{"id":777047041,"date":"2026-09-03T11:31:32","date_gmt":"2026-09-03T14:31:32","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777047041"},"modified":"2026-09-03T11:45:27","modified_gmt":"2026-09-03T14:45:27","slug":"grand-korea-leisure-august-casino-revenue-falls-11","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/grand-korea-leisure-august-casino-revenue-falls-11","title":{"rendered":"Grand Korea Leisure August casino revenue falls 11%"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Table-game sales remained GKL\u2019s main revenue source in August, generating KRW27.8bn despite a double-digit annual decline.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">South Korea.- <strong>Grand Korea Leisure (GKL)<\/strong> has reported that it generated KRW31.1bn (US$22.9m) from its casinos in August. Casino revenue declined 11.3 per cent year-on-year and 25.4 per cent from July, according to figures filed with the <strong>Korea Exchange.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Table games accounted for KRW27.8bn (US$20.5m), down 10.8 per cent from August 2025 and 26.9 per cent from the previous month. Machine-game revenue fell 15.4 per cent year-on-year and 9.8 per cent month-on-month to KRW3.3bn (US$2.4m). The casino drop increased 7.2 per cent year-on-year and 5 per cent from July to KRW341.4bn (US$251.2m). <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At property level, <strong>Seoul Dragon City<\/strong> generated KRW12.85bn (US$9.46m), down around 10 per cent year-on-year and 2 per cent from July. The Gangnam venue recorded KRW12.41bn (US$9.13m), a 13.3 per cent annual decline and a 43.1 per cent monthly drop.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For January to August, casino revenue reached almost KRW300bn (US$220.9m), 5.6 per cent higher than the corresponding period of 2025. <a href=\"https:\/\/focusgn.com\/asia-pacific\/gkl-posts-30-5-rise-in-q2-profit-renews-coex-lease\">Second-quarter results<\/a> showed consolidated revenue up 19.3 per cent year-on-year to KRW120.5bn (US$88.7m), while operating profit rose 30.5 per cent to KRW20.8bn (US$15.3m).<\/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\/04\/Paradise-City-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\/paradise-co-casino-revenue-reaches-new-high-in-august\">Paradise Co casino revenue reaches new high in August<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>Table-game sales remained GKL\u2019s main revenue source in August, generating KRW27.8bn despite a double-digit annual decline.<\/p>\n","protected":false},"author":2395,"featured_media":777034095,"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 revenue of KRW31.1bn, marking an 11.3% year-on-year decline, primarily due to decreased table game revenue. Despite this monthly downturn, the casino drop increased, and year-to-date revenue for January-August showed a 5.6% increase, indicating mixed performance trends for the operator. The Q2 results, however, demonstrated robust consolidated revenue and operating profit growth.","focusai_entities":"Grand Korea Leisure, GKL, Korea Exchange, Paradise Co","focusai_location":"South Korea, Seoul, Gangnam","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GKL Revenue Drivers?","query":"What specific factors contributed to GKL's August year-on-year revenue decline, particularly in table games, despite an increase in casino drop?"},{"label":"YTD vs. Monthly Trends?","query":"How does GKL's positive year-to-date revenue growth reconcile with the significant monthly declines observed in August, and what are the implications for Q3 performance projections?"}],"footnotes":""},"categories":[28,16338],"tags":[17025],"class_list":["post-777047041","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-east-asia-news","tag-grand-korea-leisure"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777047041","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=777047041"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777047041\/revisions"}],"predecessor-version":[{"id":777047050,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777047041\/revisions\/777047050"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777034095"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777047041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777047041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777047041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}