Content Writer: Janice Chew • Wednesday, 25/10/2025 - 16:17:22 - PM
In September 2025, Grand Korea Leisure (GKL) posted casino revenues of KRW 34.78 billion (≈ USD 25 million), reflecting a modest 0.8 percent decline from August but a 1.4 percent gain compared to September 2024. While table-game revenue held relatively firm—showing a slight month-on-month rise of 0.6 percent—machine-game turnover fell sharply, down 12.4 percent from August. Compared year-on-year, machine gaming actually showed strong growth (up 26 percent), offsetting some pressure on the table side.
For the first nine months of 2025, GKL’s cumulative casino sales reached KRW 318.71 billion, marking a 10.9 percent year-on-year increase. Within that total, table games accounted for KRW 289.3 billion (up 10.6 percent) and machine games KRW 29.4 billion (up 13.9 percent). Despite the slight sequential dip in September, the year-to-date performance underscores GKL’s ability to weather month-to-month volatility.
GKL operates under South Korea’s “foreigner-only” casino regime with three Seven Luck casinos in Seoul (including Gangnam) and Busan, and is a subsidiary of the Korea Tourism Organization. The company’s steady performance amid a cooling machine segment suggests reliance on table gaming’s resilience, as well as the ability to benefit from broader tourism stimulus. With South Korea recently launching a visa-free pilot scheme for Chinese group travelers from Sept 29 to June 2026, GKL may be well positioned to capture incremental inbound tourist demand in coming months.
