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Grand Korea Leisure Casino Sales Up 48% in April

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Grand Korea Leisure Casino Sales Up 48% in April
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South Korean foreigner-only casino operator Grand Korea Leisure Co Ltd has announced a 48.4% increase in casino revenue in April compared to March.

Such sales were KRW8.83 billion (US$7.9 million) compared to KRW5.95 billion in March. Sales in March had already taken a huge leap compared to those for February.

The group’s Busan Lotte casino venue in the southern port city of Busan had resumed its operations on February 15, after a period of closure.

Grand Korea reopened its Seven Luck-branded Seoul venues Gangnam COEX and Gangbuk Hilton on March 15. Both properties had been shuttered since November 24 as a Covid-19 countermeasure.

Grand Korea Leisure’s table game sales for April this year were just under KRW7.27 billion, an increase of 46% on the KRW4.98 billion realised in March.

Machine game sales for the month were slightly more than KRW1.56 billion, an increase of 60.7% on the KRW972 million generated in March.

For the calendar year to April 30, Grand Korea Leisure’s casino sales were KRW15.29 billion, a dip of 86.1% versus the nearly KRW110.23 billion achieved in the prior-year period.

Aggregate sales for table games were just over KRW12.66 billion, down 87.3% on the almost KRW99.62 billion realised in the first four months of 2020.

Machine game sales for the initial four months of this year were just under KRW2.63 billion, a decline of 75.2% on the almost KRW10.61 billion a year earlier.

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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