South Korea’s second largest foreigners-only casino operator Grand Korea Leisure (GKL) continued its positive momentum in the third quarter of 2016.

In a filing to the Korea Exchange, GKL said its net income rose 22.9 percent year-on-year to reach KRW27.75 billion (USD24.3 million) in the third quarter of the year. Revenue for the period also grew 20.5 percent to KRW134.04 billion compared to the same period in 2015.

GKL, which operates three foreigners-only casino in the country under the Seven Luck brand, rebounded in the three months to September 30 from its lackluster performance in the prior-year period, when it same its net income fall 41.5 percent in the aftermath of the Middle East Respiratory Syndrome (MERS) outbreak, which greatly affected the tourism industry of South Korea—including the performance of South Korean casinos—last year.

The Korea Tourism Organization subsidiary also recorded a net income of nearly KRW80.20 billion in the first nine months of 2016, a 9.4 percent surge from a year earlier. Revenue for the period also rose 4.5 percent year-on-year to KRW399.61 billion, while operating profit increased 11.7 percent to KRW108.05 billion.