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Seoul Gangnam hits Grand Korea Leisure revenues

Korean Leisure Group’s revenues for the month of August dipped 20 percent on a month-on-month basis at KRW22.9 billion ($16.7 million), chiefly due to a significant revenue drop at the Seoul Gangnam property.

Seoul Gangnam reported net revenue of KRW9.3 billion ($6.5 million) dent of 46 percent on a month-to-month basis from KRW17.2 billion ($12.33 million) as reported by the company in the month of July 2022.

The Table drop amount for the month of August touched KRW195.4 billion ($141.5 million) mark which was 24 percent up on a monthly basis.

Considered on a year-on-year basis, revenues from Jan till Aug for 2022 zoomed 63 percent on a year-on-year basis at KRW146.25 billion ($106 million) as against KRW 89.58 billion ($65.28 million).

Whereas the Table Drop amount from Jan till August for 2022 grew 36 percent on a YoY basis at KRW1 Trillion ($746 million) against KRW753.94 billion ($540 million)

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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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