{"id":15525,"date":"2021-03-05T16:32:34","date_gmt":"2021-03-05T16:32:34","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=15525"},"modified":"2026-04-23T21:20:01","modified_gmt":"2026-04-24T00:20:01","slug":"gkl-casino-sales-down-98-in-february","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/gkl-casino-sales-down-98-in-february","title":{"rendered":"GKL casino sales down 98% in February"},"content":{"rendered":"\n<p>The South Korean operator of foreigner-only casinos registered KRW507m (US$448,000) in sales in February<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>South Korea.- Grand Korea Leisure (GKL) saw casino <strong>sales fall by 98.8 per cent year-on-year <\/strong>to KRW507m (US$448,000) in February.<\/p>\n\n\n\n<p>In the same month last year before the impact of the Covid-19 pandemic, the casino operator<strong> recorded casino sales of KRW43.96bn (US$38.9m)<\/strong>.<\/p>\n\n\n\n<p>All of its three of its casinos <strong>were temporarily closed for periods in 2020<\/strong>. The Seven Luck Casino Busan Lotte in Busan reopened last month but its <strong><em><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/gkl-extends-seoul-casinos-closure-until-march-15\" target=\"_blank\">two Seoul casinos will remain closed until at least March 15<\/a><\/em>.<\/strong><\/p>\n\n\n\n<p>As a result the company reported no turnover at all for January and turnover from the Busan casino down <strong>98.7 per cent <\/strong>year-on-year to KRW3.65bn (US$3.2m) in February.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The South Korean operator of foreigner-only casinos registered KRW507m (US$448,000) in sales in February<\/p>\n","protected":false},"author":176,"featured_media":15527,"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), a South Korean foreigner-only casino operator, reported a 98.8% year-on-year decline in February sales to KRW507m (US$448,000) due to COVID-19 related operational closures. While its Busan casino reopened, two Seoul properties remained closed until at least March 15, significantly impacting turnover and GGR.","focusai_entities":"Grand Korea Leisure (GKL), Seven Luck Casino Busan Lotte","focusai_location":"South Korea, Busan, Seoul","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GKL Recovery Strategy","query":"What specific operational and marketing strategies is Grand Korea Leisure implementing to accelerate GGR recovery and mitigate ongoing pandemic-related operational risks post-reopening?"},{"label":"Regional Market Impact","query":"How does GKL's February performance compare to other foreigner-only casino operators in South Korea and the broader APAC region, indicating potential market-wide recovery timelines and competitive shifts?"}],"footnotes":""},"categories":[28,16338],"tags":[17025,23907],"class_list":["post-15525","post","type-post","status-publish","format-standard","has-post-thumbnail","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\/15525","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=15525"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/15525\/revisions"}],"predecessor-version":[{"id":15556,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/15525\/revisions\/15556"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/15527"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=15525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=15525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=15525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}