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GKL enjoys strong spike in casino sales to US$27.6 million in April

Newsdesk by Newsdesk
Wed 6 May 2026 at 15:12
Grand Korea Leisure books US$11.4 million profit in 1Q25 on higher casino sales, better margins
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Korean foreigner-only casino operator Grand Korea Leisure (GKL) has reported solid April results, with casino sales rising 11.1% year-on-year and 25.7% sequentially to KRW40.2 billion (US$27.6 million).

The April figures included a 12.7% increase in table game sales to KRW37.0 billion (US$25.4 million) although machine sales declined 4.6% to KRW3.16 billion (US$2.2 million). Table drop grew by 20.5% year-on-year and by 1.9% month-on-month to KRW345.7 billion (US$238 million).

For the first four months of 2026 combined, GKL’s casino sales have risen by 1.7% to KRW146.8 billion (US$101 million), primarily on stronger growth in machine sales during the first quarter.

GKL is a partially government-owned, publicly traded company of which a majority 51% stake is held by the Korea Tourism Organization (KTO) – a state-owned entity under the Ministry of Culture, Sports and Tourism. The remaining 49% is held by public investors, including institutional and retail shareholders.

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

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Tags: Aprilcasino salesGrand Korea Leisure (GKL)Seven LuckSouth Korea
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Newsdesk

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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