reported a loss of KRW64.33bn (US$57.6m)<\/a> in 2020 due to the closure of its venues under Covid-19 countermeasures.<\/p>\n","protected":false},"excerpt":{"rendered":"Grand Korea Leisure has extended the closure of its casinos in Seoul due to Covid-19 countermeasures.<\/p>\n","protected":false},"author":176,"featured_media":14825,"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 (GKL) has extended the closure of its two foreigner-only casinos in Seoul, Gangnam COEX and Gangbuk Millenium Seoul Hilton, until March 1, 2021, citing increased Covid-19 cases in South Korea. This prolonged operational suspension follows an initial closure on November 24 and contributed to GKL's reported KRW64.33bn (US$57.6m) loss in 2020.","focusai_entities":"Grand Korea Leisure, Seven Luck Casino","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 2021 Outlook","query":"What is the projected impact of these extended closures on Grand Korea Leisure's Q1 2021 gross gaming revenue (GGR) and net gaming revenue (NGR), and what mitigation strategies are being considered?"},{"label":"South Korea Regulatory Response","query":"How are South Korean regulatory bodies assessing the long-term viability of foreigner-only casino operations given recurring public health-related closures and their impact on the national gaming economy?"}],"footnotes":""},"categories":[16338,23876],"tags":[17025,23907],"class_list":["post-14822","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-social-news","tag-grand-korea-leisure","tag-land-based-casino"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/14822","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\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=14822"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/14822\/revisions"}],"predecessor-version":[{"id":14858,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/14822\/revisions\/14858"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/14825"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=14822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=14822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=14822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}