{"id":777015209,"date":"2024-05-03T09:38:09","date_gmt":"2024-05-03T12:38:09","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777015209"},"modified":"2026-04-22T10:37:30","modified_gmt":"2026-04-22T13:37:30","slug":"grand-korea-leisure-casino-sales-down-19-7-in-april","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/grand-korea-leisure-casino-sales-down-19-7-in-april","title":{"rendered":"Grand Korea Leisure casino sales down 19.7% in April"},"content":{"rendered":"\n<p>Grand Korea Leisure posted casino sales of KRW32.43bn (US$24m).<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>South Korea.-<strong>&nbsp;Grand Korea Leisure (GKL)&nbsp;<\/strong>has shared its financial results for&nbsp;the month of&nbsp;April. The company posted casino sales of KRW32.43bn (US$24m). That\u2019s a 19.7 per cent decrease&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/grand-korea-leisure-casino-sales-up-19-9-in-march\" rel=\"noreferrer noopener\">compared to the previous month<\/a>&nbsp;and down&nbsp;28.9 per cent year-on-year.<\/p>\n\n\n\n<p><strong>Table-game revenue<\/strong> was KRW29.42bn (US$21m), down 21.2 per cent month-on-month and down 30.3 per cent in year-on-year terms. <strong>Machine game sales<\/strong> were down by 1.8 per cent sequentially at KRW3.01bn (US$2.2m). When compared to the previous year, the figure was down 11.1 per cent.<\/p>\n\n\n\n<p>The table drop remained constant compared to March at KRW319.43bn (US$232m), a rise of 7.8 per cent when compared to April 2023.\u00a0The cumulative casino drop for the first four months of this year was KRW1.24tn (US$901m), a 17.6 per cent increase when compared to the same period last year.<\/p>\n\n\n\n<p>Grand Korea Leisure\u2019s casino sales for the\u00a0<strong>first four months\u00a0<\/strong>this year totalled KRW126.1bn (US$92m), a decrease of 17.7 per cent from the prior-year period.\u00a0<\/p>\n\n\n\n<p><strong>See also:&nbsp;<\/strong><a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/south-korean-casino-revenue-up-40-7-in-2023\" rel=\"noreferrer noopener\">South Korean casino revenue up 40.7% in 2023<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Grand Korea Leisure posted casino sales of KRW32.43bn (US$24m).<\/p>\n","protected":false},"author":176,"featured_media":27875,"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 April casino sales of KRW32.43bn (US$24m), marking a 19.7% month-on-month and 28.9% year-on-year decrease. While table game and machine sales declined, the table drop remained stable sequentially and increased 7.8% year-on-year, with cumulative drop for the first four months up 17.6%.","focusai_entities":"Grand Korea Leisure, GKL","focusai_location":"South Korea","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 Q2 Outlook?","query":"What are the underlying factors contributing to the significant year-on-year decline in GKL's casino sales despite an increase in cumulative table drop, and what is the projected impact on Q2 GGR and NGR?"},{"label":"Market Share Impact?","query":"How do GKL's April performance metrics compare to other South Korean integrated resorts, and what are the implications for competitive positioning and market share dynamics within the non-foreigner-only casino segment?"}],"footnotes":""},"categories":[16338,163],"tags":[17025],"class_list":["post-777015209","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\/777015209","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=777015209"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777015209\/revisions"}],"predecessor-version":[{"id":777015220,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777015209\/revisions\/777015220"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/27875"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777015209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777015209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777015209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}