GKL is monitoring the Busan North Port redevelopment as a possible future site for a casino, chief executive Yoon Doo-hyun said in an interview. The company is also developing AI tools for customer service and operations, with projects expected to restart next year.
A future North Port casino could affect GKL’s venue plans, while its AI work may change customer-service and operational processes.
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Grand Korea Leisure reported September casino sales of KRW37.28 billion, up 7.2% year on year, while casino drop fell 5.2% from August. Third-quarter sales increased 1.1% year on year to KRW110.07 billion, and the group’s nine-month sales rose 5.8% to KRW337.24 billion.
GKL recorded August casino sales of nearly KRW31.11bn in South Korea, citing a Korea Exchange filing. Sales fell 11.3% against the previous August and also declined from the preceding month.
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.
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.
GKL said in a filing to the Korea Exchange that it is targeting annual casino revenue of KRW503.8 billion by 2030. The South Korean casino operator also aims to keep its total shareholder payout ratio above 40% and attract customers from markets including Taiwan, Thailand and Mongolia.