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HomeNewsSouth KoreaGrand Korea Leisure sees 11.3% drop in casino sales in January m-o-m

Grand Korea Leisure sees 11.3% drop in casino sales in January m-o-m

Korean foreigner-only casino operator Grand Korea Leisure saw a 11.3 percent fall in its casino sales in January, and a 75.3 percent yearly rise during the month.

According to the most recent data from the company, the January figure amounted to KRW34.34 billion ($23.66 million).

Table games continued to contribute the majority of casino revenue, at KRW31.41 billion ($21.64 million) – a monthly fall of some 11.9 percent but a yearly increase of 90.3 percent.

Meanwhile, machine gaming revenue declined slightly month-on-month, at KRW2.93 billion ($2.02 million). The figure was a yearly fall of 5.1 percent.

Overall January’s casino drop was down both monthly and yearly, falling 3.2 percent and 12.1 percent, respectively – totaling KRW266.7 billion ($183.7 million).

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

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