Grand Korea Leisure Reports Mixed Casino Performance for 2024

Published on 6 January 2025

Korean foreigner-only casino operator Grand Korea Leisure (GKL) reported a 4.6% increase in December 2024 casino sales, reaching KRW38.7 billion ($26.35 million), and a 10.7% year-on-year rise. Table games generated KRW35.63 billion ($24.26 million), up 5.6% monthly and 11.5% yearly, while machine gaming revenue fell slightly to KRW3.06 billion ($2.08 million) but rose 2.7% year-on-year.

For 2024, total casino sales dropped 0.9% to KRW393.61 billion ($267.94 million). Table games declined 0.4% to KRW358.73 billion ($244.19 million), and machine revenue fell 6% to KRW34.88 billion ($23.74 million). However, the casino drop for the year rose 7.5% to KRW3.64 trillion ($2.48 billion).

GKL operates its Seven Luck casinos as a quasi-public entity under the Korea Tourism Organization.