South Korean casino operator Grand Korea Leisure (GKL) experienced a substantial revenue boost in March 2025, with casino earnings reaching KRW41.4 billion ($28.2 million).
This represents a remarkable 27.7 percent increase from February and a modest 2.6 percent growth compared to March 2024.
The foreigner-only casino operator saw significant gains across its gaming segments. Table games generated KRW38.4 billion ($26.2 million), jumping 28.2 percent from the previous month, while slot machine revenue climbed 22 percent to KRW3 billion ($2.04 million). These improvements were fueled by a healthy 14.5 percent month-on-month rise in total drop amount, which reached KRW299 billion ($204 million).
First-quarter performance for 2025 has been particularly strong for GKL, with cumulative casino revenue for January through March totaling KRW108.2 billion ($73.8 million)—a 15.6 percent improvement over Q1 2024. Despite this positive trend, the company’s table drop for the quarter stands at KRW826.9 billion ($564 million), reflecting a 9.7 percent year-on-year decline.
March has emerged as GKL’s strongest month of 2025 thus far, mirroring positive results seen across South Korea’s foreigner-only casino sector. Competitors Paradise Co and Lotte Tour have also reported substantial revenue increases during the same period, suggesting broader recovery in the market.
GKL maintains its presence in the Korean gaming landscape through three casino properties operated under the Seven Luck brand, with locations in Seoul and Busan catering exclusively to international visitors.
