Casino sales were up 267.3 per cent year-on-year.<\/p>\n\n\n\n\n\n\n\n
South Korea.- Lotte Tour Development, operator of Jeju Dream Tower casino, has reported that casino sales for January were KRW23.85bn (US$18.0m). The figure was up 267.3 per cent year-on-year and up 66.3 per cent when compared to the previous month.<\/p>\n\n\n\n
Table-game sales amounted to KRW22.76bn, up 70.8 per cent when compared to December and up 293.2 in year-on-year terms. Machine-game sales reached KRW1.10bn, up 7.5 per cent month-on-month and up 55.2 per cent in year-on-year terms.<\/p>\n\n\n\n
Hotel sales were KRW5.15bn, down 26.2 per cent from December and down 15.6 per cent year-on-year.<\/p>\n\n\n\n
Casino sales for the full year 2023<\/a>\u00a0rose 248.7 per cent year-on-year from KRW43.68bn to KRW152.30bn (US$116.1m). December’s casino revenue\u00a0declined 20.6 per cent month-on-month<\/a>\u00a0from KRW18bn (US$13.8m) to KRW14.22bn (US$10.84m). The figure was up 582.5 per cent in year-on-year terms.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":" Casino sales were up 267.3 per cent year-on-year.<\/p>\n","protected":false},"author":176,"featured_media":12067,"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 January casino sales of KRW23.85bn (US$18.0m), marking a 267.3% year-on-year increase, primarily driven by strong table-game performance. While full-year 2023 casino GGR also saw significant growth, hotel revenues experienced a decline, indicating a mixed operational performance for the integrated resort.","focusai_entities":"Lotte Tour Development, Jeju Dream Tower","focusai_location":"South Korea, Jeju","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Table-Game GGR Drivers?","query":"What specific market factors or operational strategies contributed to the substantial year-on-year growth in table-game Gross Gaming Revenue for Jeju Dream Tower, and what is the projected sustainability of this trend given regional competitive dynamics?"},{"label":"Hotel Revenue Impact?","query":"Given the reported decline in hotel revenues, what is the net impact on Lotte Tour Development's integrated resort profitability, and what adjustments are being considered for the non-gaming vertical's operational strategy?"}],"footnotes":""},"categories":[16338,163],"tags":[23765],"class_list":["post-777012849","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-jeju-dream-tower"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012849","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=777012849"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012849\/revisions"}],"predecessor-version":[{"id":777012870,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012849\/revisions\/777012870"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/12067"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777012849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777012849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777012849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}