Grand Korea Leisure falls back into loss in 4Q22 on costs, despite strong revenue growth

Casino revenues stabilize for Korea’s Paradise, GKL in November

South Korean foreigner-only casino operator Grand Korea Leisure (GKL) reported a net loss of KRW8.9 billion (US$7.0 million) in the ...

Cebu Pacific to increase flights between Cebu and Seoul from twice a week to daily

by Newsdesk

18/08/2022

Philippines-based airline Cebu Pacific has announced that flights between Cebu and Seoul in South Korea will be increased from twice ...

South Korea drops quarantine requirement for unvaccinated arrivals

by Newsdesk

08/06/2022

In a further boost to the nation’s foreigner-only casino industry, South Korea will remove a mandatory hotel quarantine requirement for ...

Seoul casinos ordered closed as rising COVID cases force renewed restrictions

Paradise sees revenue freefall in September as foreigner-only casinos continue to struggle against COVID-19

by Newsdesk

06/10/2021

South Korea’s Paradise Co saw its casino revenue plummet in September, falling 84.0% compared with August and 53.6% year-on-year to ...

Grand Korea Leisure extends casino closures until 15 February

Kim Young-san appointed CEO of Grand Korea Leisure

by Newsdesk

23/08/2021

Grand Korea Leisure (GKL), South Korea’s state-controlled, foreigner-only casino operator, has announced the appointment of Kim Young-san as its new ...

Tag: Seoul