The South Korea foreigner-only casino operator saw a monthly increase in sales in October.<\/p>\n\n\n\n\n\n\n\n
South Korea.- Grand Korea Leisure, which operates foreigner-only casinos, has seen an 18 per cent increase in sales month-on-month for October.<\/p>\n\n\n\n
October sales reached KRW11.11bn (US$9.8m), up from KRW9.41bn in September.<\/p>\n\n\n\n
The numbers remained down by 69.5 per cent year-on-year, from KRW36.45bn in October 2019.<\/p>\n\n\n\n
Accumulated sales for the first 10 months of 2020 were KRW180.54bn, down 54.5 per cent on the KRW396.58bn achieved in the same period last year.<\/p>\n\n\n\n
Grand Korea Leisure runs three foreigner-only casinos in South Korea under the Seven Luck brand: two in the capital Seoul and one in Busan.<\/p>\n","protected":false},"excerpt":{"rendered":"
The South Korea foreigner-only casino operator saw a monthly increase in sales in October.<\/p>\n","protected":false},"author":2,"featured_media":11530,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Grand Korea Leisure (GKL), a prominent South Korean foreigner-only casino operator, reported an 18% month-on-month sales increase in October 2020, reaching KRW11.11bn (US$9.8m). This sequential growth, however, contrasts sharply with a 69.5% year-on-year decline and a 54.5% year-to-date reduction, underscoring the severe impact of global travel restrictions on its gaming verticals.","focusai_entities":"Grand Korea Leisure, Seven Luck","focusai_location":"South Korea, Seoul, Busan","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GKL Q4 Outlook","query":"What are the projected Q4 2020 GGR and NGR forecasts for Grand Korea Leisure, considering the persistent international travel restrictions and their impact on foreigner-only casino visitation?"},{"label":"Market Recovery Strategy","query":"How are foreigner-only casino operators like GKL adapting their operational and marketing strategies to mitigate the ongoing revenue decline and prepare for a post-pandemic recovery in international tourism?"}],"footnotes":""},"categories":[160,163,16333],"tags":[17025,152],"class_list":["post-11528","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-finance-news","category-south-east-asia-news","tag-grand-korea-leisure","tag-south-korea"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/11528","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=11528"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/11528\/revisions"}],"predecessor-version":[{"id":11544,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/11528\/revisions\/11544"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/11530"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=11528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=11528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=11528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}