Grand Korea Leisure casino sales up year-on-year in October
GKL has posted casino sales of US$21.8m for the tenth month of the year.
Key takeaways:
- GKL reported October casino sales of KRW29.3bn (US$21.8m), up 2.5 per cent year-on-year.
- October casino sales were 21.5 per cent lower than September’s figure.
- Casino sales for the January-October period reached KRW366.5bn (US$273m), up 5.5 per cent year-on-year.
South Korea.- Grand Korea Leisure (GKL) has shared its financial results for October. Casino sales were KRW29.3bn (US$21.8m), up 2.5 per cent in year-on-year terms but 21.5 per cent behind September’s figures.
Table-game revenue was KRW26.1bn (US$19.4m), up 3.7 per cent from October 2025. Machine game sales were KRW3.20bn (US$2.4m), down 6.3 per cent year-on-year. The casino drop was up 3.9 per cent from September and up 1.8 per cent from a year earlier at KRW336.4bn (US$250m).
For the first ten months of the year, Grand Korea Leisure reported casino sales of KRW366.5bn (US$273m), up 5.5 per cent compared to the January-October period of 2025. The casino drop for the ten-month period increased 8.7 per cent, to nearly KRW3.31 trillion.
GKL operates three foreigner-only casinos under the Seven Luck brand: two in the capital, Seoul (including one in Gangnam) and the other in the southeastern port city of Busan. It operates as a subsidiary of the Korea Tourism Organization, which is affiliated with the Ministry of Culture, Sports, and Tourism. Recently, the company announced a plan to generate casino revenue of KRW503.8bn (US$333.8m) by 2030.
