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Grand Korea Leisure sees 4.6 percent rise in casino sales in December m-o-m

Korean foreigner-only casino operator Grand Korea Leisure saw a 4.6 percent rise in its casino sales in December of 2024, and a 10.7 percent yearly rise during the month.

According to the most recent data from the company, the December figure amounted to KRW38.7 billion ($26.35 million).

Table games continued to contribute the majority of casino revenue, at KRW35.63 billion ($24.26 million) – a monthly rise of some 5.6 percent and a yearly increase of 11.5 percent.

Meanwhile, machine gaming revenue declined slightly month-on-month, at KRW3.06 billion ($2.08 million). The figure, however, was a yearly rise of 2.7 percent.

Overall December’s casino drop was down both monthly and yearly, falling 5 percent and 24.8 percent, respectively – totaling KRW3366.6 billion ($249.55 million).

Regarding results for the whole of 2024, casino sales were down slightly, by 0.9 percent, to KRW393.61 billion ($267.94 million).

Table games were down by 0.4 percent yearly, to KRW358.73 billion ($244.19 million), while machine revenues fell by 6 percent, to KRW34.88 billion ($23.74 million).

Casino drop in the 12-month period totaled KRW3.64 trillion ($2.48 billion) – an increase of 7.5 percent yearly.

GKL operates its casinos under the Seven Luck brand, being a ‘quasi-market-based public corporation’, under the Korea Tourism Organization.

Kelsey Wilhelm
Kelsey Wilhelmhttps://agbrief.com
Kelsey Wilhelm is a broadcast, print journalist and editor based in Asia for over 15 years. Focused on content creation, management, cross-cultural exchange and interviews for multi-lingual productions. Writing focus on gaming, business, politics, culture and heritage, events and celebrities, subcultures, music, film, art and fashion. Some of Kelsey's specialties are: editing, writing, copy creation, multi-lingual content production, cross-cultural exchange, content creation and management for Asian markets.

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