{"id":777001313,"date":"2023-01-04T14:03:00","date_gmt":"2023-01-04T17:03:00","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777001313"},"modified":"2026-04-23T01:47:33","modified_gmt":"2026-04-23T04:47:33","slug":"grand-korea-leisure-casino-revenue-up-196-in-2022","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/grand-korea-leisure-casino-revenue-up-196-in-2022","title":{"rendered":"Grand Korea Leisure casino revenue up 196% in 2022"},"content":{"rendered":"\n<p>Grand Korea Leisure has reported KRW265.16bn (US$207.23m) for the full year.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>South Korea.- The South Korean operator of foreigner-only casinos <strong>Grand Korea Leisure (GKL)<\/strong> has shared its financial results for full-year 2022. It posted revenue of <strong>KRW265.16bn (US$207.23m)<\/strong>, up 196 per cent compared with full-year 2021.<\/p>\n\n\n\n<p>In December, casino revenue rose to <strong>KRW30.54bn (US$23.87m)<\/strong>, up 201.4 per cent year-on-year and 8.3 per cent compared to the <a href=\"https:\/\/focusgn.com\/asia-pacific\/grand-korea-leisure-casino-revenue-up-589-in-november\" data-type=\"URL\" data-id=\"https:\/\/focusgn.com\/asia-pacific\/grand-korea-leisure-casino-revenue-up-589-in-november\" target=\"_blank\" rel=\"noreferrer noopener\">previous month<\/a>. Table games revenue drove the December 222.6 per cent yearly increase and 10.9 per cent monthly rise, at KRW28.36bn (US$256.62m).<\/p>\n\n\n\n<p>Meanwhile, slots revenue for GKL increased 62.5 per cent compared to the same month 2021, but fell by 16.6 per cent monthly, to KRW2.18bn (US$1.7m).<\/p>\n\n\n\n<p>As for annual revenue, table games revenue was up 221.4 per cent, topping KRW238.9bn (US$186.7m), while the total table drop amount during the year also totaled KRW1,987.23bn (US$1.55bn), up 170 per cent yearly.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Grand Korea Leisure has reported KRW265.16bn (US$207.23m) for the full year.<\/p>\n","protected":false},"author":226,"featured_media":27875,"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) reported robust financial results for full-year 2022, with revenue reaching KRW265.16bn (US$207.23m), marking a 196% increase year-on-year. December's casino revenue also surged by 201.4% YoY, primarily driven by strong performance in table games.","focusai_entities":"Grand Korea Leisure, GKL","focusai_location":"South Korea","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GGR Growth Drivers","query":"What specific market factors, operational efficiencies, or VIP segment performance primarily drove Grand Korea Leisure's substantial 196% YoY revenue growth in FY2022, particularly in table games?"},{"label":"Future Market Outlook","query":"How does GKL's current revenue performance compare to pre-pandemic levels, and what is the projected outlook for sustained growth in the South Korean foreigner-only casino market, considering potential regulatory or competitive shifts?"}],"footnotes":""},"categories":[16338,163],"tags":[17025],"class_list":["post-777001313","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-grand-korea-leisure"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777001313","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\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777001313"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777001313\/revisions"}],"predecessor-version":[{"id":777001315,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777001313\/revisions\/777001315"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/27875"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777001313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777001313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777001313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}