{"id":777031181,"date":"2025-09-03T08:39:18","date_gmt":"2025-09-03T11:39:18","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777031181"},"modified":"2026-04-21T19:33:02","modified_gmt":"2026-04-21T22:33:02","slug":"grand-korea-leisure-casino-sales-decrease-in-august","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/grand-korea-leisure-casino-sales-decrease-in-august","title":{"rendered":"Grand Korea Leisure casino sales decrease in August"},"content":{"rendered":"\n<p>Casino sales reached KRW35.08bn in the eighth month of the year.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>South Korea.- <strong>Grand Korea Leisure (GKL) <\/strong>has shared its financial results for the month of August. The company posted casino sales of KRW35.08bn (US$25.2m), down 10 per cent in year-on-year terms and 10 per cent behind <a href=\"https:\/\/focusgn.com\/asia-pacific\/grand-korea-leisure-casino-sales-rise-103-year-on-year\" target=\"_blank\" rel=\"noreferrer noopener\">July<\/a>.<\/p>\n\n\n\n<p><strong>Table-game<\/strong> revenue was KRW31.18bn (US$22.4m), 18.2 per cent behind August 2024\u2019s figures and also down 11.8 per cent compared to July 2025. <strong>Machine game<\/strong> sales were KRW3.90bn (US$2.79m), up 22.8 per cent year-on-year, but 7 per cent down compared to the previous month.<\/p>\n\n\n\n<p>For the <strong>January-August period<\/strong>, aggregate casino sales were up 12 per cent in year-on-year terms to KRW283.93bn (US$203.3m). The casino drop was KRW2.40tn, down 3.7 per cent when compared to last year.<\/p>\n\n\n\n<figure class=\"wp-block-image 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\" \/><figcaption class=\"wp-element-caption\">Grand Korea building.<\/figcaption><\/figure>\n\n\n\n<p>GKL operates three foreigner-only casinos under the Seven Luck brand: two 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<p>In November, the casino operator named&nbsp;Yoon Doo Hyun&nbsp;as president. He served in South Korea\u2019s National Assembly during its 21st term from May 2020 to May 2024 and held the role of&nbsp;senior secretary for public relations&nbsp;at the Office of the President between 2014 and 2015.<\/p>\n\n\n\n<p><br><\/p>\n\n\n<div id=\"see-also-container\">\n\t\t\t<span class=\"see-also-label\">See also:<\/span><\/p>\n<div class=\"related-article\">\n\t\t\t\t<img decoding=\"async\" class=\"related-article__thumbnail\" src=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/09\/d09d06cd-dcb6-4ea0-8395-e1f531f57212-300x200.jpg\" alt=\"\"><\/p>\n<p class=\"related-article__text\">\n\t\t\t\t\t<span class=\"see-also-label-strong\">See also:<\/span> <a href='https:\/\/focusgn.com\/asia-pacific\/south-koreas-paradise-co-casino-revenue-rises-year-on-year-in-august'>South Korea\u2019s Paradise Co casino revenue rises year-on-year in August<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>Casino sales reached KRW35.08bn in the eighth month of the year.<\/p>\n","protected":false},"author":226,"featured_media":777031190,"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 August casino sales of KRW35.08bn, a 10% year-on-year and month-on-month decline, primarily driven by a significant drop in table-game revenue. Despite this, aggregate casino sales for January-August showed a 12% year-on-year increase, indicating mixed performance trends for the foreigner-only casino operator in South Korea.","focusai_entities":"Grand Korea Leisure (GKL), Korea Tourism Organization, Ministry of Culture, Sports, and Tourism, Yoon Doo Hyun, Paradise Co","focusai_location":"South Korea, Seoul, Gangnam, Busan","focusai_target_profile":"ceo_executive (0.9), regulator (0.8), operator_casino (0.9), investor_analyst (0.95), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GKL Q3 Outlook?","query":"What are the projected GGR and NGR trends for Grand Korea Leisure in Q3, considering the August performance and the aggregate Jan-Aug growth?"},{"label":"Table Game Strategy?","query":"What strategic initiatives is GKL implementing to mitigate the significant year-on-year and month-on-month decline in table-game revenue, and how does this align with overall market demand for foreigner-only casinos?"}],"footnotes":""},"categories":[28,16338],"tags":[24619,17025],"class_list":["post-777031181","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-east-asia-news","tag-finance","tag-grand-korea-leisure"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777031181","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\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777031181"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777031181\/revisions"}],"predecessor-version":[{"id":777031193,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777031181\/revisions\/777031193"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777031190"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777031181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777031181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777031181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}