South Korean casino operator, Grand Korea Leisure Company Limited, has reportedly released its financial results for the first six months of 2018 showing a 4.1% increase year-on-year in gaming revenues to slightly over $212.29 million.

According to a Tuesday report from GGRAsia, the Seoul-headquartered firm is a subsidiary of the Korea Tourism Organization, which is affiliated with the nation’s Ministry of Culture, Sports and Tourism, and revealed that combined takings from its table games for the six months to the end of June had risen by 7.4% year-on-year to reach $186.65 million.

Grand Korea Leisure Company Limited is responsible for a trio of Seven Luck Casino-branded venues in the cities of Seoul and Busan and conversely detailed that slot revenues at the foreigner-only facilities for the six-month period had fallen by some 14.9% year-on-year to stand at about $25.68 million.

GGRAsia moreover reported that June saw Korea Exchange-listed Grand Korea Leisure Company Limited record a 7.2% swell year-on-year in combined gaming revenues to just over $32.54 million although this figure represented a 9.9% drop when compared with the previous month’s tally of around $36.51 million. The operator, which last month installed Yoo Tae-Yeol as its new Chief Executive Officer, additionally explained that takings from its table games for the 30-day period has improved by 12.7% to $28.54 million while aggregated slot revenues had plummeted by 20.7% to slightly in excess of $4 million.

For South Korea’s foreigner-only casinos as a whole, GGRAsia reported that last year saw aggregated gaming revenues drop by approximately 5.4% year-on-year to $1.07 billion as the 16 venues attracted in the region of 6.2% fewer visitors at 2.22 million.

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