Grand Korea Leisure Co Ltd (GKL), an operator in South Korea of foreigner-only casinos, has announced a plan aimed at boosting its corporate value.
The company revealed on Thursday that it aims to achieve KRW503.8 billion (US$333.8 million) in annual casino revenue by 2030.
The firm also plans to maintain a total shareholder payout ratio exceeding 40 percent, a minimum threshold for government-funded entities.
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.
The full scheme, dubbed the “Value-up Plan”, was disclosed in a filing to the Korea Exchange.
The company also said it intends to expand its source market for customers, by exploring “emerging markets” such as Taiwan, Thailand, and Mongolia.
Enhancing digital marketing for the group’s mass-market patrons was also outlined as a goal under the plan, via strengthening the features of the group’s ‘Seven Luck’ app.
Kangwon Land Inc, operator of Kangwon Land – the only casino in South Korea that allows local residents to gamble – announced in 2024 a similar plan aimed at boosting its corporate value. The company revealed at the time that it planned to reach a total shareholder payout ratio of 60 percent by 2026.
GKL saw its net profit for full-year 2025 rise 42.4 percent year-on-year, to KRW47.07 billion.
The firm’s aggregate casino sales last year reached KRW425.3 billion, 8.0-percent higher than in 2024.
In February, the casino firm announced a final dividend of KRW354 per share, amounting in aggregate to nearly KRW21.90 billion.
Together with an interim dividend of KRW60 per share, the company said the payout ratio reached 54.4 percent in 2025, up from 46.8 percent in the prior year.
