{"id":777006037,"date":"2023-06-07T08:10:25","date_gmt":"2023-06-07T11:10:25","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777006037"},"modified":"2026-04-22T21:14:31","modified_gmt":"2026-04-23T00:14:31","slug":"jeju-dream-tower-net-casino-sales-up-14-7-in-may","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/jeju-dream-tower-net-casino-sales-up-14-7-in-may","title":{"rendered":"Jeju Dream Tower net casino sales up 14.7% in May"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Jeju Dream Tower casino sales reached KRW11.42bn (US$8.8m) in May.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">South Korea.-&nbsp;<strong>Lotte Tour Development<\/strong>, the operator of the Jeju Dream Tower resort and foreigner-only casino on Jeju Island, has reported May casino sales of KRW11.42bn (US$8.8m). The figure was up 14.7 per cent&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/jeju-dream-tower-net-casino-sales-up-62-8-in-april\" target=\"_blank\">when compared to the previous month<\/a>&nbsp;and up 181.5 per cent in year-on-year terms.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Table-game sales&nbsp;<\/strong>were up 17.7 per cent from the previous month and 194.2 per cent from a year ago to nearly KRW10.69bn (US$8.23m).&nbsp;<strong>Machine-game sales&nbsp;<\/strong>stood at KRW733m (US$564k), down 16 per cent in month-on-month terms but up 72.4-per cent year-on-year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Hotel sales reached KRW7.68bn (US$5.92bn), an increase of 11.1 per cent from the previous month, but a decrease of 29.9 per cent from a year ago.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the <strong>first five months <\/strong>of the year, casino sales amounted to KRW37.73bn (US$29.07m), representing a 104.3 per cent increase compared to the same period last year. Table-game sales reached nearly KRW34.23bn (US$26.38m), reflecting year-on-year growth of 100.9 per cent. Machine-game sales rose by 143.7 per cent to just above KRW3.51bn (US$2.70m).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the January to May period, hotel sales amounted to KRW32.28bn (US$24.87m), down 32.7 per cent from last year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>See also:&nbsp;<\/strong><a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/south-korea-casino-industry-recovery-to-continue-analysts-say\" rel=\"noreferrer noopener\">South Korea casino industry recovery to continue, analysts say<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jeju Dream Tower casino sales reached KRW11.42bn (US$8.8m) in May.<\/p>\n","protected":false},"author":176,"featured_media":0,"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 reported robust May casino sales of KRW11.42bn (US$8.8m) at its Jeju Dream Tower foreigner-only casino, marking significant year-on-year growth of 181.5%, primarily driven by table games. While casino GGR for the first five months surged over 100% YoY, hotel revenues for the same period experienced a notable decline of 32.7%, indicating a divergence in segment performance within the integrated resort.","focusai_entities":"Lotte Tour Development","focusai_location":"South Korea, Jeju Island","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Jeju Dream Tower GGR Drivers?","query":"What specific factors, such as VIP segment recovery or increased mass-market visitation, are driving the significant year-on-year GGR growth at Jeju Dream Tower's foreigner-only casino, particularly for table games?"},{"label":"Integrated Resort Strategy?","query":"Given the strong casino performance juxtaposed with declining hotel revenues, what strategic adjustments is Lotte Tour Development considering to optimize the integrated resort's overall profitability and address the underperformance of its non-gaming segments?"}],"footnotes":""},"categories":[157,16338,158],"tags":[23765],"class_list":["post-777006037","post","type-post","status-publish","format-standard","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\/777006037","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=777006037"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777006037\/revisions"}],"predecessor-version":[{"id":777006076,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777006037\/revisions\/777006076"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777006037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777006037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777006037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}