Grand Korea Leisure Company Limited

Seoul casino closure possibility for Grand Korea Leisure Company Limited

May 26, 2021

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, South Korea

In South Korea and local casino operator Grand Korea Leisure Company Limited has reportedly been hit by news that the impressive 680-room Seoul hotel housing one of its Seven Luck-branded venues may soon be dem...

Disappointing first-quarter financials for Grand Korea Leisure Company Limited

Adam Morgan

May 11, 2021

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, South Korea

In South Korea and local casino operator Grand Korea Leisure Company Limited has reportedly released its first-quarter financial results showing that its loss for the three-month period had increased by over 35...

Grand Korea Leisure Company Limited extends casino closures to February 1

Adam Morgan

January 18, 2021

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, South Korea

In South Korea and casino operator Grand Korea Leisure Company Limited has reportedly announced that it is to keep its three-strong chain of Seven Luck Casino-branded venues shuttered until February 1 owing to ...

Seoul casinos to remain shuttered until at least January 17

Adam Morgan

January 4, 2021

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, South Korea

The four foreigner-only casinos located in and around the South Korean capital of Seoul are reportedly set to remain closed for at least another two weeks after local authorities extended a range of strict coro...

Three-year license extension for South Korea’s Kangwon Land Incorporated

Adam Morgan

December 30, 2020

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Licenses, South Korea

The government of South Korea has reportedly granted Kangwon Land Incorporated a three-year license extension so as to allow the company to continue running the nation’s prestigious Kangwon Land Casino until th...

Grand Korea Leisure Company Limited extends casino closures

Adam Morgan

December 29, 2020

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, South Korea

South Korean casino operator Grand Korea Leisure Company Limited has reportedly extended the temporary coronavirus-related closure of its three Seven Luck Casino-branded venues for another six days until at lea...

Ominous financial warning from South Korea’s Kangwon Land Incorporated

Adam Morgan

December 8, 2020

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, South Korea

In South Korea and the operator behind Kangwon Land Casino has reportedly detailed that it is expecting to record hefty losses over the next couple of weeks after the government responded to a recent rise in lo...

Seoul casinos ordered to close owing to a rise in coronavirus infections

Adam Morgan

November 23, 2020

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, South Korea

The four foreigner-only casinos located in and around the South Korean capital of Seoul are reportedly set to suspend operations from the early hours of tomorrow morning owing to a recent rise in the number of ...

Coronavirus consequences for Grand Korea Leisure Company Limited

Adam Morgan

October 7, 2020

Latest Casino and Gambling News, Casino News, Casino openings, Gaming Industry News, Economy/Finance, South Korea

South Korean casino operator Grand Korea Leisure Company Limited has reportedly announced that its aggregated gross gaming revenues for September fell by 76.5% year-on-year to approximately $8.12 million as a d...

Kangwon Land Casino to partially re-open from Friday

Adam Morgan

May 7, 2020

Latest Casino and Gambling News, Casino News, Casino openings, Casino closures, Gaming Industry News, Economy/Finance, South Korea

In South Korea and the operator behind the Kangwon Land Casino has reportedly announced that the venue will be partially re-opened from tomorrow after being temporarily shuttered on February 23 as a result of t...

Paradise Company Limited re-opens casinos following coronavirus closures

Adam Morgan

April 20, 2020

Latest Casino and Gambling News, Casino News, Casino openings, Casino closures, Gaming Industry News, Economy/Finance, South Korea

South Korean casino operator Paradise Company Limited has reportedly announced that its four domestic venues have just been re-opened after being temporarily shuttered last month in response to the coronavirus ...

Grand Korea Leisure Company Limited records improved results

Adam Morgan

July 11, 2018

Latest Casino and Gambling News, Economy/Finance, South Korea

South Korean casino operator, Grand Korea Leisure Company Limited, has reportedly released its financial results for the first six months of 2018 showing a 4.1% increase year-on-year in gaming revenues to sligh...

Crown Resorts Limited shareholders class-action lawsuit

Adam Morgan

February 3, 2017

Latest Casino and Gambling News, Australia, Casino News, Fines, Lawsuits & Litigation

In Australia, a group of Crown Resorts Limited shareholders are reportedly set to launch a class-action lawsuit against the casino operator following last year’s arrest of 18 of the Melbourne-based firm’s emplo...

Political scandal entangles South Korean casino operator

Adam Morgan

November 10, 2016

Latest Casino and Gambling News, Crime, South Korea

In South Korea, the ongoing political corruption scandal involving president Park Geun-Hye and under-indictment confidant Choi Soon-Sil has now reportedly ensnared local casino operator Grand Korea Leisure Comp...

Paradise City pre-opening costs hit South Korean operator’s bottom line

Adam Morgan

November 9, 2016

Latest Casino and Gambling News, Economy/Finance, South Korea

A day after Grand Korea Leisure Company Limited reported improved third-quarter financial results and the picture is not as good for fellow South Korean casino operator Paradise Company Limited after it reporte...