HomeNewsSouth KoreaJeju Dream Tower July casino revenue doubled from June, topping 15.5 million

Jeju Dream Tower July casino revenue doubled from June, topping 15.5 million

August 3, 2023

Casino revenue at the Jeju Dream Tower resort in South Korea rose by some 95 percent monthly in July, totaling KRW20.12 billion ($15.5 million), according to the resort’s operator Lotte Tour Development Co.

In a filing with the Korean Stock Exchange, Lotte noted that the figure was also a fivefold yearly increase.

Machine sales rose 336 percent yearly but rose 188 percent monthly, to KRW2.6 billion ($2 million) ($560,000), while table games brought in KRW 17.53 billion ($13.5 million), up 557 percent yearly and some 86 percent compared to the previous month.

During the first seven months of the year, cumulative casino revenue totaled KRW68.15 billion ($52 million), up 145 percent from the prior-year period.

During the first seven months of the year, hotel sales totaled KRW50.80 billion ($ 39 million), down some 27 percent yearly.

Viviana Chan https://agbrief.com/

Viviana Chan is an editor, interpreter, and journalist. With over a decade of experience, she writes in English, Chinese, and Portuguese. Viviana started her career in Macau-based newspapers, where she became passionate about the region's social, financial, and cultural development. Her writing focuses on the economy, emerging industries, gaming development, political affairs, and cross cultural-exchange in the business and cultural domains. She is avid for news and eager to discover and cover stories that generate public relevance.