Grand Korea reports 2.1 percent rise in casino revenue

Casino revenues rose 2.1 percent for operator Grand Korea Leisure Co. to 129 billion won ($116 million) in the second quarter from the April-June period last year. Casino visitor numbers rose 5 percent to 415,000 as a 24.2 percent rise in Chinese gamblers offset a 19.5 percent drop in Japanese traffic. Corporate net profits rose 23.5 percent to 30.1 billion won. The company is seeking to open foreigner-only duty-free stores to complement its foreigner-only casinos.