{"id":777012235,"date":"2024-01-04T09:52:29","date_gmt":"2024-01-04T12:52:29","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777012235"},"modified":"2026-04-22T14:20:03","modified_gmt":"2026-04-22T17:20:03","slug":"grand-korea-leisure-casino-sales-up-49-8-in-2023","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/grand-korea-leisure-casino-sales-up-49-8-in-2023","title":{"rendered":"Grand Korea Leisure casino sales up 49.8% in 2023"},"content":{"rendered":"\n<p>Grand Korea Leisure has reported casino sales of KRW397.35bn (US$303.8m).<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>South Korea.-&nbsp;<strong>Grand Korea Leisure (GKL)<\/strong>&nbsp;has shared its financial results for the year 2023. The company posted casino sales of KRW265.16bn (US$207.23m), up 49.8 per cent&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/grand-korea-leisure-casino-revenue-up-196-in-2022\" rel=\"noreferrer noopener\">when compared to the previous year<\/a>.<\/p>\n\n\n\n<p>Table-game sales were approximately KRW360.3bn (US$275m), up 50.8 per cent compared to 2022. Machine game sales were KRW37.1bn (US$ 28m), up 41.3 per cent. The drop, the money customers spent on chips for table games and slots, was KRW3.39tn (US$2.6bn), an increase of 70.8 per cent.<\/p>\n\n\n\n<p>In December alone, casino revenue was <strong>KRW34.95bn (US$26.77m),\u00a0<\/strong>up 14.4 per cent year-on-year and 25.3 per cent\u00a0<a href=\"https:\/\/focusgn.com\/asia-pacific\/grand-korea-leisure-casino-sales-down-in-november\" target=\"_blank\" rel=\"noreferrer noopener\">compared to the previous month<\/a>. Table-game revenue was KRW31.97bn, up 12.7 per cent year-on-year and up 28.5 per cent in month-on-month terms. Machine game sales were up by 36.7 per cent year-on-year at KRW2.98bn. This was down 10 per cent on a sequential basis.<\/p>\n\n\n\n<p>GKL&#8217;s casinos received\u00a0<strong>789,825 players in 2023<\/strong>, including over 360,000 Chinese players. The number of Japanese players was 223,526. The company reported\u00a0123,650 VIP players in 2023.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Grand Korea Leisure has reported casino sales of KRW397.35bn (US$303.8m).<\/p>\n","protected":false},"author":176,"featured_media":18170,"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 performance for the fiscal year 2023, achieving casino sales of KRW265.16bn (US$207.23m), marking a 49.8% year-on-year increase. This growth was underpinned by a 70.8% surge in drop to KRW3.39tn, driven by strong engagement from 789,825 players, including significant contributions from Chinese and Japanese VIP segments.","focusai_entities":"Grand Korea Leisure, GKL","focusai_location":"South Korea","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.9), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GKL Market Share","query":"What is GKL's current market share within the South Korean foreigner-only casino segment, and how does this performance benchmark against its direct competitors?"},{"label":"VIP Player Strategy","query":"What specific marketing initiatives or geopolitical factors contributed to the significant increase in Chinese and Japanese VIP player volumes for GKL in 2023, and what is the strategy for sustaining this growth?"}],"footnotes":""},"categories":[16338,163],"tags":[17025,23907],"class_list":["post-777012235","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-grand-korea-leisure","tag-land-based-casino"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012235","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=777012235"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012235\/revisions"}],"predecessor-version":[{"id":777012253,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012235\/revisions\/777012253"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/18170"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777012235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777012235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777012235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}