{"id":13481,"date":"2021-01-18T23:24:44","date_gmt":"2021-01-18T23:24:44","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=13481"},"modified":"2026-04-23T22:37:50","modified_gmt":"2026-04-24T01:37:50","slug":"grand-korea-leisure-extends-covid-19-closure","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/grand-korea-leisure-extends-covid-19-closure","title":{"rendered":"Grand Korea Leisure extends Covid-19 closure"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">As the government prolongs the current level of alert to the end of the month, the company&#8217;s Seoul and Busan casinos will remain closed.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">South Korea.- <strong>Grand Korea Leisure<\/strong> <strong>has extended the closure<\/strong> <strong>of its casinos <\/strong>in Seoul and Busan until at least February 1.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It comes after the national government extended the current Covid-19 level of alert 2.5 until January 31. The casinos had been <strong><em><a href=\"https:\/\/focusgn.com\/asia-pacific\/casinos-in-south-korea-extend-covid-19-closures-2\" target=\"_blank\" rel=\"noreferrer noopener\">due to reopen on January 18<\/a><\/em><\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Grand Korea Leisure\u2019s<strong> foreigner-only casinos<\/strong> <strong>in Seoul<\/strong>, Gangnam COEX and Gangbuk Hilton, suspended operations on November 24. The casino in <strong>Busan<\/strong>, Busan Lotte, followed suit on December 1.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company has increased its estimate of losses from the closure from KRW21.5bn to KRW27.05bn (US$24.5m) based on average daily net sales.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the government prolongs the current level of alert to the end of the month, the company&#8217;s Seoul and Busan casinos will remain closed.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Grand Korea Leisure has extended the closure of its Seoul and Busan foreigner-only casinos until February 1, following the South Korean government's prolongation of the Covid-19 alert level. This operational suspension, impacting properties like Gangnam COEX, Gangbuk Hilton, and Busan Lotte, has led to an increased estimated loss of KRW27.05bn (US$24.5m) based on average daily net sales.","focusai_entities":"Grand Korea Leisure","focusai_location":"South Korea, Seoul, Busan","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GKL Q1 Revenue Impact","query":"What is the projected Q1 2021 GGR and NGR impact for Grand Korea Leisure, considering the extended operational suspension and revised loss estimates?"},{"label":"Regional Market Resilience","query":"How might this prolonged closure of foreigner-only casinos in South Korea influence the broader regional iGaming and land-based casino market recovery timelines and investor sentiment?"}],"footnotes":""},"categories":[28,16338],"tags":[17025,23907],"class_list":["post-13481","post","type-post","status-publish","format-standard","hentry","category-casino-news","category-east-asia-news","tag-grand-korea-leisure","tag-land-based-casino"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/13481","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=13481"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/13481\/revisions"}],"predecessor-version":[{"id":13485,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/13481\/revisions\/13485"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=13481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=13481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=13481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}