HomeNewsSouth KoreaGKL February casino sales rise 17.3% year-on-year to $25.8M

GKL February casino sales rise 17.3% year-on-year to $25.8M

Grand Korea Leisure Co. (GKL), a Korea Tourism Organization subsidiary, reported a 17.3 percent year-on-year increase in casino sales for February, driven by robust growth in both table and machine game revenue.

According to the company’s latest financial disclosure, total casino sales for the month reached KRW38.08 billion ($25.8 million), up from KRW32.46 billion ($22 million) in the same period last year. The February performance also represents a 4 percent sequential increase from January’s KRW36.60 billion ($24.8 million).

Table games, which account for the majority of GKL’s casino revenue, generated KRW34.75 billion ($23.6 million) in February, marking a 15.9 percent increase from KRW29.99 billion ($20.3 million) a year earlier.

Month-on-month, table game sales grew 5 percent from January’s KRW33.08 billion ($22.4 million), despite February having three fewer days than the previous month.

Gaming machine sales showed even stronger year-on-year momentum, rising 35 percent to KRW3.32 billion ($2.3 million) from KRW2.46 billion ($1.7 million) in February 2025. However, this segment experienced a 5.4 percent decline compared to the previous month.

On a cumulative basis, GKL’s total casino sales for the first two months of the year reached KRW74.67 billion ($50.6 million), an 11.8 percent increase from KRW66.80 billion ($45.3 million) during the same period last year. 

Cumulative table game sales rose 10.5 percent to KRW67.84 billion ($46.0 million), while gaming machine revenue jumped 26.8 percent to KRW6.84 billion ($4.6 million).

GKL operates foreigner-only casinos in South Korea under the Seven Luck brand and is regarded as a key beneficiary of the rebound in inbound tourism.

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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