Jeju Dream Tower operator Lotte Tour Development Co Ltd reported a 44.3% year-on-year increase in casino sales in February to KRW32.6 billion (US$22.0 million), driven by strong growth in its table games segment. However, casino sales were down 28.4% from their January peak of KRW45.6 billion (US$30.8 million).
According to information filed Tuesday, table games sales rose by 49.0% year-on-year in February to KRW30.9 billion (US$20.9 million) while machine sales fell by 6.9% to KRW1.77 billion (US$1.2 million). Hotel sales were up 43.3% year-on-year and 5.0% month-on-month to KRW6.46 billion (US$4.4 million).
In its filing, Lotte Tour revealed that visitation during February was 43,914 – down from 53,052 in January but up from 35,087 a year earlier.
Casino table drop was up by 7.7% year-on-year to KRW151.5 billion (US$102 million).
Jeju Dream Tower is the tallest building in Jeju at 38 floors or 169 meters high and features a retail mall, 14 restaurants and bars, an outdoor pool deck, top floor skydeck with lounge, two spas and a casino boasting 150 tables and 300 slot machines.
The casino was relocated from its former home at the smaller Lotte Hotel Jeju in June 2021 and covers more than 5,000 square meters, offering 141 gaming tables, 190 slot machines and 71 electronic table games.
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