Friday, March 29, 2024

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Lotte Tour net losses narrow to $153M despite sharp sales growth in 2023

Lotte Tour Development Co. Ltd, the backer of the Jeju Dream Tower casino resort on South Korea’s Jeju island, reported a net loss of KRW203.5 billion ($153 million) for the full year 2023, representing a 9.4 percent improvement from 2022.

Lotte Tour hiring another 200 staff as business picks up

urism Development, operator of the Jeju Dream Tower, is looking to add another 200 staff to its roster, including hotels, casinos, fashion malls and other support functions. 

Lotte Tour turnaround on the cards: SK Securities

Lotte Tour Development has the potential to see a turnaround in its performance this year, according to SK Securities analyst Seung-Doo Na.

Lotte Tour Development 2020 losses reach US$70.1 million

Lotte Tour Development, operator of the newly opened Jeju Dream Tower, has reported net operating loss of KRW78.8 billion (US$70.1 million) for the full year 2020, representing a sharp deterioration in financial performance.

Local group accuses Lotte Tour of manipulating Jeju opinion poll

A local group opposing the opening of the Jeju Dream Tower casino opened a new front in its attacks on Lotte Tour Development by accusing it of manipulating opinion polls that showed a favorable public response to the project.

Lotte Tour Development bets on its dream tower

At the end of this week, Lotte Tour Development will hold the grand opening for the Jeju Dream Tower, an ambitious project, forty years in the making, upon which the firm is expected to either rise or fall.

China Ecotourism wins sports lottery terminal supply tender for Inner Mongolia

China Ecotourism Group, formerly known as China LotSynergy, has announced that its subsidiary has won the bid for the “Sports Lottery Computer-Generated Ticket Game Terminal Procurement” Project of Inner Mongolia Autonomous Region Sports Lottery Issuance Center.

China Ecotourism won sports lottery terminal supply tender for one more Chinese province

China Ecotourism Group, formerly known as China LotSynergy has announced that its subsidiary has won the lottery terminals procurement tenders to supply lottery terminals to Sports Lottery Administration Centers in Guizhou Province.

Your Daily Asia Gaming eBrief: India losing millions in tax to offshore lotteries

An alarming increase in offshore lotteries is a major concern for many Indian states.

Thailand’s new digital lottery app gains in popularity

Thailand’s new digital lottery app is gaining in popularity with the 5.1 million July tickets selling out in just two days, local media reports.