Korean foreigner-only casino operator Grand Korea Leisure (GKL) reported a 65.5% year-on-year decline in casino sales to KRW14.19 billion (US$11.9 million) in July due to the ongoing impact of COVID-19 on international travel.
However, July’s numbers did show some sequential improvement, up 13.7% on the KRW12.48 billion (US$10.4 million) in casino sales the company reported in June. It was also significantly higher than casino sales of KRW10.36 billion (US$8.7 million) in May.
July’s casino sales included a 67.9% year-on-year decline in table game sales to KRW11.67 billion (US$9.8 million) and 46.9% fall in EGM sales to KRW2.53 billion (US$2.1 million). Table drop was down 5.5% versus June to KRW101.89 billion (US$85.3 million).
Through the first six months of 2020, GKL’s casino sales have fallen 44.9% year-on-year to KRW147.26 billion (US$123.3 million) while table drop is down 58.1% to KRW1.08 trillion (US$904 million).
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