Korean foreigner-only casino operator Grand Korea Leisure saw a 48.1 percent drop in its casino sales compared to the year prior, totaling KRW19.22 billion ($14.07 million).
According to the most recent data from the company, the figure was also a 38.2 percent yearly fall.
Table games continued to contribute the majority of casino revenue, at KRW16.56 billion ($12.12 million) – a monthly drop of some 51.6 percent and a yearly fall of 40.4 percent.
Meanwhile, gaming machine revenue saw a smaller fall, of 4.3 percent monthly and 20 percent yearly, to KRW2.66 billion ($1.95 million).
Overall July’s casino drop was actually up both monthly and yearly, by 2.6 percent and 23.4 percent, respectively – totaling KRW303.87 billion ($222.3 million).
For the first seven months of the year, casino sales overall were down just 11.4 percent, to KRW211.79 billion ($154.96 million).
Table games were down by 11.8 percent yearly, to KRW191.85 billion ($140.37 million), while machine revenues fell 7.6 percent, to KRW19.94 billion ($14.59 million).
Casino drop in the seven-month period totaled KRW2.16 trillion ($1.58 billion) – an increase of 17.7 percent yearly.
GKL operates its casinos under the Seven Luck brand, being a ‘quasi-market-based public corporation’, under the Korea Tourism Organization.
