{"id":433,"date":"2019-10-28T11:55:56","date_gmt":"2019-10-28T11:55:56","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=433"},"modified":"2026-04-24T10:15:24","modified_gmt":"2026-04-24T13:15:24","slug":"okada-manila-vip-casino-stands-out","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/okada-manila-vip-casino-stands-out","title":{"rendered":"Okada Manila VIP casino stands out"},"content":{"rendered":"\n<p>Okada Manila VIP gambling business&#8217; <em>\u201cindependence from any Macau VIP operations\u201d<\/em> could aid its sustainability.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Brokerage<em><strong> Union Gaming Securities LLC <\/strong><\/em>suggested in a Tuesday memo summarising its discussions with casino managements; during the recent Global Gaming Expo (G2E) casino trade show and conference in Las Vegas, Nevada, in the United States.<\/p>\n\n\n\n<p>The institution covers the stock of Japanese gaming conglomerate <em><strong>Universal Entertainment Corp;<\/strong><\/em> which is the parent of Okada Manila\u2019s promoter, Tiger Resort, Leisure and Entertainment Inc.<\/p>\n\n\n\n<p>Union Gaming analyst John DeCree wrote regarding Universal Entertainment: <em>\u201cCompany management noted discerning VIP customers and junkets beginning to choose Okada Manila over peers in the market given the size and amenities of its VIP rooms,\u201d <\/em>adding that <em>\u201cthis type of market share gain is sustainable\u201d.<\/em><\/p>\n\n\n\n<p>On October 11 Union Gaming said it was&nbsp;revising upward&nbsp;its estimates for third-quarter 2019 earnings at Universal Entertainment; due to good numbers from Okada Manila. It also reported that gaming machine handle at Okada Manila had risen 33,2% year-on-year for the first nine months of 2019, to nearly \u20ac2 billion.<\/p>\n\n\n\n<p>Furthermore, <em><strong><a href=\"https:\/\/focusgn.com\/okada-manila-ggr-gambling\">casino revenue at Okada Manila&nbsp;rose<\/a><\/strong><\/em> by 46.2%&nbsp;year-on-year; with VIP rolling chip volume up 33,5%, to nearly \u20ac7,08 billion.<\/p>\n\n\n\n<p>Mr DeCree added, <em>\u201cOkada Manila\u2019s independence from any Macau VIP operations has also been a key competitive advantage\u201d.<\/em> He continued, it is also worth highlighting that <em>\u201cwe attribute some of the success to recent updates to the loyalty programme and slot floor management\u201d.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Okada Manila VIP gambling business&#8217; \u201cindependence from any Macau VIP operations\u201d could aid its sustainability.<\/p>\n","protected":false},"author":133,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Okada Manila's VIP gaming segment is demonstrating robust, sustainable growth, attributed significantly to its strategic independence from Macau's VIP market dynamics. Union Gaming Securities LLC's analysis highlights substantial year-on-year increases in gaming machine handle and VIP rolling chip volume, prompting an upward revision of Universal Entertainment Corp.'s Q3 2019 earnings estimates.","focusai_entities":"Okada Manila, Union Gaming Securities LLC, Universal Entertainment Corp, Tiger Resort, Leisure and Entertainment Inc., John DeCree","focusai_location":"Las Vegas, Nevada, United States, Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), compliance_legal (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau VIP Diversification?","query":"Given the reported independence, what specific market segmentation and acquisition strategies is Okada Manila employing to attract VIPs traditionally served by Macau-centric junket operations?"},{"label":"Operational Efficiency Drivers?","query":"Beyond loyalty program enhancements, what operational efficiencies or technological integrations have contributed to the significant year-on-year growth in gaming machine handle and VIP rolling chip volume?"}],"footnotes":""},"categories":[160,28,16333],"tags":[29,128],"class_list":["post-433","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-casino-news","category-south-east-asia-news","tag-casino","tag-philippines"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/433","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/133"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=433"}],"version-history":[{"count":6,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/433\/revisions"}],"predecessor-version":[{"id":777018373,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/433\/revisions\/777018373"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}