Grand Korea Leisure reports US$294 million in casino sales in FY25

Grand Korea Leisure, the partially state-owned foreigner-only casino operator, has reported an 8.0% year-on-year increase in casino sales in FY25 to KRW425.3 billion (US$294 million).

In a filing, GKL revealed a 7.5% increase in table sales for the year to KRW385.9 billion (US$267 million) and a 13.1% increase in machine sales to KRW39.4 billion (US$27.3 million).

The positive 2025 result was in spite of a poor December, where casino sales declined by 13.0% month-on-month and 6.4% quarter-on-quarter to KRW36.3 billion (US$25.1 million). December included a 7.4% year-on-year fall in table sales to KRW33.1 billion (US$22.9 million) and a 5.6% increase in machine sales to KRW3.23 billion (US$2.2 million).

Drop amount in 2025 grew by 1.5% to KRW3.70 trillion (US$2.56 billion) with December drop rising 1.0% month-on-month and 19.8% year-on-year to KRW330.4 billion (US$229 million).

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

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