HomeNewsSouth KoreaGKL casino sales rise 6.6% year-on-year in January to $25.3M

GKL casino sales rise 6.6% year-on-year in January to $25.3M

Grand Korea Leisure Co. (GKL), a subsidiary of the Korea Tourism Organization, reported a 6.6 percent year-on-year increase in casino sales in January, supported by growth across both table games and gaming machines, according to its latest financial results.

Total casino sales for the month reached KRW36.6 billion ($25.3 million), compared with KRW34.3 billion ($23.7 million) in the same period last year. On a monthly basis, sales edged up 0.8 percent from KRW36.3 billion ($25.1 million) in December.

Table games continued to account for the bulk of casino revenue. Table game sales totaled KRW33.1 billion ($22.9 million) in January, a 5.3 percent year-on-year increase and broadly flat compared with the previous month.

Machine game revenue recorded stronger growth. Sales from gaming machines rose 19.9 percent year-on-year to KRW3.5 billion ($2.4 million), up from KRW2.9 billion ($2 million) a year earlier. Compared with December, machine sales increased 8.7 percent.

The January results reflect steady performance at GKL’s foreigner-only casinos. The company operates three casinos under the Seven Luck brand in Seoul and Busan, serving international visitors.

For FY25, GKL recorded casino sales of KRW425.33 billion ($294.3 million), representing an 8 percent year-on-year increase.

Viviana Chan
Viviana Chanhttps://agbrief.com/
Viviana Chan is an editor, interpreter, and journalist. With over a decade of experience, she writes in English, Chinese, and Portuguese. Viviana started her career in Macau-based newspapers, where she became passionate about the region's social, financial, and cultural development. Her writing focuses on the economy, emerging industries, gaming development, political affairs, and cross cultural-exchange in the business and cultural domains. She is avid for news and eager to discover and cover stories that generate public relevance.

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