{"id":777021759,"date":"2025-01-07T06:05:08","date_gmt":"2025-01-07T09:05:08","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777021759"},"modified":"2026-04-22T03:01:20","modified_gmt":"2026-04-22T06:01:20","slug":"gambling-in-south-korea-lotte-tour-announces-jeju-dream-tower-casino-revenue-in-2024","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/gambling-in-south-korea-lotte-tour-announces-jeju-dream-tower-casino-revenue-in-2024","title":{"rendered":"Gambling in South Korea: Lotte Tour announces Jeju Dream Tower casino revenue in 2024"},"content":{"rendered":"\n

The venue reported casino sales of KRW294.65bn (US$200.7m) in 2024.<\/p>\n\n\n\n\n\n\n\n

South Korea.-\u00a0Lotte Tour Development<\/strong>, the operator of Jeju Dream Tower casino, has reported that\u00a0casino revenues\u00a0<\/strong>in 2024 rose 93.3 per cent year-on-year<\/a> to KRW294.65bn (US$200.7m)<\/strong>.<\/p>\n\n\n\n

Casino drop, the amount paid by customers to buy chips for table games, was nearly KRW1.52tn, up 19.2 per cent year-on-year. Hotel revenue stood at KRW84.52bn (US$57.4m), down 7.8 per cent year-on-year.<\/p>\n\n\n\n

December casino revenue\u00a0declined 9.5 per cent month-on-month<\/a> from KRW26.08bn (US$18.6m) to KRW23.6bn (US$16m). The figure was up 64.6 per cent year-on-year. Table-game sales amounted to KRW22.15bn (US$15.1m), down 10.9 per cent sequentially but up 66.3 per cent year-on-year. Machine-game sales rose 18.5 per cent month-on-month and 41.9 per cent year-on-year to KRW1.45bn (US$984,000).<\/p>\n\n\n\n

The casino drop <\/strong>was KRW132.78bn (US$90.1m), down 1.8 per cent sequentially, but up 5.2 per cent year-on-year. Some 36,490 people visited the casino, down 1.9 per cent from the previous month but up 28.8 per cent year-on-year. The hold rate for the casino\u2019s table games was 16.7 per cent, versus 18.4 per cent in November and 10.6 per cent compared to December 2023.<\/p>\n","protected":false},"excerpt":{"rendered":"

The venue reported casino sales of KRW294.65bn (US$200.7m) in 2024.<\/p>\n","protected":false},"author":176,"featured_media":27875,"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 a substantial 93.3% year-on-year increase in 2024 casino revenue, reaching KRW294.65bn (US$200.7m), with casino drop also rising 19.2% to KRW1.52tn. While December saw a month-on-month decline in casino revenue and table game sales, both metrics demonstrated robust year-on-year growth, supported by increased machine-game sales and visitor numbers, alongside a 16.7% table game hold rate.","focusai_entities":"Lotte Tour Development, Jeju Dream Tower","focusai_location":"South Korea, Jeju","focusai_target_profile":"ceo_executive (0.95), operator_casino (0.95), marketing_crm (0.75), investor_analyst (1.0), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"December Performance Drivers","query":"What specific market dynamics or operational adjustments contributed to the month-on-month decline in December casino revenue and table game sales, despite strong year-on-year growth, and how does the 16.7% hold rate reflect operational efficiency?"},{"label":"Future Growth Trajectory","query":"Given the substantial 93.3% YoY revenue growth, what are Lotte Tour Development's strategic initiatives to sustain this trajectory, particularly concerning VIP segment development, marketing spend, and potential expansion of gaming verticals at Jeju Dream Tower?"}],"footnotes":""},"categories":[16338,163],"tags":[23765,23851],"class_list":["post-777021759","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\/777021759","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=777021759"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777021759\/revisions"}],"predecessor-version":[{"id":777021773,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777021759\/revisions\/777021773"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/27875"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777021759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777021759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777021759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}