{"id":4458,"date":"2020-03-13T09:58:30","date_gmt":"2020-03-13T09:58:30","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=4458"},"modified":"2026-04-24T07:06:05","modified_gmt":"2026-04-24T10:06:05","slug":"okada-manila-gaming-revenues","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/okada-manila-gaming-revenues","title":{"rendered":"Okada Manila posts strong financial results in February"},"content":{"rendered":"\n<p>Casino operator sees GGR jump 38 per cent year on year to PHP3.3 billion (\u20ac57.4 million).<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Philippines.- <a href=\"https:\/\/www.okadamanila.com\/\"><em><strong>Okada Manila<\/strong><\/em><\/a> recorded strong financial results in February, with GGR totalling PHP3.3 billion (\u20ac57.4 million). <\/p>\n\n\n\n<p>While this was down on the figures reported for January, the numbers represent a 38 per cent year on year increase.<\/p>\n\n\n\n<p>Adjusted EBITDA was PHP536 million (\u20ac9.34 million), a year-on-year rise of 48 per cent.<\/p>\n\n\n\n<p>The news come after <a href=\"https:\/\/focusgn.com\/asia-pacific\/coronavirus-okada-manila-restrictions\"><em><strong>the company announced it had implemented measures<\/strong><\/em><\/a> to help combat the spread of Coronavirus. <\/p>\n\n\n\n<p>\u201cWe are now implementing \u2018no-standing and four players only\u2019 in all of our gaming tables. We also have the \u2018one seat apart\u2019 policy in our slot machines. Electronic Gaming Machines across the gaming floor will be sanitized every two hours. Additional hand sanitizers are available in key locations in our gaming area and we frequently sanitize our slot machines\u201d, Senior Vice-President for Premium Marketing, Shirley Tam, said.  <\/p>\n\n\n\n<p>Okada Manila Chief Operations Officer Byron Yip added: \u201cThe safety and well-being of our patrons is our topmost priority. This is why we are implementing these additional measures to prevent the spread of Covid-19 to our Integrated Resort.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Casino operator sees GGR jump 38 per cent year on year to PHP3.3 billion (\u20ac57.4 million).<\/p>\n","protected":false},"author":2,"featured_media":2418,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Okada Manila reported a 38% year-on-year GGR jump to PHP3.3 billion (\u20ac57.4 million) in February, with Adjusted EBITDA rising 48% year-on-year to PHP536 million (\u20ac9.34 million). These strong financial results were achieved despite the implementation of enhanced health and safety protocols to mitigate the spread of Coronavirus within the integrated resort.","focusai_entities":"Okada Manila, Shirley Tam, Byron Yip","focusai_location":"Philippines","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.95), investor_analyst (0.95), supplier_vendor (0.7), journalist_researcher (0.85)","focusai_suggestions":[{"label":"Future GGR Projections?","query":"What are the projected GGR and Adjusted EBITDA growth trajectories for Okada Manila for the remainder of the fiscal year, considering the current operational adjustments and market conditions in the Philippines?"},{"label":"Operational Efficiency Drivers?","query":"Beyond the reported GGR and EBITDA figures, what specific operational efficiencies or market segment shifts contributed most significantly to Okada Manila's 38% year-on-year GGR increase?"}],"footnotes":""},"categories":[160,163,16333],"tags":[29,128],"class_list":["post-4458","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-finance-news","category-south-east-asia-news","tag-casino","tag-philippines"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/4458","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\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=4458"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/4458\/revisions"}],"predecessor-version":[{"id":4472,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/4458\/revisions\/4472"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/2418"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=4458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=4458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=4458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}