Casino sales at Jeju's Dream Tower resort in South Korea reached 22.18 billion won ($16.37 million) in March, falling 7.4 percent sequentially, Lotte Tourism Development Co. said in a filing with the Korea Exchange on Tuesday.
The March tally was up 262.7% year-over-year.
Lotte Tour's casino sales improved 327.9% to nearly 7 billion won in the first quarter of 2024, while table game sales at foreign-only casinos rose 358.7% year-on-year to 66.41 billion won.
Jeju Dream Tower is located on Jeju Island, a semi-autonomous island with many foreigner-only casino properties.
Lotte Tourism pointed out that casino sales are calculated in the order of fees paid to dealerships, which is slightly different from the industry sales data compiled by the Korea Casino Association.
Table game sales fell 8.3% sequentially in March, just short of 20.89 billion won, and were up 285.9% year-over-year.
Last month's tally of machine game sales was nearly 1.29 billion won, up 10.3 percent from February. The result was an 83.7 percent increase from the previous year.
Hotel sales fell 10.2 percent in a row to 550 million won in March. Compared to the same period last year, sales fell 4.1 percent.
Hotel sales in the first quarter were 16.77 billion won, down 5.2% from January to March 2023.
Lotte Tour's casino table drop in March was paid for by customers to purchase chips for table gaming, up 15.6 percent from February to 121.94 billion won. Casino table drops in the first quarter were 348.21 billion won, up 68.1 percent year-on-year.
Lotte Tour announced in January that it recorded a net loss of 203.55 billion won for the full year 2023, up 9.4% from the same period last year.
Lotte Tour's full-year 2023 sales rose 70.7% to 313.55 billion won and casino sales rose 248.7% year-on-year to 152.33 billion won.
BY: 릴게임