SectorWire
SearchRegister
MenuClose

GKL says Seoul casino resort plan remains undecided

Business

South Korean operator GKL said it has made no firm decision on developing a casino resort in Seoul. It is preparing to seek a preliminary feasibility study with the Ministry of Economy and Finance on securing its own business site, and said it would disclose further details once confirmed or within one month.

The statement leaves GKL’s potential Seoul development at a feasibility-preparation stage, rather than a confirmed project.

End-of-day close Grand Korea Leisure (114090), KRW, to 6 March 2026
Story date8 December 20256 March 2026

Latest reported results

Grand Korea Leisure KRX: 114090

Quarter ended 30 June 2026

Revenue
KRW 120.45bn

Request a correction

Flag an issue

Keep reading

Results

GKL third-quarter net income falls 52.6% to KRW6.95bn

Grand Korea Leisure reported third-quarter 2026 net income of KRW6.95bn, down 52.6% year on year and 61.4% from the previous quarter. Consolidated sales rose 0.3% year on year to KRW109.67bn, while operating income fell 44.4% to KRW9.62bn; casino sales declined 1.4% to KRW134.64bn.

South Korean casino operator Grand Korea Leisure (GKL) reported third-quarter net income of KRW6.95bn, down 52.6% year on year and 61.4% from the previous quarter. Consolidated sales rose 0.3% year on year to just over KRW109.67bn in the three months to 30 September, but fell 8.9% from the preceding quarter, preliminary results filed with the Korea Exchange showed.

Continue reading