Chinese tourists fuel Korea’s casino revenue

 

Grand Korea Leisure (114090:Korea SE), which operates three casinos under the Seven Luck brand in Seoul and Busan, saw revenue exceed 1 trillion won, or US $919 million, for the first time during the fourth quarter.  Chinese visitors represented 36.7 percent of total cash and markers wagered, a strong increase on last year.  GKL recently doubled the number of marketing personnel deployed for the Chinese mainland market.