GKL approves KRW168.80bn COEX casino lease and KRW3.71bn dividend
South Korea’s Grand Korea Leisure approved a lease renewal for its Seven Luck Casino at Gangnam COEX in Seoul, with KRW168.80 billion in rent over the period from 21 August 2026 to 4 October 2035, according to its filing. GKL also approved an interim cash dividend of KRW3.71 billion, or KRW60 per share, for eligible shareholders registered on 27 August, with payment scheduled for 10 September.
The lease secures GKL’s existing COEX casino premises through 2035, while the dividend sets a distribution for eligible shareholders.