Grand Korea Leisure casino sales up 17.3% in February

GKL has posted casino sales of KRW38.08bn (US$25.8m) for the second month of the year.

South Korea.- Grand Korea Leisure (GKL) has shared its financial results for the month of February. Casino sales were KRW38.08bn (US$25.8m), up 17.3 per cent in year-on-year terms and 4 per cent month-on-month.

Table-game revenue was KRW34.75bn (US$23.6m), 15.9 per cent ahead of February 2025, and up 5 per cent compared to January. Machine game sales were KRW3.32bn (US$2.3m), up 35 per cent year-on-year, but 5.4 per cent down sequentially.

For the first two months of the year, Grand Korea Leisure reported casino sales of KRW74.67bn (US$50.6m), up 11.8 per cent compared to the January-February period of 2025. Table games accounted for KRW67.84bn (US$46m), a 10.5 per cent year-on-year increase, while machine games brought in KRW6.84bn (US$4.6m), up 26.8 per cent.

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.

Last month, GKL insisted that it has no plans to develop a casino resort in Seoul. The Korea Economic Daily had claimed that the company was preparing to develop its own venue in the capital.

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GKL has posted casino sales of KRW38.08bn (US$25.8m) for the second month of the year. South Korea.- Grand Korea Leisure (GKL) has shared its financial results for the month of February. Casino sales were KRW38.08bn (US$25.8m), up 17.3 per cent in year-on-year terms and 4 per cent month-on-month. Table-game revenue was KRW34.75bn (US$23.6m), 15.9 per…