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GGRAsia – Grand Korea Leisure casino sales up 15pct m-o-m in May ggrasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ggrasia.com Daily Mail and Mail on Sunday newspapers.
Grand Korea Leisure Co Ltd (GKL), an operator in South Korea of foreigner-only casinos under the Seven Luck brand, has told GGRAsia it plans to continue having two casino venues in the country’s capital Seoul, despite media reports that one of its current host venues there is to be sold and demolished for redevelopment. The GKL person, who asked not to be identified by name, said the firm had been doing contingency planning since last year, based on the possibility that the Millennium Hilton Seoul hotel (pictured) would be sold off. The person added that GKL’s lease on the casino facility there ran until “December 31, 2022”. ....
Grand Korea Leisure Ltd (GKL), a South Korean operator of foreigner-only casinos, reported a first-quarter net loss of KRW37.43 billion (US$33.4 million), compared with net income of just under KRW14.72 billion in the prior-year period. The company had reported a net loss of nearly KRW32.71 billion in the fourth quarter of 2020. First-quarter sales at GKL decreased by 95.3 percent year-on-year to KRW5.27 billion, the firm said in a Tuesday filing with its unaudited quarterly results to the Korea Exchange. It was a 64.7-percent decline from the final quarter of 2020. The company reported an operating loss of approximately KRW46.64 billion for the three months to March 31, compared with an operating profit of nearly KRW26.92 billion a year earlier. ....
19 of the best coffee shops and roasters in Dubai From boutique brews to world-class roasters… Dubai’s coffee scene has come a long way, baby. Whether you’re a magic fanatic, or a home-brewer in search of the finest beans, you’ll find a homegrown cafe or boutique roaster within easy reach. Here, we’ve rounded up some of the best coffee shops and roasters in Dubai. Be sure to let us know if we’ve missed your favourite. Raw Coffee Company Visit this pioneering Al Quoz roaster and cafe to sample single origin coffees sourced direct from farmers, tour the roastery or take a barista class. ....
Closure of Grand Korea Leisure Co Ltd’s (GKL’s) two foreigner-only casinos in Seoul, capital of South Korea, as a Covid-19 countermeasure, is to continue until 9am on March 15, the firm said in a Friday filing to the Korea Exchange. The same day, South Korea’s Central Disaster and Safety Countermeasure Headquarters said it would extend until March 14, so-called “Level 2” social distancing measures in Seoul, reported local media. Grand Korea Leisure noted on Friday that its expected group loss of casino net sales due to extension of pandemic-precaution closures at two of its venues, had been revised upward, to about KRW42.78 billion (US$38.1 million), compared to its previous estimate of KRW37.68-billion in lost sales. ....