Gambling in South Korea: Lotte Tour announces Jeju Dream Tower casino revenue in 2024

The venue reported casino sales of KRW294.65bn (US$200.7m) in 2024.

South Korea.- Lotte Tour Development, the operator of Jeju Dream Tower casino, has reported that casino revenues in 2024 rose 93.3 per cent year-on-year to KRW294.65bn (US$200.7m).

Casino drop, the amount paid by customers to buy chips for table games, was nearly KRW1.52tn, up 19.2 per cent year-on-year. Hotel revenue stood at KRW84.52bn (US$57.4m), down 7.8 per cent year-on-year.

December casino revenue declined 9.5 per cent month-on-month from KRW26.08bn (US$18.6m) to KRW23.6bn (US$16m). The figure was up 64.6 per cent year-on-year. Table-game sales amounted to KRW22.15bn (US$15.1m), down 10.9 per cent sequentially but up 66.3 per cent year-on-year. Machine-game sales rose 18.5 per cent month-on-month and 41.9 per cent year-on-year to KRW1.45bn (US$984,000).

The casino drop was KRW132.78bn (US$90.1m), down 1.8 per cent sequentially, but up 5.2 per cent year-on-year. Some 36,490 people visited the casino, down 1.9 per cent from the previous month but up 28.8 per cent year-on-year. The hold rate for the casino’s table games was 16.7 per cent, versus 18.4 per cent in November and 10.6 per cent compared to December 2023.

The venue reported casino sales of KRW294.65bn (US$200.7m) in 2024. South Korea.- Lotte Tour Development, the operator of Jeju Dream Tower casino, has reported that casino revenues in 2024 rose 93.3 per cent…