Lotte Tour casino sales at nearly US$20mln in May

Jun 04, 2024 Newsdesk Latest News, Rest of Asia, Top of the deck  

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Lotte Tour Development Co Ltd, the promoter of the Jeju Dream Tower casino resort (pictured) on South Korea’s Jeju Island, reported casino sales of just under KRW27.11 billion (US$19.7 million) for May, up 32.9 percent sequentially. Judged year-on-year, such sales rose by 137.4 percent, according to a Monday filing.

Jeju Dream Tower’s May hotel sales were KRW7.74 billion, up 3.3 percent from April, and flat from a year earlier.

The firm’s table game sales in May stood at KRW24.54 billion, a 25.7-percent increase sequentially, and up 129.6 percent annually.

Machine-games revenue was KRW2.56 billion, up 193.9 percent from April, and 250.0-percent highger from a year ago.

Accumulated casino sales for the first five months of 2025 were nearly KRW117.51 billion, up 211.4 percent year-on-year.

Lotte Tour confirmed to GGRAsia in April that the company had opened a marketing office in Osaka, Japan, traditionally an important target market for South Korean gaming firms.

The company also had plans to open a Tokyo liaison office, coinciding with the launch of a direct flight between Jeju and Tokyo, according to a spokesperson.

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