South Korea's two major foreign-only casinos both report declines in gambling revenue in July

According to reports, two companies in South Korea are restricted to foreigners only.sign outParadise and GKL Casinos in the United States announced their operating data for July. Both casinos had a record high gambling revenue.producedifferent levelDeclinedown, butGrowth rateThe growth rate is stillobvious.

Paradise achieved a gambling revenue of approximately US$7 million in July, up from the previous month.减少32.4%, more than double the same period last year.incomeYoYincrease33.5%, reaching approximately US$4590 million; slot machine revenueYoYincrease9.7%, reaching approximately US$254 million. However, the two businessesRevenueThe increase rate isachieve50%.

As of the first seven months of 2022, Paradise's cumulative gambling revenue hasexceedAbout 3.19 million US dollars, a year-on-year increase of 224%. Gaming table and slot machine revenues alsopromoteSignificantly year-on-yeardecline.

GKL's casino sales in July reached approximately US$7 million, a slight increase of 2390% from the previous month and a year-on-year increase of 5.3%.decline8.8%. Among them, the sales of gaming tables increased month-on-month.decline4.8%, year-on-yearDecline6.5%; Slot machine sales increased month-on-monthdecline10.3%, a year-on-year increase of 32.1%.

In the first seven months of this year, GKL’s cumulative casino sales haveexceedApproximately US$1.84 million, a significant year-on-year increasedeclineNearly 94%.

Although gambling revenue at the two casinos fell in July,Revenueproportionstillvery muchconsiderable. As of现在,their 2022Body preparationGambling revenue performanceoutstanding. With the impact of the epidemic减少, South Korea’s casino industry has entered therapid恢复growpattern.