• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Sunday 14 September 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
  • 日本語
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
  • 日本語
No Result
View All Result
IAG
No Result
View All Result

Lotte Tour’s Jeju Dream Tower to open today

Newsdesk by Newsdesk
Fri 18 Dec 2020 at 05:43
Lotte Tour to open Jeju Dream Tower within 2020 after final approvals received

Jeju Dream Tower

44
SHARES
1.1k
VIEWS
Print Friendly, PDF & Email

Lotte Tour Development Co Ltd will officially open its long-awaited US$1.4 billion integrated resort, Jeju Dream Tower, today after receiving final approvals for its 1,600-suite hotel.

According to Jeju Sori, Jeju Dream Tower’s Grand Hyatt hotel has now been registered as a tourist accommodation business under the Tourism Promotion Act and Jeju Tourism Promotion Ordinance, which applies to hotels with 30 rooms or more and includes certain requirements on facilities as well as provisions on foreign ownership and use rights for the land and buildings.

Lotte Tour revealed late last month that it had begun taking reservations for guests to stay in its hotel starting from 18 December 2020.

The tallest building in Jeju at 38 floors or 169 meters high, Jeju Dream Tower will feature a retail mall, 14 restaurants and bars, an outdoor pool deck, top floor skydeck with lounge, two spas and a hotel upon opening, although there is no casino on site just yet.

Lotte Tour plans to apply to relocate its current foreigner-only casino from the Lotte Hotel Jeju pending completion of a Casino Impact Study Assessment and approval form local authorities. The relocation would expand the current gaming space by almost five times to more than 5,000 square meters and see its five gaming tables and 51 machines rise to 150 tables and 300 machines.

The opening of Jeju Dream Tower comes some 40 years after the 75-acre site upon which it sits was first purchased by Lotte Tour predecessor Dongwha Investment and Development Co Ltd in 1980. Excavation work began in 1984 but was halted due to lack of funding. The project was eventually resurrected in 2008 and construction resumed in May 2016 following alterations to the design.

RelatedPosts

POST-COVID5: Re-opening mood is growing. What will drive the ramp-up?

Macau gaming tax climbs to new post-pandemic high of MOP$8.31 billion in August

Fri 12 Sep 2025 at 06:20

Jeju Shinhwa World rebrands Landing Casino as “LES A Casino”

Wed 10 Sep 2025 at 06:26
IAG Spot Count: Macau satellite and 2nd tier casinos keep chugging along

Macau GGR showing signs of seasonal slowdown in September

Mon 8 Sep 2025 at 21:36
MGM Cotai

Bill Hornbuckle: Macau promotional environment now locked in place despite rapid return of VIPs

Fri 5 Sep 2025 at 06:45
Load More
Tags: casinoGrand HyattJeju IslandLotte Tour Development CoSouth Korea
Share18Share3
Newsdesk

Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

Current Issue

Editorial – Flipping the script

Editorial – Flipping the script

by Ben Blaschke
Thu 28 Aug 2025 at 12:30

This month represents an important milestone for Inside Asian Gaming as we launch IAG EXPO – an expansion of the...

Asia market roundup

Asia market roundup

by Ben Blaschke
Thu 28 Aug 2025 at 12:26

Inside Asian Gaming takes a deep dive into the state of Asia-Pacific’s key gaming markets: who’s hot, who’s not and...

Rewriting the rules

Rewriting the rules

by Newsdesk
Thu 28 Aug 2025 at 11:43

IAG EXPO, taking place at Newport World Resorts from 8 to 10 September, is not your usual trade show. IAG...

Test of character

Test of character

by Newsdesk
Thu 28 Aug 2025 at 11:28

Since its establishment in 1989, Gaming Laboratories International (GLI) has developed into the world’s most trusted name when it comes...

Evolution Asia
Evolution Asia
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
NWR
NWR

Related Posts

Macau’s concessionaires could soon turn to virtual performers to keep pace with rising competition in global entertainment scene

Macau’s concessionaires could soon turn to virtual performers to keep pace with rising competition in global entertainment scene

by Ben Blaschke
Sun 14 Sep 2025 at 14:24

Macau’s concessionaires could soon turn to digital pop stars and virtual performers to satisfy the needs of the city’s burgeoning entertainment scene. David Baxley, long-time Regional Vice President for Sands China and Marina Bay Sands, explained during a panel session...

Entain Australia and New Zealand CEO Andrew Vouris announced as Featured Speaker at Regulating the Game 2026

Entain Australia and New Zealand CEO Andrew Vouris announced as Featured Speaker at Regulating the Game 2026

by Newsdesk
Sun 14 Sep 2025 at 11:33

Leading gaming law and regulation conference Regulating the Game has announced the newly appointed CEO of Entain Australia and New Zealand as its first Featured Speaker for its March 2026 event in Sydney. The conference is scheduled to take place...

Crane NXT to improve counterfeit detection abilities via planned full acquisition of Italian inspection and detection firm Antares Vision

Crane NXT to improve counterfeit detection abilities via planned full acquisition of Italian inspection and detection firm Antares Vision

by Newsdesk
Sat 13 Sep 2025 at 11:12

Crane NXT – the parent company of currency and payments technology form CPI – says it has signed definitive agreements to acquire a significant stake in Italian inspection and detection systems firm Antares Vision S.p.A. with the intention of taking...

SJM reveals eco-friendly features of new Cotai IR

Fitch expecting SJM’s EBITDA leverage to widen in 2025 on slowing growth of Grand Lisboa Palace, satellite casino uncertainty

by Ben Blaschke
Sat 13 Sep 2025 at 10:57

The EBITDA leverage of Macau concessionaire SJM Holdings is expected to increase to more than 8x in 2025, widened from 7.0x in 2024, due to squeezed margins at the company’s Cotai integrated resort Grand Lisboa Palace and the impact of...

Your browser does not support the video tag.


IAG

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE
  • 中文
  • 日本語

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • 中文
  • 日本語
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • 中文
  • English
  • 日本語