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GGRAsia > Newsletter > Newsletter 5 > Overseas patrons help drive GKL’s 2025 net profit up 42pct
HeadlinesLatest NewsNewsletterNewsletter 5Rest of Asia

Overseas patrons help drive GKL’s 2025 net profit up 42pct

Newsdesk Published January 22, 2026
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Grand Korea Leisure Co Ltd (GKL), an operator in South Korea of foreigner-only casinos, saw its net profit for full-year 2025 rise 42.4 percent year-on-year, to KRW47.07 billion (US$32.1 million).

The company reported group-wide sales of nearly KRW422.95 billion last year, 6.7-percent higher than in 2024, according to provisional figures included in a Wednesday filing to the Korea Exchange.

The firm’s aggregate casino sales for full-year 2025 reached KRW425.3 billion, 8.0-percent higher than in 2024, showed data published by Grand Korea Leisure earlier this month.

Operating income for 2025 stood at just above KRW52.64 billion, a 37.4-percent increase from the previous year, while the group’s net income from continuing operations before income tax rose 44.5 percent, to KRW63.13 billion.

“Sales, operating profit, and net income increased due to improved performance driven by an increase in major overseas customers,” stated the casino firm in Wednesday’s filing.

Grand Korea Leisure runs three foreigner-only casinos in South Korea under the Seven Luck brand: two in the capital Seoul, and one in the southern port city of Busan.

The group is a subsidiary of the Korea Tourism Organization, which in turn is affiliated to South Korea’s Ministry of Culture, Sports and Tourism. 

According to previously-disclosed data, the visitor tally for Grand Korea Leisure’s three gaming properties was 788,035 in the first nine months of 2025, up 4.9 percent from a year earlier.

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