Machine game sales<\/strong> were KRW3.18bn (US$2.4m), up 19.4 per cent month-on-month and flat compared to last year. The table drop grew 12.8 per cent year-on-year and 8.9 per cent monthly to KRW330.84bn (US$246m). <\/p>\n\n\n\nCasino sales for the first eight months of the year were KRW253.97bn (US$189bn), down 7.1 per cent from the first eight months of 2023. Table revenue witnessed a 7.2 per cent decrease to KRW229.95bn (US$171m), while gaming machines saw a 6.8 per cent decline to KRW23.12bn (US$17.2m).<\/p>\n\n\n\n
GKL operates\u00a0three foreigner-only casinos\u00a0under the Seven Luck brand. Two are situated in the capital, Seoul (including one in Gangnam), and the other in the southeastern port city of Busan.\u00a0The company operates as a subsidiary of the Korea Tourism Organization, which is affiliated with the Ministry of Culture, Sports, and Tourism.<\/p>\n","protected":false},"excerpt":{"rendered":"
Grand Korea Leisure has posted casino sales of KRW41.28bn (US$30.8m).<\/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 robust August casino sales of KRW41.28bn (US$30.8m), marking a significant 114.7% month-on-month and 23.6% year-on-year increase, driven primarily by table game revenue. Despite this strong monthly performance, the cumulative casino sales for the first eight months of the year were down 7.1% compared to the same period in the previous year. GKL operates three foreigner-only casinos in South Korea under the Seven Luck brand.","focusai_entities":"Grand Korea Leisure (GKL), Korea Tourism Organization, Ministry of Culture, Sports, and Tourism, Seven Luck","focusai_location":"South Korea, Seoul, Gangnam, Busan","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GKL Q3 Outlook?","query":"What are the contributing factors to the significant month-on-month GGR surge in August, and how does this inform GKL's Q3 earnings projections given the year-to-date decline?"},{"label":"Foreigner-Only Market Drivers?","query":"Beyond the reported figures, what specific inbound tourism trends or marketing initiatives are driving the recovery in the foreigner-only casino segment in South Korea?"}],"footnotes":""},"categories":[16338,163],"tags":[17025],"class_list":["post-777018703","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\/777018703","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=777018703"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777018703\/revisions"}],"predecessor-version":[{"id":777018737,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777018703\/revisions\/777018737"}],"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=777018703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777018703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777018703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}