Source: GGR Asia

GKL Grandkorea: GKL narrows 2Q net loss to US$15.5mln as sales jump

Grand Korea Leisure Ltd (GKL), a South Korean operator of foreigner-only casinos, reported a second-quarter net loss of KRW18.06 billion (US$15.5 million), compared with a loss of nearly KRW23.56 billion in the prior-year period. The company had reported a net loss of about KRW37.43 billion in the first quarter of 2021. Second-quarter sales at GKL soared by 41.8 percent year-on-year to about KRW32.98 billion, the firm said in a Thursday filing with its [...]

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CEO

Kim Young-San

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