Wednesday, June 19, 2024

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GKL sees almost 500% jump in net income in 1Q24

South Korean foreigner-only gaming operator Grand Korea Leisure Co Ltd (GKL) experienced an almost 500 percent quarterly rise in net income for the first quarter of this year as the number of Japan and China VIP punters increased.

Casino sales in Korea’s GKL and Lotte Tour drop 19.7% in April 

South Korean foreigner-only gaming operators Grand Korea Leisure Co Ltd (GKL) and Lotte Tour Development experienced a month-on-month sales decrease in April.

GKL with casino sales uptick in March

Grand Korea Leisure (GKL) has unveiled its financial performance for March, showcasing robust growth in casino sales amid dynamic market conditions.

Paradise Co. gaming revenue rose sharply, GKL sales down in February

Foreigner-only casinos Paradise Co. and Grand Korea Leisure (GKL) both updated their February gaming revenues. 

GKL sees casino net sales up 50% in 2023, visitor volume doubles

Casino net sales at Grand Korea Leisure Co Ltd (GKL), an operator of foreigner-only casinos in South Korea, rose by 49.8 percent year-on-year in 2023, reaching KRW397.4 billion ($298 million).

South Korea’s GKL sees double-digit revenue drops in October

Foreigner-only South Korean gaming operators Grand Korea Leisure (GKL) saw double-digit drops in revenue in October, with the most recent results indicating KRW28.64 billion ($21.49 million) in casino sales during the period, down 14 percent monthly and 17.7 percent yearly.

South Korea’s Paradise Co and GKL gaming revenue down m-o-m in September

South Korean gaming operators Paradise Co and Grand Korea Leisure (GKL) reported a slight decline in net revenues on a month-on-month basis in September.

Paradise and GKL see strong casino revenue gains in August

Foreigner-only casinos Grand Korea Leisure and Paradise Co. both saw strong yearly gains in casino revenue during August, according to their most recent data.

South Korea’s Paradise Co and GKL post strong monthly growth in revenue

South Korean gaming operators Paradises Co and Grand Korea Leisure (GKL) reported solid gaming revenue in June. Both companies recorded a double-digit monthly growth from May to June.

South Korea sees strong uptick in 2022 results, with Paradise and GKL reporting revenue increases driven by mass

Foreigner-only casinos in South Korea – Paradise and Grand Korea Leisure – reported strong gains in December, boosting their full year revenue for 2022.