{"id":777002966,"date":"2023-03-03T13:05:57","date_gmt":"2023-03-03T16:05:57","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777002966"},"modified":"2026-04-23T00:07:21","modified_gmt":"2026-04-23T03:07:21","slug":"grand-korea-leisure-casino-sales-up-437-2-in-february","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/grand-korea-leisure-casino-sales-up-437-2-in-february","title":{"rendered":"Grand Korea Leisure casino sales up 437.2% in February"},"content":{"rendered":"\n<p>Grand Korea Leisure Co casino sales reached KRW36.77bn (US$28.3m).<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>South Korea.-&nbsp;<strong>Grand Korea Leisure (GKL)&nbsp;<\/strong>has shared its financial results for February. Casino sales grew 437.2 per cent&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/grand-korea-leisure-casino-sales-down-29-6-in-february\" target=\"_blank\">year-on-year<\/a>&nbsp;from KRW6.85bn (US$5.6m) to KRW36.77bn (US$28.3m).&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/grand-korea-leisure-casino-revenue-up-230-2-in-january\" target=\"_blank\">Month-on-month<\/a>, sales were up 14.6 per cent.&nbsp;<\/p>\n\n\n\n<p>Table-game sales were KRW34.32bn, up 18.1 per cent month-on-month and 524.8 per cent year-on-year. Machine-game sales were just below KRW2.46bn, down 18.6 per cent month-on-month but up 81.7 per cent when compared to last year.<\/p>\n\n\n\n<p>Casino table &#8216;drops&#8217;, the amount paid by customers to purchase chips, reached KRW209.57bn in February, up 153.3 per cent from last year but down 23.1 per cent from January.<\/p>\n\n\n\n<p><strong>Grand Korea Leisure\u2019s&nbsp;<\/strong>revenue for&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/grand-korea-leisure-casino-revenue-up-196-in-2022\" target=\"_blank\">full-year 2022<\/a>&nbsp;was&nbsp;<strong>KRW265.16bn (US$207.23m)<\/strong>, up 196 per cent compared with 2021. Table games revenue was up 221.4 per cent at KRW238.9bn (US$186.7m) while table drop totalled KRW1.99b, up 170 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Grand Korea Leisure Co casino sales reached KRW36.77bn (US$28.3m).<\/p>\n","protected":false},"author":176,"featured_media":19868,"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 February, with casino sales surging 437.2% year-on-year to KRW36.77bn (US$28.3m), primarily driven by a 524.8% increase in table-game sales. This strong monthly performance follows a significant 196% year-on-year revenue growth for the full-year 2022, reaching KRW265.16bn (US$207.23m).","focusai_entities":"Grand Korea Leisure, GKL","focusai_location":"South Korea","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GKL Q1 Outlook?","query":"What are the forward-looking indicators for Grand Korea Leisure's Q1 2023 GGR and NGR, particularly concerning the sustainability of the reported table-game growth trajectory and its impact on enterprise valuation?"},{"label":"Revenue Mix Analysis?","query":"How does the current revenue mix between table games and machine games align with GKL's long-term operational strategy, capital allocation plans, and competitive positioning within the South Korean market?"}],"footnotes":""},"categories":[16338,163],"tags":[17025],"class_list":["post-777002966","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\/777002966","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=777002966"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777002966\/revisions"}],"predecessor-version":[{"id":777002995,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777002966\/revisions\/777002995"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/19868"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777002966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777002966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777002966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}