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Casino revenue at Grand Korea Leisure up 12% month-on-month to US$28 million in July

Newsdesk by Newsdesk
Wed 6 Aug 2025 at 05:03
Grand Korea Leisure books US$11.4 million profit in 1Q25 on higher casino sales, better margins
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Foreigner-only casino operator Grand Korea Leisure (GKL) continued its recent surge in July, with casino revenue more than doubling year-on-year to KRW39.0 billion (US$28.1 million), also representing a 12.0% improvement over June.

The solid numbers echo similar growth being experienced across the sector, with both Paradise Co and Lotte Tour also reporting rising revenues in recent days.

GKL’s July figures included an 11.9% increase in table games revenue to KRW35.3 billion (US$25.5 million) and a 13.6% increase in machine revenue to KRW3.65 billion (US$2.63 million).

This came on the back of a 12.8% year-on-year increase in drop amount to KRW339.2 billion (US$245 million). Table drop was also 11.6% higher on a sequential basis.

Casino revenue for the first seven months of 2025 combined sits at KRW248.9 billion (US$179 million), up 17.5% on the same period last year.

GKL operates three casinos in South Korea in Seoul and Busan under the Seven Luck brand.

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The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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