Grand Korea Casino Sales Increased Last Year

Grand Korea Casino Sales Increased Last Year

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Grand Korea Casino Sales Increased Last Year
Picture from World Casino Directory

Grand Korea Casino Leisure Co Ltd, a South Korean operator of foreigner-only casinos, had a phenomenal year.

Surge:

Korea Casino 2022 casino sales rose 196.0 percent. The deals totaled KRW265.17 billion (US$208.4 million). Tuesday’s Korea Exchange filing revealed this.

Table game sales increased 221.4 percent last year compared to 2021. KRW238.91 billion was earned. Machine-game sales rose 72.3%. Just under KRW26.26 billion was earned.

Last year, customers spent more on chips, thus table spending declined. It rose 163.6 percent year-over-year to over KRW1.99 trillion.

Incredible December results:

After collecting December data, annual numbers were determined. December casino sales were over KRW30.55 billion, 8.3 percent more than November and 201.4 percent greater than the previous year.

December sales grew 10.9 percent to KRW28.37 billion compared to last year. 222.6 percent growth year-over-year.

Machine-game sales in December were KRW2.18 billion, up 16.6% sequentially and 62.5 percent year-over-year.

The Korea Tourism Organization, a ministry component, owns Grand Korea Leisure. Company casinos are foreigner-only. Three of them are Seven Luck-branded casinos, two in Seoul, the capital of South Korea, one in Gangnam, and one in Busan, a port city in the southeast.

Seoul Gangbuk’s Millennium Hilton Hotel casino closed on December 30. Seoul Dragon City took over gaming on December 31.

Grand Korea Leisure’s China marketing team decrease is essential. One-third of the Japanese liaison offices have been laid off.

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