Grand Korea Leisure has reported casino sales of KRW5.77bn (US$4.6m) in April, down 80.6 month-on-month.<\/p>\n\n\n\n\n\n\n\n
South Korea.- Grand Korea Leisure (GKL)\u00a0<\/strong>has reported that after a strong March casino sales plunged by 80.6 per cent month-on-month in April to KRW5.77bn (US$4.6m). Sales were down 34.6 per cent year-on-year.<\/p>\n\n\n\n Table game revenue was down 86.6 per cent when compared to March 48.5 per cent year-on-year to KRW3.75bn. Slot machine revenue increased from KRW1.87bn to KRW2.03bn, up 12.5 per cent month-on-month and up 29.8 per cent year-on-year.<\/p>\n\n\n\n The company has posted\u00a0sales of KRW52.07bn for the first four months of the year<\/strong>, up 240.5 per cent when compared to the previous year.<\/p>\n\n\n\n In March, the casino operator had reported one of its best months since the Covid-19 pandemic began with sales of KRW29.72bn (US$24.4m). That represented an increase of 334 per cent\u00a0when compared to February (KRW6.85bn (US$5.6m<\/a>).<\/p>\n\n\n\n In 2021, Grand Korea Leisure<\/a> reported a net loss of KRW113.27bn (US$94.7m)<\/a> and an operating loss of KRW145.83bn<\/strong>, compared with KRW88.81bn the previous year.<\/p>\n","protected":false},"excerpt":{"rendered":" Grand Korea Leisure has reported casino sales of KRW5.77bn (US$4.6m) in April, down 80.6 month-on-month.<\/p>\n","protected":false},"author":176,"featured_media":14825,"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) reported a substantial 80.6% month-on-month decline in April casino sales to KRW5.77bn, following a robust March performance. While table game revenue experienced a sharp contraction, slot machine revenue demonstrated positive growth both month-on-month and year-on-year. Despite this short-term volatility, GKL's year-to-date sales for the first four months of 2022 reflect a significant 240.5% increase over the prior year, indicating a complex and uneven post-pandemic market recovery trajectory.","focusai_entities":"Grand Korea Leisure, GKL","focusai_location":"South Korea","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.95), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GKL Q2 Outlook?","query":"What are the projected GGR and NGR forecasts for Grand Korea Leisure in Q2, considering the significant month-on-month volatility observed in April and the strong year-to-date performance?"},{"label":"Table vs. Slot Dynamics?","query":"What specific operational or market factors are driving the divergent performance between table game revenue and slot machine revenue for GKL, and how does this impact their long-term gaming vertical strategy?"}],"footnotes":""},"categories":[16338,163],"tags":[17025],"class_list":["post-29555","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-grand-korea-leisure"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/29555","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\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=29555"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/29555\/revisions"}],"predecessor-version":[{"id":29572,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/29555\/revisions\/29572"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/14825"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=29555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=29555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=29555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}