{"id":142,"date":"2019-10-10T18:18:49","date_gmt":"2019-10-10T18:18:49","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=142"},"modified":"2026-04-24T10:28:07","modified_gmt":"2026-04-24T13:28:07","slug":"koreas-gkl-casino-sales","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/koreas-gkl-casino-sales","title":{"rendered":"S. Korea\u2019s GKL Casino sales decline in September"},"content":{"rendered":"\n

GKL Casino sales decline 6% in September.<\/p>\n\n\n\n\n\n\n\n

South Korea.- Gaming operator Grand Korea Leisure Co Ltd (GKL) announced a year-on-year fall in casino sales for September. The company reported a decrease of 5.7% in casino sales comparing to the same month last year – \u20ac 30,44 million. <\/p>\n\n\n\n

Analysing month-on-month, it is fair to say, September casino sales declined by 24.5% in relation to August.<\/p>\n\n\n\n

The reason for this accentuated difference may lay behind the 7.3% decrease in table game sales during the month of September. However, machine game sales recorded an increase of 6.7% year on year, to approximately \u20ac 4 million, the firm said.<\/p>\n\n\n\n

The company is a subsidiary of the Korea Tourism Organization, which is affiliated with South Korea\u2019s Ministry of Culture, Sports and Tourism. The casino operating entity runs three foreigner-only casinos in South Korea under the Seven Luck brand: two in the capital Seoul and one in the southern port city of Busan.<\/p>\n\n\n\n

In addition, GKL said casino sales fell 2,3% year-in-year<\/strong><\/em><\/a> during the first nine months of 2019 – \u20ac 274 million. Table game sales for the period were down 3.3% to about \u20ac 239,5 million, while machine game sales increased by 5.2% to \u20ac 34 million.<\/p>\n","protected":false},"excerpt":{"rendered":"

GKL Casino sales decline 6% in September.<\/p>\n","protected":false},"author":133,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Grand Korea Leisure (GKL) reported a 5.7% year-on-year decline in casino sales for September, totaling \u20ac30.44 million, with a more significant 24.5% month-on-month drop from August. This downturn was primarily driven by a 7.3% decrease in table game sales, although machine game sales saw a 6.7% increase year-on-year. For the first nine months of 2019, GKL's overall casino sales fell 2.3% year-on-year.","focusai_entities":"Grand Korea Leisure Co Ltd, GKL, Korea Tourism Organization, Ministry of Culture, Sports and Tourism, Seven Luck","focusai_location":"South Korea, Seoul, Busan","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.9), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GGR Decline Factors?","query":"What specific market or operational factors contributed to the significant month-on-month decline in September's GGR, particularly for table games, and how does this align with broader regional trends?"},{"label":"Competitive Landscape Impact?","query":"How does GKL's current GGR performance compare to other foreigner-only casino operators in South Korea, and what are the implications for market share and competitive positioning?"}],"footnotes":""},"categories":[160,16338,163],"tags":[29,492,152],"class_list":["post-142","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-east-asia-news","category-finance-news","tag-casino","tag-gkl","tag-south-korea"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/142","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\/133"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=142"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/142\/revisions"}],"predecessor-version":[{"id":20010,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/142\/revisions\/20010"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}