Grand Korea Leisure Co Ltd (GKL), a prominent operator of foreigner-only casinos in South Korea, has announced a strategic overhaul aimed at enhancing its competitiveness amid intensifying regional rivalry. The company plans to leverage its expertise in casino operations and information technology by offering these services to emerging gaming markets. This initiative is part of a comprehensive three-pronged strategy designed to revitalize GKL’s business model.
The specific markets targeted for these services were not disclosed by GKL. However, the company did note that South Korea’s casino industry is expected to face significant competition from upcoming casino developments in Japan and potentially Thailand.
On Friday, GKL, listed on the Korea Exchange …