{"id":777023821,"date":"2025-03-07T09:46:58","date_gmt":"2025-03-07T12:46:58","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777023821"},"modified":"2026-04-22T01:05:11","modified_gmt":"2026-04-22T04:05:11","slug":"grand-korea-leisure-casino-sales-down-in-february","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/grand-korea-leisure-casino-sales-down-in-february","title":{"rendered":"Grand Korea Leisure casino sales down in February"},"content":{"rendered":"\n

Grand Korea Leisure posted casino sales of KRW32.45bn in February.<\/p>\n\n\n\n\n\n\n\n

South Korea.- Grand Korea Leisure (GKL) <\/strong>has shared its financial results for the month of February. The company posted casino sales of KRW32.45bn (US$22.39m). That’s a decrease of 5.5 per cent compared to the previous month and a 3.6 per cent drop in year-on-year terms<\/a>.<\/p>\n\n\n\n

Table-game revenue<\/strong> was KRW29.99bn (US$$20.63m), down 3.8 per cent year-on-year and 4.5 per cent sequentially. Machine game sales<\/strong> were KRW2.46bn (US$1.79m), down 1.4 per cent year-on-year and 19.11 per cent compared to the previous month.<\/p>\n\n\n\n

The table drop fell 2.1 per cent compared to the previous month and 10.4 per cent in year-on-year terms to KRW261.2bn (US$180.26m).<\/p>\n\n\n

\n
\"Grand<\/figure>\n<\/div>\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\n\n

<\/p>\n
<\/p>\n

See also:<\/span> Macau gaming tax revenue up 35%<\/a><\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

Grand Korea Leisure posted casino sales of KRW32.45bn in February.<\/p>\n","protected":false},"author":176,"featured_media":5291,"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 February casino sales of KRW32.45bn, reflecting a 5.5% sequential and 3.6% year-on-year decline. Both table game revenue and machine game sales experienced decreases. The company, a subsidiary of the Korea Tourism Organization, operates three foreigner-only casinos in South Korea 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, Seven Luck","focusai_location":"South Korea, Seoul, Busan, Gangnam","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 Performance Outlook?","query":"Given the sequential and year-on-year declines in February GGR and table drop, what is GKL's projected NGR outlook for Q1, and what specific operational strategies are being implemented to mitigate these trends?"},{"label":"Impact of Leadership Change?","query":"How is the recent appointment of Yoon Doo Hyun as president expected to influence GKL's strategic direction, particularly regarding market expansion, regulatory compliance, or operational efficiency initiatives within its foreigner-only casino segment?"}],"footnotes":""},"categories":[16338,163],"tags":[17025],"class_list":["post-777023821","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\/777023821","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=777023821"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777023821\/revisions"}],"predecessor-version":[{"id":777023853,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777023821\/revisions\/777023853"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/5291"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777023821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777023821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777023821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}