News

GKL faces ministry inquiry over Seven Luck visitor figures

The Ministry of Culture, Sports and Tourism is examining claims that state-owned casino operator Grand Korea Leisure included potentially fictitious customers in visitor figures reported for 2025.

· 2 min read
Share this article
Follow us on Google
AI Summary
Sign in to listen
GKL
Key Points
Around 395,000 of GKL’s reported 2025 visitors were manually recorded as non-members
The Board of Audit and Inspection referred the matter to the supervising ministry following an on-site examination
GKL says the allegations remain unconfirmed and is cooperating with requests for information

South Korea’s Ministry of Culture, Sports and Tourism is investigating allegations that Grand Korea Leisure overstated visitor numbers at its foreigner-only Seven Luck casinos.

The inquiry concerns approximately 395,000 customers recorded manually by employees during 2025, according to internal data reported by Yonhap News. GKL has said the allegations have not been established and that it is cooperating with the ministry’s request for information.

Of the 1,117,165 visitors GKL reported for 2025, 721,817 entered using membership cards, creating automated records through card readers. The remaining 395,348, or 35.4%, were classified as “no-name” customers who presented passports without registering as members and were entered into the system by staff.

The allegations suggest that some non-existent visitors may have been included through this manual process. However, neither the ministry nor the Board of Audit and Inspection has announced a finding that the figures were falsified.

The Board reportedly conducted an on-site examination in June after receiving a complaint and subsequently referred the matter to the ministry, which has requested supporting data from GKL.

Internal figures cited by Yonhap show the proportion of no-name visitors rising from 25.2% in 2023 to 32% in 2024 and 35.4% in 2025. GKL’s anti-money laundering procedures require customers undertaking activities including purchasing chips at tables, cashing chips or exchanging foreign currency to register and complete verification.

Visitor numbers are used as a quantitative measure in government evaluations of GKL, which is a state-owned enterprise. Separate internal data reportedly showed that its monthly visitor-target achievement rate fell from 91.6% in June to 69.1% in July and the low-60% range in August.

The ministry said it would establish the facts using all available methods and take any necessary measures based on its findings.

The investigation comes during a period of operational investment and revenue growth for GKL. The company recently extended the lease for its Seven Luck Gangnam Coex casino through October 2035 and approved a KRW60-per-share interim dividend. It has also recruited 58 employees following almost 1,500 applications, while July casino revenue increased 6.9% year on year to KRW41.6bn.

Good to know

GKL is the only public enterprise among South Korea’s foreigner-only casino operators

Reaction Board

News Analysis

View All
Belatra

Think global, play local: How player preferences are driving iGaming

Global Gaming Insider speaks with the Belatra team about localisation, regional player preferences and the trends shaping iGaming's future.

12 min read • • By Tim Poole
rob jones brazil

Rob Jones: What Brazil can learn from Spain, Italy and the Netherlands

The regulatory expert, a previous CLO and director at Entain, Pinnacle, Playnetic and more, says he advised caution about entering Brazil. But he remains optimistic about the country’s long-term betting future.

13 min read • • By Tim Poole
ntiacombined

NTIA Panel: The casino industry’s economic impact in times of uncertainty

The NTIA, in association with the BGC and Hippodrome Casino, explores the economic and social contribution of Britain's casinos, the potential impact of changes to Machine Games Duty and societal contributions beyond gaming.

6 min read • • By Will Underwood

In The News

View All