Grand Korea Leisure signs 10-year lease for Seoul casino at KRW168.8bn
Grand Korea Leisure (GKL) signed a new 10-year lease for its Seven Luck Casino Gangnam COEX site in Seoul, with rent totalling KRW168.8bn through 4 October 2035. GKL said adjustments may apply under the contract, with the first scheduled for 1 October 2026; separately, it partnered with Gangnam Medical Tour Center on a visitor event at the casino.
The lease secures GKL's Seoul casino premises through 2035 and sets out a rent-adjustment mechanism.