Jeju Dream Tower violated store size regulations

Lotte Tour Development has now acknowledged that some of its shopping facilities within Jeju Dream Tower are larger than regulations permit, but pledged to be more careful in the future.

롯데관광개발, “제주 드림타워 쇼핑몰 대규모 점포 인정·등록 절차 성실히 따르겠다” 해명 (NSP)

Related Articles

Pandemic clouds launch of Jeju Dream Tower Casino

Lotte Tour Development is celebrating what appears to be the initial success of its strategy in Jeju, but even with the local government checking off on the opening of the Jeju Dream Tower Casino, the Covid pandemic clouds its near-term prospects.

Jeju council moving forward with Dream Tower casino approval

The Standing Committee of the Jeju Provincial Council has unexpectedly approved Lotte Tour Development’s request for approval of the Jeju Dream Tower casino in spite of the ongoing police investigation of allegations that public opinion surveys may have been manipulated.
Jeju Dream Tower

Jeju Dream Tower casino approval no longer a sure thing

When the Jeju Dream Tower opened its doors to the public in December, the executives of Lotte Tour Development told the local press that they hoped to have all the necessary permissions to open the casino by March.

Opposition from civic groups could delay Jeju Dream Tower casino

Lotte Tour Development is eagerly awaiting official permission to open the Jeju Dream Tower casino, something which will likely boost revenues considerably. However, the licensing process has been proceeding more slowly than anticipated. Originally thought likely to open in March, rearguard opposition from some civic groups could delay the matter past the end of April.
Jeju Dream Tower

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.

Local group urges denial of Jeju Dream Tower casino license

A local group is urging the Jeju authorities to deny Lotte Tour Development a casino license for the Jeju Dream Tower casino.

Lotte submits application to relocate casino to Jeju Dream Tower

The local government has confirmed receipt on January 29 of Lotte Tour Development’s application to move its LT Casino to an expanded location within the new Jeju Dream Tower. The firm hopes that the foreigner-only casino can open in March.

Jeju Dream Tower casino licensing process to begin this month

Lotte Tour Development is reportedly planning to submit its application to license its casino within Jeju Dream Tower this month. The firm is aiming for a March opening.

Dream Tower Casino may have initial VIP focus

Lotte Tour Development is moving forward with plans to relocate its casino to the Jeju Dream Tower, aiming to begin operations by the end of March. Initially, there will be a focus on local VIPs for the foreigner-only casino.