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      <title>S. Korea&#39;s GKL casinos sales rise 11 pct in July
 by bscnews slotsite01</title>
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      <language>en-us</language>
      <pubDate>2024-09-13 00:28:09 UTC</pubDate>
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         <title>bsc.news/slotsite</title>
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         <link>https://padlet.com/bscnewsslotsite01/tyot95mizfddz3sq/wish/3117495382</link>
         <description><![CDATA[<p>South Korean game operator Grand Korea Leisure Inc. said its casino sales rose 11.4 percent year-on-year in July to nearly 41.12 billion won ($33.8 million). <a rel="noopener noreferrer nofollow" href="https://bsc.news/post/2024-safety-slotsite-rankings-free-online-slot-site-recommendations-top15"><strong>슬롯사이트</strong></a></p><p><br/></p><p>Casino sales rose 5.5% in July from the previous month, compared with June, according to a report on Tuesday.</p><p><br/></p><p>The year-on-year increase in casino sales was attributed to a 11.3 percent increase in table game sales to about 36.36 billion won in the month of July. The company said in a filing with the Korea Exchange that machine game sales rose 12.1 percent year-on-year to about 4.76 billion won.</p><p>The company's monthly update does not provide a comment on the reasons for the earnings change.</p><p><br/></p><p>GKL's July results match sales recently announced by its market rival Paradise Inc. On Monday, Paradise Inc. said casino sales in July were about 74.15 billion won, up 3.2 percent from a year earlier and 19.1 percent from a year earlier.</p><p><br/></p><p>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, under the Seven Luck brand, runs three foreigner-only casinos in Korea, two in the capital city of Seoul and one in the southern port city of Busan.</p><p><br/></p><p>The company said casino sales fell 3.1% year-over-year in the January-July period of 2019, just over 267.11 billion won.</p><p><br/></p><p>Table game sales fell 4.1% to about 232.53 billion won during the period and machine game sales rose 4.4% to 34.58 billion won.</p><p><br/></p><p>GKL said its first-quarter net profit halved in May to less than 8.46 billion won. GKL said its first-quarter revenue was down 10.5% year-over-year.</p>]]></description>
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         <pubDate>2024-09-13 00:30:06 UTC</pubDate>
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