GKL's second-quarter revenue fell 80.2% year-on-year to 23.26 billion won, the company said in a statement to the Korea Exchange on Monday. Total revenue in the first half of 2020 was nearly 134.77 billion won, down 40.5% year-on-year.

It recorded a net loss of 8.84 billion won in the January-June period of 2020, slightly below 28.88 billion won in the same period last year. 슬롯사이트

GKL is a subsidiary of the Korea Tourism Organization, which is affiliated with the Ministry of Culture, Sports and Tourism in Korea. The casino operator operates three foreigner-only casinos in Korea under the Seven Luck brand, two in the capital city of Seoul and one in the southern port city of Busan.

The company experienced a 43-day casino shutdown from March 24 to May 6, part of South Korea's response to the local spread of COVID-19.

Starting April 1, Korean travelers will have to undergo a 14-day quarantine upon arrival, according to a dedicated COVID-19 information website administered by the national government. According to industry commentary, some of Korea's foreigner-only casino players are Korean nationals who hold at least one other passport.

Accumulated annual casino sales through July 31 fell 44.9% to 147.26 billion won in the first seven months of 2019, compared with 267.11 billion won, GKL said in a filing to the Korea Exchange last week.