(Photo = Yonhap news)

 

[Alpha Biz=(Chicago) Reporter Paul Lee] SK Securities analyzed on the 13th that Lotte Tour Development's casino sales will rebound this year. Investment opinion 'buy' and target stock price remained at 25,000 won.

"Lotte Tour Development's casino sales reached the highest monthly sales ever, reaching 23.9 billion won last month," SK Securities said. "The average monthly casino sales will reach about 30 billion won this year."

"Since the COVID-19 pandemic, the number of foreigners entering Jeju Island has been steadily increasing and global LCC (low-cost airline)-oriented air routes are increasing rapidly," SK Securities said. "The casino drop amount (the amount that customers have changed into chips) is also increasing, which means that customers are steadily coming in."

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