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GKL casino sales rise 6.9% YoY in July despite lower visitor volume

Our write-up of a story first reported by Asia Gaming Brief

GKL casino sales rise 6.9% YoY in July despite lower visitor volume

GKL's July casino sales reached $29.2 million, up 6.9 percent year-on-year, even as visitor numbers fell to 71,488 from 99,684 in July 2025. The South Korean operator, which serves foreign guests only, saw traffic decline 28.3 percent in the month and 17.3 percent from June, yet sales rose 12 percent month-on-month.

Table games drove growth, generating $26.6 million in revenue—38.02 billion won—with a 7.6 percent year-on-year increase and 14.2 percent monthly gain. Slot machine revenue totalled $2.6 million, up 0.4 percent year-on-year but down 6.6 percent from June. Casino drop fell to 325.17 billion won ($227.5 million), down 4.1 percent annually and 0.8 percent monthly. The group's hold ratio improved to 12.8 percent from 11.5 percent a year prior.

Seven Luck at Gangnam COEX carried the portfolio with $15.3 million in sales, up 14.2 percent year-on-year and 52.8 percent monthly, despite a 38 percent drop in visitors to 20,714. Seoul Dragon City declined 1.1 percent to $9.2 million; Busan Lotte gained 2.1 percent to $4.7 million. For the first seven months of 2026, GKL's casino sales totalled $188.1 million, up 8 percent year-on-year, with table games rising 7.4 percent and slots up 15 percent.

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