Grand Korea Leisure Co Ltd, a South Korean operator who’s accountable for foreigner-only casinos, had an extremely profitable final yr.
The good enhance:
On line casino gross sales for 2022 have considerably elevated, rising 196.0 p.c year-on-year. The offers got here to the quantity of practically KRW265.17 billion, or US$208.4 million. This was introduced on Tuesday on the submitting to the Korea Change.
Desk recreation gross sales went up 221.4 p.c over the past yr if we evaluate the outcomes to those from 2021. The quantity of earned cash has been practically KRW238.91 billion. The variety of machine-game gross sales additionally elevated, and an increase of 72.3 p.c is famous. The quantity of earned cash was slightly below KRW26.26 billion.
Prospects have been utilizing extra money than regular to buy chips – so the sum of money spent on tables dropped over the past yr additionally elevated. It went up 163.6 p.c year-on-year, and practically KRW1.99 trillion has been earned.
The December outcomes – a unbelievable shock:
After the December outcomes had been gathered, the annual numbers for the entire yr had been calculated. After the outcomes had been calculated, the information gathered in December had been the most important shock – the December on line casino gross sales had been nearly KRW30.55 billion, which was 8.3 p.c greater than in November, and even 201.4 p.c increased than the earlier yr.
When in comparison with the identical month final yr, the gross sales rose 10.9 p.c throughout this December – and that’s nearly KRW28.37 billion. 12 months-on-year acquire was enormous: 222.6 p.c.
Machine-game gross sales over the past month of the yr had been KRW2.18 billion, which was 16.6 p.c when checked out sequentially – however there’s a rise of 62.5 p.c in comparison with the earlier yr.
Grand Korea Leisure is likely one of the subsidiaries of the Korea Tourism Group, which is likely one of the associates of the Ministry of Tradition, Sports activities, and Tourism. The casinos that the corporate runs are foreigner-only. Three of them are Seven Luck-branded casinos, and two are located in Seoul, the capital of South Korea, one among which is the well-known Gangnam, and one in Busan, a port metropolis within the southeastern a part of the nation.
On December 30, one of many casinos, positioned in Seoul Gangbuk venue within the Millennium Hilton Resort, was closed. The gaming operation was transferred to Seoul Dragon Metropolis, which began working on December 31.
One of many necessary information in relation to Grand Korea Leisure is the discount of the dimensions of its advertising workforce from China. Additionally, one-third of the corporate’s liaison places of work in Japan have been laid off.
