{"id":777002049,"date":"2023-02-03T14:27:44","date_gmt":"2023-02-03T17:27:44","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777002049"},"modified":"2026-04-23T00:57:24","modified_gmt":"2026-04-23T03:57:24","slug":"grand-korea-leisure-casino-revenue-up-230-2-in-january","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/grand-korea-leisure-casino-revenue-up-230-2-in-january","title":{"rendered":"Grand Korea Leisure casino revenue up 230.2% in January"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Grand Korea Leisure&#8217;s revenue was KRW32.09bn (US$26.1m).<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">South Korea.- The South Korean operator of foreigner-only casinos <strong>Grand Korea Leisure<\/strong> (GKL) has reported revenue of KRW32.09bn (US$26.1m) for January. That represents an increase of 230.2 per cent year-on-year and 5 per cent month-on-month.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Table game sales were&nbsp;KRW29.07bn, up 257.3 per cent year-on-year and 2.5 per cent sequentially. Machine-game sales were up 90.6 per cent year-on-year and 38.4 per cent quarter-on-quarter to KRW3.02bn.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Grand Korea Leisure&#8217;s&nbsp;<\/strong>revenue for&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/grand-korea-leisure-casino-revenue-up-196-in-2022\" rel=\"noreferrer noopener\">the full-year 2022<\/a>&nbsp;was&nbsp;<strong>KRW265.16bn (US$207.23m)<\/strong>, up 196 per cent compared with the full-year 2021.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Last December,&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/gkl-to-relocate-to-seoul-dragon-city-on-december-31\" target=\"_blank\">the company relocated<\/a>&nbsp;<strong>one of its two casinos&nbsp;<\/strong>from the Millennium Hilton Seoul hotel to Seoul Dragon City. It also announced it would reduce the size of its China marketing team and the number of Japanese liaison offices by one third.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Grand Korea Leisure&#8217;s revenue was KRW32.09bn (US$26.1m).<\/p>\n","protected":false},"author":176,"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 (GKL) reported a significant 230.2% year-on-year revenue increase to KRW32.09bn (US$26.1m) for January, driven by strong table and machine game sales. This follows a 196% full-year 2022 revenue growth. The operator recently relocated one of its Seoul casinos and announced a reduction in its China marketing team and Japanese liaison offices, indicating strategic operational adjustments.","focusai_entities":"Grand Korea Leisure, GKL, Millennium Hilton Seoul, Seoul Dragon City","focusai_location":"South Korea, Seoul, China, Japan","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.9), marketing_crm (0.8), investor_analyst (0.95), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GKL Market Strategy","query":"What specific market conditions or competitive pressures led Grand Korea Leisure to reduce its China marketing team and Japanese liaison offices, and how might this impact future GGR from these key player segments?"},{"label":"Operational Efficiency Impact","query":"Beyond the reported revenue growth, what are the projected impacts on operational efficiency and NGR margins following the relocation of GKL's casino to Seoul Dragon City?"}],"footnotes":""},"categories":[16338,163],"tags":[17025],"class_list":["post-777002049","post","type-post","status-publish","format-standard","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\/777002049","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=777002049"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777002049\/revisions"}],"predecessor-version":[{"id":777002080,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777002049\/revisions\/777002080"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777002049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777002049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777002049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}