Grand Korea Leisure October casino sales fall 6.5% to $20.4m
Grand Korea Leisure has reported weaker October results despite rising drop and stronger machine performance.
Grand Korea Leisure has reported weaker October results despite rising drop and stronger machine performance.
South Korea's only locals casino reports 18.5% quarter-on-quarter increase in gaming drop and rebound in non-gaming revenue.
Profits plummet as Kambi draws focus on its positive partnership ahead of Q4 and the new year.
South Korea's foreigner-only casino operator reports strongest monthly increase since summer amid rising overseas arrivals.
The operator managed to increase its net income from the $4.2m loss reported for the third quarter of 2024, while adjusted EBITDA grew 11.5% year-over-year to $51.2m for Q3 2025.
The company has posted a strong quarterly performance, helping to balance weaker results from earlier this year.
The revenue growth was largely driven by an 89% increase in media technology, content and services revenue.
Results for the third quarter reflect company growth when compared to the previous third-quarter figures.
Supplier expands into North America following record cash generation and new market entries.
The company has seen rises across the board, with its FY 2025 revenue expectations now resting at €2.27bn.