Grand Korea Leisure (GKL) has reported KRW10.18bn (US$9.2m) in sales for May.<\/p>\n\n\n\n\n\n\n\n
South Korea.- The South Korean operator of foreigner-only casinos Grand Korea Leisure (GKL)<\/strong> has reported that casino sales grew by 15.3 per cent <\/strong>month-on-month in May to KRW10.18bn (US$9.2m).<\/p>\n\n\n\n When compared to the previous year, GKL casino sales were down by 1.7 per cent<\/strong>.<\/p>\n\n\n\n As for table games,\u00a0GKL reported sales of nearly KRW8.27bn<\/strong>, up 13.7 per cent when compared with the previous month. It was also up 2.4 per cent year-on-year.<\/p>\n\n\n\n Machine game sales grew 22.4 per cent<\/strong>\u00a0from KRW1.56bn to KRW1.91bn. However, when compared to the previous year, machine game sales were down 16.3 per cent.<\/p>\n\n\n\n In April,\u00a0Grand Korea Leisure<\/a>\u00a0had reported sales of KRW8.83bn (US$7.9m).<\/p>\n\n\n\n Grand Korea Leisure reported\u00a0that casino sales for the first five months of the year 2021 were KRW25.47bn<\/strong>, down 78.9 per cent when compared to the first five months of the year 2020, when sales were nearly RW120.59bn.\u00a0<\/p>\n\n\n\n Table games aggregate sales <\/strong>from January to May were down 80.6 per cent year-on-year to KRW20.93bn.<\/p>\n\n\n\n As for machine games<\/strong>, GKL reported sales of KRW4.54bn,\u00a0down 64.8 per cent<\/strong>\u00a0when compared to the previous year.\u00a0<\/p>\n\n\n\n GKL\u00a0reported\u00a0a net loss for the first quarter of KRW37.43bn (US$33.4m)<\/strong>. That compares to a net loss in the fourth quarter of 2020 of KRW32.71bn.<\/p>\n\n\n\n It also reported an operating loss of KRW46.64bn<\/strong> compared to an operating profit of KRW26.92bn in the same quarter last year.<\/p>\n\n\n\n The casino operator suspended all of activities in November 2020 <\/strong>due to the Covid-19 pandemic. Seven Luck Casino Busan Lotte in Busan reopened in February, while the operator\u2019s Seoul venues reopened<\/a> in March.<\/p>\n\n\n\nGKL sales during the first five months were down 78.9 per cent<\/strong><\/h2>\n\n\n\n