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Grand Korea Leisure on the rise in July

Newsdesk by Newsdesk
Wed 2 Aug 2023 at 18:08
Grand Korea Leisure’s June casino sales down 68% on 2019 levels
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South Korean foreigner-only casino operator Grand Korea Leisure reported an 8.8% year-on-year and 5.3% month-on-month increase in casino revenue to KRW31.1 billion (US$24.0 million) in July as its recovery from the COVID-19 pandemic continues in earnest.

The July result included a 4.8% rise in table game revenues to KRW27.8 billion (US$21.4 million), while slot machine revenue grew by 10.3% to KRW3.33 billion (US$2.6 million). This was despite a slight 2.4% decline in table drop to KRW246.2 billion (US$190 million).

For January through July combined, GKL’s casino revenues have climbed by 93.9% year-on-year to KRW239.2 billion (US$184 million), with table drop over the same period up 120% to KRW1.84 trillion (US$1.42 billion).

GKL operates three casinos in Seoul and Busan under the Seven Luck brand.

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The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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