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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.

AGBrief Editorial
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The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.

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