Saturday 13 December 2025

IAG

No Result

View All Result

No Result

View All Result

IAG

No Result

View All Result

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

5

SHARES

136

VIEWS

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.

RelatedPosts

Hann Casino Resort to officially open major expansion this Friday

Thu 11 Dec 2025 at 04:32

Travellers Group set to take majority equity position in development of Manila’s LETX hotel and casino to pave completion roadmap, planned to become operator upon launch

Suntrust reports US$463 million loss through September on transfer of LET X assets, equipment to Newport operator Travellers

Wed 10 Dec 2025 at 05:39

After expanding locals gaming program, Vietnam’s Ministry of Finance looks to simplify financial capacity requirement

Tue 9 Dec 2025 at 12:49

Ainsworth shareholder Kjerulf Ainsworth questions valuation of company property under Novomatic takeover deal

Ainsworth expecting to report reduced revenue, profit in 2H25 on slower North American sales

Tue 9 Dec 2025 at 06:29

Load More

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.

Current Issue

Editorial – Cause and effect

Editorial – Cause and effect

by Ben Blaschke

Fri 28 Nov 2025 at 00:40

Since news broke recently of a sports betting scandal involving certain NBA players and coaching staff sharing inside information with...

Lap of luxury

Lap of luxury

by Ben Blaschke

Fri 28 Nov 2025 at 00:23

Set to open its first phase in February, the eco-luxury golf and lifestyle estate Hann Reserve not only promises to...

Staying connected

Staying connected

by Ben Blaschke

Fri 28 Nov 2025 at 00:09

With a senate hearing into the Philippines’ booming eGames, or domestic online gaming, industry already proving successful in having stricter...

Party at the Palace

Party at the Palace

by Ben Blaschke

Thu 27 Nov 2025 at 18:47

A who’s who of the Asian gaming industry gathered at SJM’s Grand Lisboa Palace Resort Macau on 7 November as...

Evolution Asia

Aristocrat banner

GLI

Mindslot

Solaire

Tecnet

NWR

Related Posts

Macau GGR hits new post-pandemic high of MOP$20.8 billion in October

Macau gaming-related crime up 70% in first three quarters of 2025, partly due to statistical method change

Fri 12 Dec 2025 at 19:13

The number of gaming-related crimes that took place in Macau in the first three months of 2025 reached 1,737, representing an increase of 716 cases or 70.1% compared to the same period last year according to information from the Secretary...

Genting Singapore significantly increases investment in Resorts World Sentosa expansion to US$5 billion

Morgan Stanley: Debt financing on the cards for Genting Singapore with SG$5 billion still to spend on RWS 2.0 expansion

by Ben Blaschke

Fri 12 Dec 2025 at 13:43

Resorts World Sentosa parent Genting Singapore could look to debt financing to fund the remainder of its SG$6.8 billion (US$5.3 billion) RWS 2.0 expansion project, according to Morgan Stanley analysts. In a recent note following a meeting with the property’s...

India’s Supreme Court to hear petitions challenging recent online gaming ban on 4 November

India’s Supreme Court defers until late January any ruling on legality of real-money gaming ban

Fri 12 Dec 2025 at 05:29

India’s online gaming industry remains in limbo after the Supreme Court on Thursday deferred any decision on the matter until late January, arguing that various challenges to the controversial Promotion and Regulation of Online Gaming Act require the input of...

Dr Wilfred Wong

Citi: Macau EBITDA to grow 10% in 2026 on “illustrious” concert schedule, new suite supply and latest baccarat side bets

by Ben Blaschke

Fri 12 Dec 2025 at 04:40

Banking giant Citigroup is forecasting Macau’s gross gaming revenues to rise 6% and EBITDA by 10% year-on-year in 2026, driven by big name concerts, the addition of luxurious hotel suite supply and the addition of new baccarat side bets. This...

No Result

View All Result

© 2005-2025
Inside Asian Gaming.
All rights reserved.