November sales drop 50% in South Korea’s foreigner-only casinos

Grand Korea Leisure Co Ltd (GKL), operator of South Korea’s foreigner-only casinos, reported November sales to be KRW5.49bn ($5m), a 50% drop from October’s sales and 88% year-on-year decline. Table game revenue was KRW4.09bn, a 55% drop from KRW9.16bn in October. Machine game sales were KRW1.40bn, a 28% decline from the previous month and a 70% year-on-year drop from KRW4.69bn in November 2019. Casino revenue was KRW61.95bn ($56.7m...