작성일 : 23-10-23 12:56
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It is one of the most popular games in the casino
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글쓴이 :
JamesDean
 조회 : 479
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A month after China allowed overseas group tours, casinoism is mixed. Shares of Lotte Tourism
Development and Paradise, which have casinos exclusively for foreigners, have drawn an upward
curve on expectations of an influx of foreign tourists, while those of Kangwon Land,
which is exclusively for Koreans, are sluggish.
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According to the Korea Exchange on the 4th, Lotte Tourism Development's stock price has risen 55.44
percent over the past month. The stock price, which was 10,100 won on the 4th of last month, is now
15,700 won. It ranks 10th in the overall KOSPI during the same period. On the 31st of last month,
it rose to 17,680 won during the day, setting a new 52-week record. Paradise
also rose 17.96% during the same period.
This is due to growing expectations for the influx of foreign tourists after China
allowed group tourists. The performance of the third and fourth quarters is also rosy.
According to financial information company FnGuide, Lotte Tourism Development's
sales and operating profit in the third and fourth quarters are expected to turn into a surplus
of 119.3 billion won and 15.9 billion won. Paradise's operating profit is expected to remain
in the black at 47.6 billion won.
In contrast, Kangwon Land's stock price fell 0.82% over the month. If the period is increased to three months,
six months, and one year, the stock price decline will increase to 14.02%, 22.87%, and 40.87%.
This is because the number of casino visitors has not recovered from before COVID-19.
Analysts say that the performance is continuing to be sluggish, with drops
(game chip exchange amount) falling. It was also excluded from China-related
beneficiary stocks because its business was limited to Koreans. Kangwon Land's sales and operating
profit in the third and fourth quarters are expected to fall 2.23% and 13.24% year-on-year to 388.7
billion won and 103 billion won, respectively.
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