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HomeNewsSouth KoreaGrand Korea Leisure sees 5.5% drop in casino sales in February m-o-m

Grand Korea Leisure sees 5.5% drop in casino sales in February m-o-m

Korean foreigner-only casino operator Grand Korea Leisure saw a 5.5 percent monthly fall in its casino sales in February, and a 3.6 percent yearly drop.

According to the most recent data from the company, the February figure amounted to KRW32.45 billion ($22.39 million).

Table games continued to contribute the majority of casino revenue, at KRW29.99 billion ($20.63 million) – a monthly fall of some 4.5 percent and a yearly decrease of 3.8 percent.

Meanwhile, machine gaming revenue declined significantly month-on-month, at KRW2.46 billion ($1.79 million). The figure was a yearly fall of 1.4 percent.

Overall, February’s casino drop was down both monthly and yearly, falling 2.1 percent and 10.4 percent, respectively – totaling KRW261.2 billion ($180.26 million).

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 print and broadcast journalist and editor. Based in Asia for over 20 years, he saw the birth of Macau's rampantly successful gaming industry, propelling him into the world of casinos. Now focusing on all markets throughout Asia, he embraces new technologies and trends, from sports betting to online gaming – always seeking the new frontier.

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