Grand Korea Recreation Company Limited chalks up a frustrating January

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Grand Korea Recreation Company Limited chalks up a frustrating January

Southern Oriental casino driver Grand Korea Recreation Company Limited apparently saw its aggregated gross video pc gaming incomes for January visit a bit over 3.5% month-on-month to approximately $8.1 million.

Inning accordance with a record from GGRAsia, the Seoul-headquartered firm chalked up combined video pc gaming invoices of $8.4 million for the last month of 2021, which was some 147.7% greater compared to November's tally despite a choice from the federal government to present a variety of new measures to assist fight the spread out of the coronavirus pandemic.

Sensible profile:

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Established in 2004, Grand Korea Recreation Company Limited is apparently in charge of a triad of 7 Luck-branded gambling establishments located inside Southern Korea's Intercontinental Seoul Coex, Lotte Resort Busan and Centuries Hilton Seoul resorts. The company supposedly announced late in 2015 that it had tattooed an offer that will see its foreigner-only procedure inside this last property relocated to the nearby Seoul Dragon City Hotelplex development in the face ofin the face of its host's impending demolition.

Slot success:

Grand Korea Recreation Company Limited is a subsidiary of the Korea Tourist Company, which is itself affiliated to the Oriental country's Ministry of Society, Sporting activities and Tourist, and apparently saw its aggregated gross table video games incomes for January slide by 7.5% month-on-month to approximately $6.8 million. However, the resource discussed that this disturbing dip was partly offset by an analogous 18% swell in the company's slot invoices to about $1.3 million.

Discouraging downturn:

GGRAsia revealed that the January outcomes for Grand Korea Recreation Company Limited were launched just a few days after the Ministry of Society, Sporting activities and Tourist exposed that the 16 foreigner-only gambling establishments in Southern Korea had seen their aggregated gross video pc gaming incomes for the entire of 2021 decrease by 31.9% year-on-year to about $339.2 million. Nonetheless, the excluded Kangwon Land Casino location, which is the nation's just property where residents are allowed to gamble together with tourists, supposedly bucked this pattern to chalk up a 74.7% boost for the year to nearly $645.6 million.

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