Grand Korea Leisure said it is recruiting junket partners for its foreigner-only casinos in South Korea as part of its Value-up Plan. The company is targeting annual revenue of KRW503.8 billion by 2030 and said it has already recruited some partners.
Junket recruitment supports GKL’s foreigner-only casinos and its stated annual revenue target.
The day’s most important stories, free. One email a day.
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.
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 October casino sales of KRW29.3bn, equivalent to US$21.8m, reportedly up 2.5% year on year.
Grand Korea Leisure (GKL) posted October casino sales of KRW29.3 billion (US$21.8 million), up 2.5% year-on-year.
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.
Grand Korea Leisure reported September casino revenue of KRW37.3bn (US$27.7m). The foreigner-only casino operator recorded a 7.2% increase compared with the same month a year earlier.