{"id":777042145,"date":"2026-05-13T11:04:42","date_gmt":"2026-05-13T14:04:42","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777042145"},"modified":"2026-05-13T12:10:46","modified_gmt":"2026-05-13T15:10:46","slug":"grand-korea-leisure-q1-profit-falls-6-3-as-casino-revenue-rises","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/grand-korea-leisure-q1-profit-falls-6-3-as-casino-revenue-rises","title":{"rendered":"Grand Korea Leisure Q1 profit falls 6.3% despite rise in casino revenue"},"content":{"rendered":"\n

Casino sales rose to KRW138.16bn (US$101.2m).<\/p>\n\n\n\n\n\n\n\n

South Korea.- Grand Korea Leisure Co Ltd<\/strong> has released its first-quarter results for the period ended March 31<\/strong>. Based on unaudited filings submitted to the Korea Exchange<\/strong>, group-wide sales for the quarter stood at KRW110.65bn (US$81.0m), reflecting a 0.7 per cent increase year-on-year. Casino sales rose more strongly to KRW138.16bn (US$101.2m), up 6.0 per cent from the same period last year.<\/p>\n\n\n\n

Despite revenue growth, net profit declined 6.3 per cent to KRW15.09bn (US$10.0m), while operating income fell 10.0 per cent to KRW18.15bn (US$13.3m). The group\u2019s casino loss accounts climbed 61.2 per cent year-on-year to KRW21.63bn (US$15.8m) during the quarter.<\/p>\n\n\n\n

The company operates three foreigner-only casinos in South Korea under its Seven Luck brand, with two located in Seoul and one in Busan.<\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> Galaxy Entertainment sees 11% rise in Q1 revenue<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

Casino sales rose to KRW138.16bn (US$101.2m).<\/p>\n","protected":false},"author":2395,"featured_media":19440,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"","focusai_entities":"","focusai_location":"","focusai_target_profile":"","focusai_suggestions":[],"footnotes":""},"categories":[16338,163],"tags":[29],"class_list":["post-777042145","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-casino"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777042145","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\/2395"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777042145"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777042145\/revisions"}],"predecessor-version":[{"id":777042151,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777042145\/revisions\/777042151"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/19440"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777042145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777042145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777042145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}