GKL has reported that net casino sales from its three venues rocketed 612.3 per cent when compared to last year.
South Korea.- The South Korean operator of foreigner-only casinos Grand Korea Leisure (GKL) has recorded KRW46.30bn in net casino sales for Q1. The figure is up 612.3 per cent when compared to the prior-year period.
The company reported a first-quarter net loss of KRW10.80bn (US$8.5m) and an operating loss of KRW42.29bn.
Grand Korea Leisure attributed the results to its improved VIP gaming performance and an easing in Covid-19 countermeasures. In March, the casino operator had reported one of its best months for sales since the Covid-19 pandemic began with sales of KRW29.72bn (US$24.4m).