Grand Korea Leisure August casino revenue falls 11%
Table-game sales remained GKL’s main revenue source in August, generating KRW27.8bn despite a double-digit annual decline.
South Korea.- Grand Korea Leisure (GKL) has reported that it generated KRW31.1bn (US$22.9m) from its casinos in August. Casino revenue declined 11.3 per cent year-on-year and 25.4 per cent from July, according to figures filed with the Korea Exchange.
Table games accounted for KRW27.8bn (US$20.5m), down 10.8 per cent from August 2025 and 26.9 per cent from the previous month. Machine-game revenue fell 15.4 per cent year-on-year and 9.8 per cent month-on-month to KRW3.3bn (US$2.4m). The casino drop increased 7.2 per cent year-on-year and 5 per cent from July to KRW341.4bn (US$251.2m).
At property level, Seoul Dragon City generated KRW12.85bn (US$9.46m), down around 10 per cent year-on-year and 2 per cent from July. The Gangnam venue recorded KRW12.41bn (US$9.13m), a 13.3 per cent annual decline and a 43.1 per cent monthly drop.
For January to August, casino revenue reached almost KRW300bn (US$220.9m), 5.6 per cent higher than the corresponding period of 2025. Second-quarter results showed consolidated revenue up 19.3 per cent year-on-year to KRW120.5bn (US$88.7m), while operating profit rose 30.5 per cent to KRW20.8bn (US$15.3m).
