Grand Korea Leisure reported net profit of KRW15.09bn for the first quarter, down 6.3% year on year, according to unaudited results filed with the Korea Exchange. Operating income fell 10% to KRW18.15bn, while group-wide sales increased 0.7% to KRW110.65bn and casino sales rose 6% to KRW138.16bn.
GKL’s casino sales rose while operating income and net profit fell, offering investors contrasting signals about quarterly performance.
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South Korean casino operators and tourism academics called for lighter administrative requirements and industry rebranding at a Seoul roundtable, citing concern that MGM Osaka could draw tourists and investment away from Korea. The Osaka resort is expected to open in 2030; estimates cited at the discussion put annual visitors at 7.6 million and overseas visitor spending at $1.9 billion.
Grand Korea Leisure reported May 2026 casino sales of KRW43.13bn, up 40.8% year on year and 7.3% from April, according to Korea Exchange figures. Table-game sales reached KRW38.84bn, while machine-game sales were KRW4.29bn; January-to-May sales totalled KRW189.97bn, 8.5% higher than a year earlier.
South Korean casino operator Grand Korea Leisure reported May sales of KRW43.13 billion, up 40.8% year on year and 7.3% from April, in a filing to the Korea Exchange. Sales for January to May totalled KRW189.97 billion, an 8.5% increase on the same period a year earlier.
It was reported that Grand Korea Leisure’s second-quarter net income reached nearly KRW18.02bn. Earnings rose 6.2% year-on-year and 19.4% compared with the preceding quarter.
Shinhan Investment & Securities expects Paradise’s second-quarter 2026 revenue to exceed $213 million, with operating profit rising 18% to more than $29 million, according to the report. It also forecasts Lotte Tour Development revenue of $131 million, while analysts cited expect Grand Korea Leisure to benefit from increased Chinese visitors.