• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

GKL appoints Kim Young-San as new CEO

Aug 23, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck  


GKL appoints Kim Young-San as new CEO

Grand Korea Leisure Ltd (GKL), a South Korean operator of foreigner-only casinos, has appointed Kim Young-San as its new chief executive. The appointment was confirmed after an extraordinary shareholders’ meeting on Friday, said the firm in a filing on the same day to the Korea Exchange.

Mr Kim replaces on the post Yoo Tae-Yeol.

Mr Kim was currently vice chairman of the Korea Casino Association, according to information made available by GKL. He took on that post in January 2019.

He is also a former director of the Culture and Arts Policy Office and of the Planning and Coordination Office, two entities under the Ministry of Culture, Sports and Tourism of South Korea.

GKL said in its filing that Mr Kim was appointed on recommendation of the Minister of Culture, Sports and Tourism.

The term of office shall be three years, stated the firm. The filing did not say when would Mr Kim take office.

GKL is a subsidiary of the Korea Tourism Organization, which in turn is affiliated to the Ministry of Culture, Sports and Tourism. The casino-operating entity 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.

GKL reported earlier this month a second-quarter net loss of KRW18.06 billion (US$15.5 million), compared with a loss of nearly KRW23.56 billion in the prior-year period. The company had reported a net loss of about KRW37.43 billion in the first quarter of 2021.


  • tweet
Related articles
  • GKL says no biz lift soon from S.Korea-Japan travel easing
    GKL says no biz lift soon from...

    Jul 01, 2022  

  • Marketing push helps S. Korea foreigner-only casinos: broker
    Marketing push helps S. Korea...

    Jun 10, 2022  

More news
  • Sega Sammy to launch Genesis Crest 43J cabinet in Asia
    Sega Sammy to launch Genesis Crest 43J...

    Jul 01, 2022  

  • Macau monthly GGR for June worst since Sept 2020
    Macau monthly GGR for June worst since...

    Jul 01, 2022  


Latest News

Sega Sammy to launch Genesis Crest 43J cabinet in Asia

Sega Sammy to launch Genesis Crest 43J cabinet in Asia

Jul 01, 2022  

Casino equipment supplier Sega Sammy Creation Inc said in a Friday release it was debuting its Genesis Crest 43J cabinet in Asia. The product will be available at an in-person trade show, G2E Asia:...
Read More
Macau monthly GGR for June worst since Sept 2020

Macau monthly GGR for June worst since Sept 2020

Jul 01, 2022  

Kangwon 2021 average bet 61pct above foreigner casinos

Kangwon 2021 average bet 61pct above foreigner casinos

Jul 01, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


638

Aggregate number of Covid-19 cases in the latest Macau outbreak, as of Thursday-end



Most Popular

  • Macau tells casinos cut on-duty staff by 90pct: reportsMacau tells casinos cut on-duty staff by 90pct: reports July 1, 2022
  • 5-casino Thai market ok says National Assembly committee5-casino Thai market ok says National Assembly committee June 30, 2022
  • GKL says no biz lift soon from S.Korea-Japan travel easingGKL says no biz lift soon from S.Korea-Japan travel easing July 1, 2022
  • Macau monthly GGR for June worst since Sept 2020Macau monthly GGR for June worst since Sept 2020 July 1, 2022
  • Universal hopes Okada Manila biz listed before Sept 30Universal hopes Okada Manila biz listed before Sept 30 June 30, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us