• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Monday 14 July 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
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
No Result
View All Result
IAG
No Result
View All Result

Jeju Dream Tower casino revenues down 15% sequentially in October

Newsdesk by Newsdesk
Mon 4 Nov 2024 at 04:48
Grand Hyatt in Lotte Tour’s Jeju Dream Tower granted 5-star rating
10
SHARES
261
VIEWS
Print Friendly, PDF & Email

Lotte Tour’s Korean integrated resort, Jeju Dream Tower, reported a 14.9% month-on-month decline in casino revenues to KRW24.2 billion (US$17.5 million) in October. However, the figures represented a 22.2% increase over the same period in 2023.

According to information filed with the Korea Exchange, October’s casino revenue included KRW23.1 billion (US$16.7 million) in table revenue, down 14.8% month-on-month, and KRW1.06 billion (US$768,000) in machine revenue, down 16.5%.

Table drop of KRW137.1billion (US$99.3 million) was up 5.9% month-on-month but down 4.4% year-on-year.

Hotel revenue in October improved by 13.0% compared with September to KRW7.70 billion (US$5.6 million) but was down by 12.9% versus October 2023.

For the first 10 months of 2024 combined, casino revenue has reached KRW245.0 billion (US$178 million), up 104% year-on-year, while hotel revenue is down by 5.8% to KRW73.6 billion (US$53.3 million).

Jeju Dream Tower is the tallest building in Jeju at 38 floors or 169 meters high and features a retail mall, 14 restaurants and bars, an outdoor pool deck, top floor skydeck with lounge, two spas and a casino boasting 150 tables and 300 slot machines.

The casino was relocated from its former home at the smaller Lotte Hotel Jeju in June 2021 and covers more than 5,000 square meters, offering 141 gaming tables, 190 slot machines and 71 electronic table games.

RelatedPosts

Grand Korea Leisure books US$11.4 million profit in 1Q25 on higher casino sales, better margins

Grand Korea Leisure reports sequential gain but year-on-year decline in casino revenue to US$25.5 million

Fri 4 Jul 2025 at 04:52
Jeju Dream Tower casino sales down 7.4% in March

South Korea’s foreigner-only casinos showing renewed vigor as Jeju Dream Tower sets new monthly drop, visitor records

Thu 3 Jul 2025 at 05:41
South Korea’s Paradise reports record drop at Paradise City but low hold hits group’s bottom line

Korea’s Paradise Co keeps rising through 2025 as casino revenues exceed US$60 million in June

Wed 2 Jul 2025 at 19:19
South Korea drops quarantine requirement for unvaccinated arrivals

Tourism professor proposes establishment of regulatory body to better monitor South Koreans gambling abroad

Mon 16 Jun 2025 at 05:47
Load More
Tags: casino revenueJejuJeju Dream TowerLotte TourOctoberSouth Korea
Share4Share1
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 – An inconvenient truth

Editorial – An inconvenient truth

by Ben Blaschke
Fri 27 Jun 2025 at 15:21

It’s understandable that political observers, academics and members of the public in greenfield jurisdictions would express caution around the legalization...

Light & Wonder’s Siobhan Lane

Light & Wonder’s Siobhan Lane

by Ben Blaschke
Fri 27 Jun 2025 at 15:19

Siobhan Lane, Light & Wonder’s highly experienced CEO of Gaming, speaks to Inside Asian Gaming about the company’s ongoing transformation...

Honesty is the best policy

Honesty is the best policy

by Ben Blaschke
Fri 27 Jun 2025 at 14:13

The Thailand Entertainment Complex Roundtable brought industry stakeholders, politicians and supporters of the government’s Entertainment Complex Bill face to face...

Sri Lanka’s casino industry

Sri Lanka’s casino industry

by Shaun McCamley
Fri 27 Jun 2025 at 13:36

Industry veteran Shaun McCamley delves into the complex history of Sri Lanka’s casino industry at a time when the country...

Evolution Asia
Your browser does not support HTML5 video.
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
NWR
Jumbo
568Win

Related Posts

Melco targeting Indian market with Sri Lanka casino investment, flags annual GGR up to US$250 million

Sri Lankan think tank questions independence and integrity of proposed gaming regulator

by Newsdesk
Mon 14 Jul 2025 at 05:48

A Sri Lankan policy think tank has questioned the independence and integrity of the country’s proposed new regulatory body as the government rushes to put the agency in place ahead of next month’s launch of Melco Resorts & Entertainment’s City...

Manila to drop all capacity restrictions from 1 March

Newport, Okada, Solaire issue joint statement defending integrity of their online gaming operations

by Ben Blaschke
Mon 14 Jul 2025 at 05:16

Philippines integrated resorts Newport World Resorts (NWR), Okada Manila and Solaire Resort have issued a joint statement in defense of their domestic online gaming operations, arguing that they already operate under strict guidelines outlined by regulator PAGCOR and insisting that...

Renowned gaming lawyer Jamie Nettleton to represent IMGL on Judging Panel for inaugural RTG Global Awards

GLI to continue as Gala Dinner Sponsor for Regulating the Game 2026

by Newsdesk
Sun 13 Jul 2025 at 05:48

Leading gaming law and regulation conference Regulating the Game has announced that Gaming Laboratories International (GLI) will return as sponsor of the event’s Gala Dinner in 2026 conference, reaffirming its status as a foundation sponsor. Now in its sixth edition,...

A New Macau

Macau gaming tax hits US$5.6 billion through first six months of 2025

by Newsdesk
Sun 13 Jul 2025 at 05:27

According to data released by Macau’s Financial Services Bureau (DSF), the Macau government’s revenue from gaming taxes in the first six months of 2025 reached MOP$45.3 billion (US$5.60 billion), representing a 1.0% year-on-year increase. It also means gaming tax revenue...



IAG

© 2005-2024
Inside Asian Gaming.
All rights reserved.

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

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
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • English