Jeju Dream Tower September Casino Sales 20 pctm-o-m

Casino sales at Jeju Dream Tower Casino Resort in Jeju Island fell 20.0 percent month-on-month to about 14.33 billion won in September, and August sales fell 10.9 percent from July, according to data submitted Tuesday to the Korea Exchange.

However, in September, sales of the game business increased 336.1% compared to the same period last year. Casino sales were calculated by deducting rebates and fees.

Table game sales in September reached nearly 13.15 billion won, down 17.4% from August, but up 358.3% from a year ago, a period when island tourism was still affected by the COVID-19 pandemic.

Machine game sales fell 40.8% sequentially to about 1.19 billion won last month, but increased 183.8% from a year ago.

“Drop,” the amount customers pay when purchasing chips for table games, a casino table, in September, was about 103.76 billion won, up 67.7 percent from a year ago, but decreased 21.8 percent sequentially.

Jeju Dream Tower recorded a total of 28,165 casino visitors in September, down only 1.9 percent from August.

According to financial data released on the resort operator Lotte Tour Development Co., Ltd.’s website, the hotel’s August casinos, which had 28,718 visitors, broke a monthly record since opening in June 2021.

Hotel sales fell 24.9 percent sequentially to about 7.91 billion won in September, data showed Tuesday, and also fell 7.5 percent year-on-year.

The company had no comment on the reason for the change.

In the first nine months of this year, casino sales rose 186.5% year-on-year to close to 100.36 billion won.

Table game sales rose 187.0% year-on-year to 90.22 billion won by September 30, while machine game sales rose 182.7% to close to 10.14 billion won.

In the first nine months of this year, the cumulative decrease in casino tables was KRW 888.16 billion, an increase of 180.0% compared to the same period.


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