{"id":777016142,"date":"2024-06-05T09:27:55","date_gmt":"2024-06-05T12:27:55","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777016142"},"modified":"2026-04-22T09:30:11","modified_gmt":"2026-04-22T12:30:11","slug":"grand-korea-leisure-casino-sales-up-16-3-in-may","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/grand-korea-leisure-casino-sales-up-16-3-in-may","title":{"rendered":"Grand Korea Leisure casino sales up 16.3% in May"},"content":{"rendered":"\n<p>Grand Korea Leisure has posted casino sales of KRW26.61bn (US$19.40m).<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>South Korea.-<strong> Grand Korea Leisure (GKL)\u00a0<\/strong>has shared its financial results for\u00a0the month of\u00a0May. The company posted casino sales of KRW26.61bn (US$19.40m), a decrease of 17.95 per cent <a href=\"https:\/\/focusgn.com\/asia-pacific\/grand-korea-leisure-casino-sales-down-19-7-in-april\" target=\"_blank\" rel=\"noreferrer noopener\">when compared to April<\/a> but up 16.3 per cent in year-on-year terms.<\/p>\n\n\n\n<p><strong>Table-game revenue<\/strong>\u00a0was KRW26.61bn (US$19.40m), down 9.6 per cent month-on-month but up 21.7 per cent in year-on-year terms.\u00a0<strong>Machine game sales<\/strong>\u00a0were down by 5.5 per cent sequentially at KRW2.84bn (US$2.07m). When compared to the previous year, the figure was down 17.9 per cent. Overall sales fell 9.2 per cent month-on-month to KRW29.45bn (US$21.47m).<\/p>\n\n\n\n<p>The total amount of money exchanged for chips at casino tables was KRW325.25bn (US$237.12m), an increase of 1.8 per cent from the previous month and 13.1 per cent from the previous year. The casino drop for the first five months of this year amounts to KRW1.56tn (US$1137.29m), a 16.7 per cent increase compared to the previous year. Casino sales for the\u00a0<strong>first five months\u00a0<\/strong>totalled KRW155.55bn (US$113.40m), a decrease of 12.8 per cent.<\/p>\n\n\n\n<p><strong>See also:<\/strong> <a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/grand-korea-leisure-posts-net-profit-of-us7-4m-for-q1\" rel=\"noreferrer noopener\">Grand Korea Leisure posts net profit of US$7.4m for Q1<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Grand Korea Leisure has posted casino sales of KRW26.61bn (US$19.40m).<\/p>\n","protected":false},"author":176,"featured_media":26802,"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 mixed financial results for May, with overall casino sales declining 9.2% month-on-month to KRW29.45bn (US$21.47m), despite a 16.3% year-on-year increase. While table-game revenue saw a significant 21.7% YoY rise, machine game sales experienced a 17.9% YoY decrease, indicating a shift in gaming vertical performance. The casino drop for the first five months of the year increased by 16.7% YoY, contrasting with a 12.8% YoY decrease in total casino sales for the same period.","focusai_entities":"Grand Korea Leisure, GKL","focusai_location":"South Korea","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Drop vs. Sales Discrepancy","query":"What specific operational or market dynamics explain the significant divergence between Grand Korea Leisure's 16.7% year-on-year increase in casino drop and the 12.8% year-on-year decrease in total casino sales for the first five months of the year?"},{"label":"Gaming Vertical Strategy","query":"How does the sustained year-on-year decline in machine game sales influence Grand Korea Leisure's capital expenditure allocation and product strategy for its gaming verticals, particularly in relation to table game performance?"}],"footnotes":""},"categories":[16338,163],"tags":[17025],"class_list":["post-777016142","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\/777016142","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=777016142"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777016142\/revisions"}],"predecessor-version":[{"id":777016170,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777016142\/revisions\/777016170"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26802"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777016142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777016142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777016142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}