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Grand Korea Leisure reports casino sales of US$31 million in August

by Newsdesk

Tue 3 Sep 2024 at 05:37

Grand Korea Leisure extends casino closures until 15 February

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Foreigner-only casino operator Grand Korea Leisure reported a 115% month-on-month increase in casino sales to KRW41.3 billion (US$30.9 million) in August, also 23.6% higher than the same month in 2023.

The strong result, comprising a 130% sequential increase in table revenue to KRW38.1 billion (US$28.5 million) and 19.4% increase in slots revenue to KRW3.18 billion (US$2.4 million), came off an 8.9% improvement in drop to KRW330.8 billion (US$247 million).

This brings casino sales for the first eight months of 2024 combined to KRW253.1 billion (US$189 million), down 7.1% on the same period last year but on the rise after a slow start to the year.

Table drop of KRW2.49 trillion (US$1.86 billion) through August is up 17.0% year-on-year.

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

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Tags: August casino Grand Korea Leisure revenue South Korea

Newsdesk

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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