The venue reported casino sales of KRW28.42bn (US$21.4m). <\/p>\n\n\n\n\n\n\n\n
South Korea.- Lotte Tour Development<\/strong>, the operator of Jeju Dream Tower casino, has reported that casino revenues reached KRW28.42bn (US$21.4m) <\/strong>in September. The figure was up 98.4 per cent compared to September 2023<\/a>, but down 13.7 per cent sequentially<\/a>.<\/p>\n\n\n\n Table-game sales were KRW27.16bn (US$20.5m), a decrease of 8.6 per cent from the prior month but up 106.6 per cent from last year. Machine-game sales were KRW1.26bn (US$951,000), a sequential drop of 60.8 per cent but up 6.7 per cent year-on-year. The casino drop for September <\/strong>was KRW129.4bn (US$97.6m), down 18.9 per cent sequentially and up 24.7 per cent year-on-year. <\/p>\n\n\n\n Jeju Dream Tower recorded 35,764 visitors in September<\/strong>, a 4.6 per cent decrease from August when the casino venue recorded 37,494 visitors. On year-on-year terms, the casino-visitor tally rose 27.0 per cent. Lotte Tour’s September hotel sales stood at KRW6.81bn (US$5.12m), down 31.3 per cent month-on-month and 13.9 per cent compared to the previous year.<\/p>\n\n\n\n For the first nine months of this year, casino sales reached nearly KRW220.77bn (US$167m), marking a 120 per cent increase from the prior-year period. Hotel sales for January to September amounted to approximately KRW65.8bn (US$49.97m), down 5 per cent when compared to last year.<\/p>\n","protected":false},"excerpt":{"rendered":" The venue reported casino sales of KRW28.42bn (US$21.4m). <\/p>\n","protected":false},"author":176,"featured_media":21500,"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's Jeju Dream Tower casino reported KRW28.42bn (US$21.4m) in September casino revenues, a 98.4% year-on-year increase but a 13.7% sequential decline. While table game sales saw significant annual growth, machine game sales and overall casino drop experienced sequential decreases, alongside a slight month-on-month dip in visitor numbers. Year-to-date casino sales for the first nine months reached KRW220.77bn (US$167m), up 120% from the prior year.","focusai_entities":"Lotte Tour Development, Jeju Dream Tower","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":"Q3 GGR Outlook","query":"What specific factors contributed to the sequential decline in casino revenues and drop, and what is the projected GGR outlook for Q4 given these trends?"},{"label":"Visitor Demographics Shift","query":"Are there discernible shifts in visitor demographics or average spend per visitor that explain the divergence between year-on-year visitor growth and sequential revenue decline?"}],"footnotes":""},"categories":[16338,163],"tags":[23765,23851],"class_list":["post-777019596","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-jeju-dream-tower","tag-lotte-tour-development"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777019596","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=777019596"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777019596\/revisions"}],"predecessor-version":[{"id":777019622,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777019596\/revisions\/777019622"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/21500"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777019596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777019596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777019596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}