Lotte Tour Growth’s Jeju Dream Tower has posted a outstanding surge in its on line casino efficiency for January 2025, marking a major leap in each month-to-month and year-on-year income figures. The built-in resort, positioned on the scenic Jeju Island in South Korea, generated KRW 29.4 billion (roughly USD 20.1 million) in on line casino income, reflecting a 23.2% enhance in comparison with the identical month final 12 months and a strong 24.8% rise over December 2024’s efficiency.
On line casino income breakdown: sturdy progress in desk video games:
Based on Inside Asian Gaming, the majority of this progress stemmed from desk video games, which earned KRW 28.1 billion (USD 19.2 million), a notable 27.2% enhance from the earlier month. This highlights the on line casino’s rising attraction to gamers, with desk video games persevering with to be the primary income driver. In distinction, the machine gaming phase noticed a slight downturn, producing KRW 1.28 billion (USD 876,325), down 11.5% from December. Regardless of this, machine gaming income was nonetheless up by 13% in comparison with the earlier 12 months,
The January on line casino income follows a stellar efficiency in 2024, the place Jeju Dream Tower skilled a 93.3% year-on-year enhance, bringing its whole on line casino income for the 12 months to KRW 276.5 billion (USD 188 million). Whereas on line casino income reached new heights, the lodge division confronted some challenges. Resort income in January grew barely by 7.5% in comparison with the earlier 12 months, reaching KRW 5.53 billion (USD 3.79 million). Nonetheless, it noticed a modest 0.4% enhance over December’s income.
This constructive pattern in on line casino income indicators that the resort’s restoration from the influence of the COVID-19 pandemic stays sturdy. Jeju Dream Tower, which formally opened in 2021, has undergone important enlargement since its on line casino operations have been relocated from the smaller Lotte Resort Jeju. The resort’s on line casino now spans greater than 5,000 sq. meters and boasts a big selection of gaming choices, together with 141 gaming tables, 190 slot machines, and 71 digital desk video games.
January’s efficiency and lodge challenges:
Whereas on line casino revenues noticed spectacular progress, Jeju Dream Tower’s lodge division confronted some headwinds. Resort income for the month was KRW 5.53 billion, representing a 7.5% year-on-year enhance. Nonetheless, it was solely a modest 0.4% achieve over the earlier month, indicating that the lodge sector’s restoration continues to be gradual. In 2024, the lodge phase reported a drop of seven.8%, producing KRW 84.5 billion (USD 57.4 million) as in comparison with the prior 12 months.
Regardless of challenges in lodge income, the on line casino operations proceed to be the standout performer. The continuing success on this phase is important for Lotte Tour’s general enterprise, particularly given the combination of each gaming and hospitality choices throughout the Jeju Dream Tower complicated. Along with its intensive gaming choices, the tower options a wide range of high-end facilities, akin to 14 eating places and bars, an out of doors pool deck, and a sky deck with a lounge providing panoramic views of Jeju Island.
