Lotte Tour Development Co. Ltd, the backer of the Jeju Dream Tower casino resort on South Korea’s Jeju island, has indicated that the property’s foreigner-only casino saw a record number of visitors in July 2024.
Overall, the property’s casino welcomed 34,274 visitors in July 2024, setting a new record for monthly visitor numbers, but that has not translated into record casino revenues.
For July 2024, total casino drop reached KRW143.52 billion ($105.03 million), with table games contributing KRW124.39 billion ($91.01 million) and machine games adding KRW19.13 billion ($13.99 million).
The hold percentage for table games was 16.8 percent, while machine games held steady at 10.3 percent.
Net revenues from table games amounted to KRW20.87 billion ($15.27 million), while machine games generated KRW1.97 billion ($1.44 million). The total net revenues for July 2024 were KRW22.84 billion ($16.72 million).
In the first half of this year, the Jeju Dream Tower casino reported its highest net gaming revenue in May, when some KRW27.1 billion ($19.8 million) were tallied.