A recent run of upwards momentum came to an end for foreigner-only casino operator Grand Korea Leisure (GKL) in August, with casino revenue falling 15.0% year-on-year and 10.0% month-on-month to KRW35.1 billion (US$25.2 million).
The August result included an 11.8% month-on-month decline in table games revenue to KRW31.2 billion (US$22.4 million) although machine revenue grew by 7.0% to KRW3.90 billion (US$2.8 million).
This came on the back of a 3.7% year-on-year and 6.1% month-on-month decrease in drop amount to KRW318.6 billion (US$229 million).
Casino revenue for the first eight months of 2025 combined sits at KRW283.9 billion (US$204 million), up 12.2% on the same period last year, albeit with drop down 3.7% to KRW2.40 trillion (US$1.73 billion).
GKL operates three casinos in South Korea in Seoul and Busan under the Seven Luck brand.
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