The Okada Manila casino resort in the Philippine capital recorded casino gross gaming revenue (GGR) of PHP6.06 billion (US$98.2 million) in the second quarter if 2026, a 14.7-percent decline year-on-year.
That is according to a Tuesday filing by the property’s promoter, Tiger Resort, Leisure and Entertainment Inc.
Adjusted segmental earnings before interest, taxation, depreciation, and amortisation (EBITDA) for Okada Manila (pictured) stood at PHP333 million in the three months to June 30, down 71.1 percent on the prior-year period, showed the latest data.
The second-quarter result saw a 56.2-percent year-on-year fall in VIP table-game revenue, to just over PHP1.00 billion.
However revenue from mass-market tables in the three months to June 30 saw a 8.5-percent year-on-year improvement, at just above PHP2.20 billion. Okada Manila gaming-machine revenue rose 2.7 percent year-on-year, to nearly PHP2.86 billion.
Non-gaming revenue in the April to June period was almost flat, at PHP928 million, versus PHP929 million in the prior-year period.
In recent weeks, Okada Manila has announced steps to strengthen its appeal to domestic and international visitors, including a renewed focus on the Japanese market.
The group also announced the launch of the “Okada Play” online gaming platform in May in partnership with gaming technology provider PhilWeb Corp.
The Tiger Resort entity is a unit of Japanese conglomerate Universal Entertainment Corp. The latter also manufactures pachinko and other amusement machines, mainly for the Japanese market.
