{"id":777026175,"date":"2025-05-08T09:50:30","date_gmt":"2025-05-08T12:50:30","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777026175"},"modified":"2026-04-21T23:10:56","modified_gmt":"2026-04-22T02:10:56","slug":"grand-korea-leisure-casino-revenue-rises-in-april","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/grand-korea-leisure-casino-revenue-rises-in-april","title":{"rendered":"Grand Korea Leisure casino revenue rises in April"},"content":{"rendered":"\n<p>Grand Korea Leisure&#8217;s casino sales were up 11.5 per cent year-on-year.<\/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&nbsp;the month of&nbsp;April. The company posted casino sales of KRW36.17 billion (US$25.9m), up 11.5 per cent&nbsp;in&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/grand-korea-leisure-casino-sales-down-19-7-in-april\" rel=\"noreferrer noopener\">year-on-year terms<\/a> but down 12.7&nbsp;per cent <a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/grand-korea-leisure-casino-revenue-rises-in-march\" rel=\"noreferrer noopener\">sequentially<\/a>.<\/p>\n\n\n\n<p><strong>Table-game revenue<\/strong> was KRW32.86bn (US$23.5m), up 11.7 per cent year-on-year but down 14.5 per cent sequentially.&nbsp;<strong>Machine game sales<\/strong> were KRW3.32bn (US$2.37m), up 10.3 per cent year-on-year and up 10.5 per cent compared to the previous month. The table drop was down 10.2 per cent to KRW286.8bn (US$205m).<\/p>\n\n\n\n<p>For the first four months of the year, casino sales were up 14.5 per cent in year-on-year terms to KRW144.42bn (US$103m). The casino drop was KRW1.11tn (US$808m), down 9.9 per cent when compared to last year.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"600\" src=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/03\/Grand-Korea-Leisure-building-839x600.jpg\" alt=\"Grand Korea Building.\" class=\"wp-image-777023822\" srcset=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/03\/Grand-Korea-Leisure-building-839x600.jpg 839w, https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/03\/Grand-Korea-Leisure-building.jpg 1600w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n<\/div>\n\n\n<p>GKL operates&nbsp;three foreigner-only casinos&nbsp;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.&nbsp;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<p>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)&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/grand-korea-leisure-casino-sales-up-49-8-in-2023\" rel=\"noreferrer noopener\">posted in 2023<\/a>.<\/p>\n\n\n\n<p>In November, the casino operator named\u00a0<strong>Yoon Doo Hyun<\/strong> as president. He served in South Korea&#8217;s National Assembly during its 21st term from May 2020 to May 2024. He held the role of\u00a0<strong>senior secretary for public relations<\/strong>\u00a0at the Office of the President between 2014 and 2015.<\/p>\n\n\n\n<p><\/p>\n\r\n\t\t<div id=\"see-also-container\">\r\n\t\t\t<span class=\"see-also-label\">See also:<\/span>\r\n\t\t\t<div class=\"related-article\">\r\n\t\t\t\t<img decoding=\"async\" class=\"related-article__thumbnail\" src=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2021\/08\/httpswww.ggrasia.com60pct-macau-airport-august-flights-cancelled-operator-300x200.jpg\">\r\n\t\t\t\t<p class=\"related-article__text\">\r\n\t\t\t\t\t<span class=\"see-also-label-strong\">See also:<\/span> <a href='https:\/\/focusgn.com\/asia-pacific\/macau-casino-spend-per-visitor-rises-in-february-analysts-say'>Macau casino spend per visitor rises in February, analysts say<\/a>\r\n\t\t\t\t<\/p>\r\n\t\t\t<\/div>\r\n\t\t<\/div>\r\n\t","protected":false},"excerpt":{"rendered":"<p>Grand Korea Leisure&#8217;s casino sales were up 11.5 per cent year-on-year.<\/p>\n","protected":false},"author":176,"featured_media":32940,"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 an 11.5% year-on-year increase in April casino sales, reaching KRW36.17 billion, despite a 12.7% sequential decline. Year-to-date, GKL's casino sales are up 14.5% to KRW144.42 billion, driven by its three foreigner-only Seven Luck casinos in South Korea. The company, a subsidiary of the Korea Tourism Organization, also recently appointed Yoon Doo Hyun as president.","focusai_entities":"Grand Korea Leisure (GKL), Seven Luck, Korea Tourism Organization, Ministry of Culture, Sports, and Tourism, Yoon Doo Hyun, National Assembly, Office of the President","focusai_location":"South Korea, Seoul, Busan, Gangnam","focusai_target_profile":"ceo_executive (0.9), regulator (0.8), compliance_legal (0.7), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GKL Performance Drivers","query":"What specific market conditions or operational strategies contributed to GKL's 11.5% YoY casino sales growth in April, and what factors led to the sequential decline?"},{"label":"South Korea Gaming Outlook","query":"How does GKL's performance, particularly the divergence between table game and machine game trends, reflect the broader recovery trajectory of the foreigner-only casino segment in South Korea?"}],"footnotes":""},"categories":[16338,163],"tags":[17025],"class_list":["post-777026175","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\/777026175","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=777026175"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777026175\/revisions"}],"predecessor-version":[{"id":777026214,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777026175\/revisions\/777026214"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/32940"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777026175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777026175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777026175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}