Grand Korea Leisure (GKL), a South Korean operator of foreigner-only casinos, reported a significant 102.8 percent year-on-year increase in casino sales for July, reaching KRW38.99 billion ($29 million), according to a filing with the Korea Exchange on Tuesday.
The surge represents the strongest monthly performance for the company, with month-over-month growth of 12 percent from June.
The dramatic revenue increase was primarily driven by exceptional table game performance, which generated KRW35.34 billion ($26.3 million) in July—a 113.4 percent jump from the same period last year. Table games also showed steady monthly growth of 11.9 percent compared to June, demonstrating sustained momentum in the sector.
Machine game revenue contributed additional growth to the overall tally, rising 36.9 percent year-on-year to KRW3.65 billion ($2.7 million). Monthly machine sales increased 13.6 percent from the previous month, indicating broad-based strength across all gaming categories.
The July results cap a strong seven-month period for GKL, with cumulative casino sales from January through July reaching KRW248.85 billion ($185.4 million), a 17.5 percent increase compared to the same period in 2024. Table game revenue for the first seven months rose 18.2 percent year-on-year to KRW226.75 billion ($169 million), while machine game sales increased by an identical 18.2 percent to KRW22.1 billion ($16.4 million).
GKL operates three foreigner-only casinos in South Korea under the Seven Luck brand, with two locations in Seoul and one in Busan. The company functions as a subsidiary of the Korea Tourism Organization, which operates under the Ministry of Culture, Sports and Tourism, positioning it as a key component of South Korea’s tourism infrastructure.
