{"id":777022604,"date":"2025-02-05T09:57:00","date_gmt":"2025-02-05T12:57:00","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777022604"},"modified":"2026-04-22T02:07:53","modified_gmt":"2026-04-22T05:07:53","slug":"grand-korea-leisure-casino-revenue-rises-in-january","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/grand-korea-leisure-casino-revenue-rises-in-january","title":{"rendered":"Grand Korea Leisure casino revenue rises in January"},"content":{"rendered":"\n

Grand Korea Leisure posted casino sales of KRW34.34bn (US$23.66m).<\/p>\n\n\n\n\n\n\n\n

South Korea.-\u00a0Grand Korea Leisure (GKL)\u00a0<\/strong>has shared its financial results for\u00a0the month of\u00a0January. The company posted casino revenue of KRW34.34bn (US$23.66m), up 75.3 per cent\u00a0in year-on-year terms<\/a> but down 11.3\u00a0per cent compared to the previous month.<\/p>\n\n\n\n

Table-game revenue<\/strong> was KRW31.41bn (US$21.6m), up 90.3 per cent year-on-year but down 11.9 per cent sequentially. Machine game sales<\/strong> were KRW2.93bn (US$2.02m), down 5.1 per cent year-on-year and slightly down compared to the previous month.<\/p>\n\n\n\n

The table drop fell 3.2 per cent when compared to the previous month to KRW266.7bn (US$183.7m). It was down 12.1 per cent in year-on-year terms.<\/p>\n\n\n\n

GKL operates three foreigner-only casinos under the Seven Luck brand. Two are situated in the capital, Seoul (including one in Gangnam), and the other in the southeastern port city of Busan. The company operates as a subsidiary of the Korea Tourism Organization, which is affiliated with the Ministry of Culture, Sports, and Tourism.<\/p>\n\n\n\n

For full-year 2024, GKL posted casino sales of KRW393.61bn (US$267.94m), down 0.9 per cent from KRW265.16bn (US$207.23m) posted in 2023<\/a>.<\/p>\n\n\n\n

In November, the casino operator named Yoon Doo Hyun<\/strong> as president. He served in South Korea\u2019s National Assembly during its 21st term from May 2020 to May 2024. He held the role of senior secretary for public relations<\/strong> at the Office of the President between 2014 and 2015.<\/p>\n","protected":false},"excerpt":{"rendered":"

Grand Korea Leisure posted casino sales of KRW34.34bn (US$23.66m).<\/p>\n","protected":false},"author":176,"featured_media":9746,"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 January casino revenue of KRW34.34bn (US$23.66m), reflecting a 75.3% year-on-year increase but an 11.3% sequential decline. Table-game revenue was the primary driver of YoY growth, while machine game sales saw a modest decrease. The state-affiliated operator, which runs foreigner-only casinos, also reported full-year 2024 sales of KRW393.61bn (US$267.94m) and recently appointed Yoon Doo Hyun as president.","focusai_entities":"Grand Korea Leisure, GKL, Korea Tourism Organization, Ministry of Culture, Sports, and Tourism, Yoon Doo Hyun, National Assembly, Office of the President, Seven Luck","focusai_location":"South Korea, Seoul, Gangnam, Busan","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.9), investor_analyst (0.95), supplier_vendor (0.75), journalist_researcher (0.85)","focusai_suggestions":[{"label":"GKL Q1 2024 Outlook?","query":"What are the projected GGR and NGR trends for Grand Korea Leisure in Q1 2024, considering the sequential decline in January and the reported full-year 2024 sales figures?"},{"label":"Impact of Leadership Change?","query":"How might the appointment of Yoon Doo Hyun, given his political background, influence GKL's strategic direction, regulatory engagement, and market positioning within the South Korean foreigner-only casino segment?"}],"footnotes":""},"categories":[16338,163],"tags":[17025],"class_list":["post-777022604","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\/777022604","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=777022604"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777022604\/revisions"}],"predecessor-version":[{"id":777022622,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777022604\/revisions\/777022622"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/9746"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777022604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777022604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777022604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}