Grand Korea Leisure Company Limited | World Casino News

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

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...

Business improves for South Korean casino operator

Adam Morgan

November 8, 2016

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

South Korean casino operator Grand Korea Leisure Company Limited has revealed its third-quarter financial results showing a 20.5% increase year-on-year in total revenues to $117.8 million alongside a 22.9% rise...

South Korea casino firms fearing rumors of reduced Chinese tourist numbers

Adam Morgan

October 25, 2016

Latest Casino and Gambling News, Asian Casino News, South Korea

Shares in South Korean casino operators Paradise Company Limited and Grand Korea Leisure Company Limited have fallen by 5.02% and 6.80% respectively after news emerged early this morning that the Chinese govern...