my timesThe Korea Times

Former Paju mayor to head casino firm

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By Lee Hyo-sik

Former Paju Mayor Ryoo Hwa-sun, 63, has been selected as the new head of the state-run Grand Korea Leisure, the operator of Seven Luck Casino.

The company said Wednesday that it held a shareholders’ meeting and appointed Ryoo the new CEO. He replaces Kwon Oh-nam, who finished his three-year term on July 22.

Ryoo served as a managing editor of the Korea Economic Daily and president of Korea Economic TV.

He graduated from Seoul National University with a degree in sociology.

GKL, 51 percent of which is owned by the Korea Tourism Organization, is the country’s largest foreigner-only casino chain. It operates a casino at the Millennium Seoul Hilton at the foot of Mt. Nam in Seoul, another in southern Seoul and a third in Busan.