South Korea’s second largest foreigners-only casino operator Grand Korea Leisure Co. Ltd. (GKL) recorded a 16.7 percent growth in its casino sales in May, thanks to the stellar performance of its table games.
In a disclosure to the Korean Exchange on Friday, GKL announced that its casino sales for May 2018 grew to KRW40.59 billion (US$37.9 million) from KRW34.76 billion ($32.33 million) during the same period last year.
On a month-to-month comparison, GKL’s casino sales were up 2.7 percent from KRW39.52 billion ($36.76 million) in April 2018.
The company attributed the higher May results to robust table revenue, which grew 21.8 percent to KRW35.58 billion ($33.09 million). It’s a different story when it comes to GKL’s machine revenue, which dropped 10.3 percent to KRW5 billion ($4.65 million) last month.