Grand Korea Leisure reports August casino sales decline to KRW31.11bn
By SectorWire desk ·
Summary
Grand Korea Leisure recorded nearly KRW31.11bn in August casino sales in South Korea, citing the company’s Korea Exchange filing. Sales fell 11.3% annually and 25.4% from July. Casino drop increased 7.2% annually to nearly KRW341.40bn, while sales for the first eight months rose 5.6% to nearly KRW299.97bn.
Why it matters
Investors face declining August casino sales despite annual growth in casino drop and sales across the first eight months.