q4"},"content":{"rendered":"\n<p>Lotte Tour Development Co Ltd has reported that the Jeju Dream Tower casino resort recorded gaming revenue of KRW14.4bn (US$12m) for the fourth quarter of 2021.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>South Korea.-\u00a0<strong>Lotte Tour Development Co Ltd\u00a0<\/strong>has shared financial results for the three months to December 31. It revealed that Jeju Dream Tower casino resort gaming revenue was up 17.1 per cent\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/jeju-dream-tower-posts-gaming-revenue-of-us10-4m-for-q3\" target=\"_blank\">quarter-on-quarter<\/a>\u00a0from KRW12.3bn (US$10.4m) to KRW14.4bn (US$12m). Net casino sales grew from KRW8.2bn to KRW9.8bn.<\/p>\n\n\n\n<p>KRW9.7bn of the total gaming revenue came from the VIP segment while mass table play collected KRW4.7bn. VIP rolling chip volume for the fourth quarter was KRW4.3bn and mass table drop KRW8.0bn.\u00a0<\/p>\n\n\n\n<p>VIP rolling chips in the fourth quarter were KRW253.5bn, up from KRW133.9bn in the previous quarter. Mass table drop was KRW27.4bn, down from KRW38bn in the third quarter.<\/p>\n\n\n\n<p>The company reported full-year 2021 gaming revenue of KRW30.9bn and casino net sales of KRW21.1bn.<\/p>\n\n\n\n<p>The Jeju Dream Tower casino\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/jeju-dream-tower-casino-ready-to-open-in-june\" target=\"_blank\">opened its doors in June 2021<\/a>\u00a0after passing a final inspection. The company launched a new phase of the Grand Hyatt hotel on January 10. The property now has 1,600 rooms.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lotte Tour Development Co Ltd has reported that the Jeju Dream Tower casino resort recorded gaming revenue of KRW14.4bn (US$12m) for the fourth quarter of 2021.<\/p>\n","protected":false},"author":176,"featured_media":25859,"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 reported Q4 2021 gaming revenue of KRW14.4bn (US$12m) for its Jeju Dream Tower casino resort, marking a 17.1% quarter-on-quarter increase. Net casino sales reached KRW9.8bn, with the VIP segment contributing KRW9.7bn of the total gaming revenue. The resort, which commenced casino operations in June 2021, also expanded its Grand Hyatt hotel capacity to 1,600 rooms in January.","focusai_entities":"Lotte Tour Development Co Ltd, Jeju Dream Tower, Grand Hyatt","focusai_location":"South Korea, Jeju","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.9), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"VIP vs. Mass Market GGR?","query":"What is the projected long-term GGR contribution ratio between the VIP and mass market segments for Jeju Dream Tower, considering the recent hotel capacity expansion and evolving travel restrictions?"},{"label":"Operational Efficiency Metrics?","query":"Beyond GGR and NGR, what are the key operational efficiency metrics (e.g., EBITDA margin, player yield per table) for Jeju Dream Tower, and how do they benchmark against regional competitors post-ramp-up?"}],"footnotes":""},"categories":[157,16338,158],"tags":[23765],"class_list":["post-27186","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\/27186","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=27186"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/27186\/revisions"}],"predecessor-version":[{"id":27194,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/27186\/revisions\/27194"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/25859"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=27186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=27186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=27186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}