Grand Korea Leisure Records 60% Profit Decline in Q2 2023
South Korean casino operator, Grand Korea Leisure (GKL), has unveiled that its net income in the second quarter of 2023 amounted to KRW8.58 billion (US$6.5 million). As reported by Inside Asian Gaming (IAG), the figure reached in the quarter that ended 30 June 2023 represents a 60.3% decline when compared to the prior quarter. The Q2 2023 result, however, reportedly sets off the KRW7.99 billion (US$6.1 million) loss experienced over the same period in 2022.