Casino sales at Jeju Dream Tower Resort reached 23.85 billion won in January, Lotte Tourism Development said in a Friday filing with the Korea Exchange. The January tally was up 267.3 percent year-on-year and 66.3 percent sequentially. In December, casino sales fell sequentially in Jeju, a semi-autonomous province with a large number of foreigner-only casinos….
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S.Korea casino op Lotte tour cuts annual loss to $153 million
Lotte Tourism Development Co., the operator of Jeju’s Dream Tower Casino Resort (pictured) located on Jeju Island, posted an annual net loss of 203.55 billion won ($152.7 million) in 2023, according to a Thursday filing with the Korea Exchange. This represents a 9.4% year-on-year increase from a net loss of 224.71 billion won in 2022….
Macau to boost total gaming sales in slumping Sept
Nearly 40 casinos in Macau reported a disappointing September, with total gaming revenue down 49.6% year-over-year to just over $366.33 million. The 30-day figure represented a 35.3% sequential rise, compared with August’s tally of about $270.73 million, according to a Saturday report by Inside Asian Gaming, which cited official information from Enclave’s Gaming Inspection and…
Huh Woong and Huh Hoon laughed at the first sibling match in the professional basketball championship match
“My father is the happiest.” Heo Woong (31, KCC) and Heo Hoon (29, KT) brothers, who faced each other in the last place of spring basketball, did not hide their smiles. The two sons of former national basketball coach Huh Jae (58), the “basketball president,” will have the first sibling match in the professional basketball…
The coffee truck that made director Jeon Chang-jin feel emotional
The front yard of the clubhouse in Mabuk-ri, Yongin-si, Busan, of the professional basketball team KCC is a “hot place” famous in the basketball world. The “coffee tea procession” accelerated as coach Lee Sang-min, the original popular man, joined the team following Heo Woong, the most popular man in basketball. Recently, an unusual coffee car…
Summit Ascension Increases First-Half Revenue 37 Pct, Returns Profit
Summit Ascent Holdings, a Hong Kong-listed investor at the Tigre de Crystal Casino Resort (file photo) near the Russian Pacific port of Vladivostok, said it expects revenue to rise about 37% in the first half of 2022 from a year earlier. It added that it would help it return to profit, compared with a loss…
Guangzhou R&F Group secures cash by selling Beijing hotel
Guangzhou R&F Properties Co Ltd. said in a filing this week that it sold its Beijing hotel in the Chinese capital for 550 million yuan (US$79 million). The Chinese developer is the parent of R&F Korea (RFKR), which promised to open a foreigner-only casino and integrated resort in Incheon, Korea. Information on the Beijing property…
KIA and NC Are Fun KBO’s Best Talented Players
Currently, Kim Do-young (21, KIA Tigers) is the best young fielder with the highest potential and shilling ability in the KBO League. There is no player in the league who is fast-footed and has good contact skills but has good slugging power. Coach Lee Bum-ho aims for Kim Do-young, who is a clutch heater third…
Hwang Sun-hong wins Korea-Japan match, improves performance
Hwang Sun-hong, who is aiming to advance to the Olympic finals for the 10th time in a row, is making a successful comeback with two consecutive wins. With the team successfully advancing to the quarterfinals, the final ranking for the group stage will be determined through the “Korea-Japan match.” Of course, winning against Japan is…
Niagara Falls Mayor Not a Fan of New Toronto Casino
Last week, Ontario announced that it will be launching a CA$1 billion gaming property in Toronto, however, Niagara Falls’ Mayor Jim Diodati is getting worried. In a recent interview, the mayor said that the introduction of the new casino could lead to cannibalization of the industry in the province, and have a negative impact on…