compared to HK$248.0m last year<\/a>.<\/p>\n\n\n\nThe casino operator attributed the growth in overall group revenue to an \u201cincrease in domestic consumption\u201d at its Jeju Shinhwa World resort which houses the Landing Casino.<\/p>\n\n\n\n
It also carried out a series of marketing campaigns that led to an increase in revenue generated from the integrated resort segment.<\/p>\n\n\n\n
The integrated resort segment recorded revenue of HK$448.7m for the six months ended June 30, compared to HK$350.7m for the same period last year.<\/p>\n\n\n\n
During the period, total non-gaming revenue was approximately HK$658.9m, up from slightly less than HK$418.0m last year.<\/p>\n\n\n\n
As regards plans to build a new hotel at Jeju Shinhwa World<\/strong>, the company said the project has been suspended in order to give priority to its property development business.<\/p>\n","protected":false},"excerpt":{"rendered":"Gaming revenue was down 44.4 per cent year-on-year to HK$32.6m in the first half of the year.<\/p>\n","protected":false},"author":176,"featured_media":17328,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Landing International Development reported a reduced net loss of HK$105.4m in H1, alongside a 45.1% increase in consolidated revenue, primarily driven by non-gaming segments at its Jeju Shinhwa World resort. Gaming revenue, however, declined by 44.4% year-on-year. The company has also suspended a new hotel project to prioritize property development.","focusai_entities":"Landing International Development, Jeju Shinhwa World, Landing Casino","focusai_location":"South Korea","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.8), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Gaming Revenue Strategy?","query":"Given the 44.4% decline in gaming revenue, what specific strategies is Landing International implementing to reverse this trend and optimize GGR within its casino operations?"},{"label":"Hotel Project Impact?","query":"How does the suspension of the new hotel project at Jeju Shinhwa World impact the long-term capital expenditure plan and the overall integrated resort development strategy, particularly concerning non-gaming revenue diversification?"}],"footnotes":""},"categories":[16338,163],"tags":[23924],"class_list":["post-33059","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-landing-international"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/33059","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=33059"}],"version-history":[{"count":1,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/33059\/revisions"}],"predecessor-version":[{"id":33060,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/33059\/revisions\/33060"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/17328"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=33059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=33059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=33059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}