Gross gaming revenue (GGR) was up 128.3 per cent year-on-year at the Okada Manila casino resort.<\/p>\n\n\n\n\n\n\n\n
The Philippines.- Universal Entertainment Corp<\/strong> has shared the Q3 financial results for Tiger Resort, Leisure and Entertainment (TRLEI). It reported PHP9.51bn (US$170.78m) in gross gaming revenue (GGR), up 128.3 per cent year-on-year and up from PHP8.96bn<\/strong> (US$142.7m) for the previous three months.<\/a><\/p>\n\n\n\n Mass table games generated PHP2.49bn (US$44.67m), up nearly 200 per cent. Gaming machines generated PHP3.06bn (US$54.89m), up 178 per cent and VIP play PHP3.96bn (US$71m), up 78.2 per cent year-on-year.<\/p>\n\n\n\n Adjusted segmental earnings before interest, taxation, depreciation and amortisation (EBITDA) was PHP2.44bn (US$$43.77m), up 451.2 per cent year-on-year. Total revenue, including hotel operations, food and drink business and entertainment, of PHP10.28bn (US$184.4m), up 141 per cent year-on-year.<\/p>\n\n\n\n Okada Manila was occupied<\/a> by representatives of its founder Kazuo Okada for three months from late May, which delayed the publication of results. Okada Manila reverted to TRLEI<\/a>‘s control on September 5 after a court decision. Okada himself was arrested after returning to the Philippines to face charges of grave coercion<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" Gross gaming revenue (GGR) was up 128.3 per cent year-on-year at the Okada Manila casino resort.<\/p>\n","protected":false},"author":176,"featured_media":25407,"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 robust Q3 financial results, with Gross Gaming Revenue (GGR) up 128.3% year-on-year to PHP9.51bn and adjusted EBITDA surging 451.2% to PHP2.44bn, driven by strong performance across all gaming verticals. These results were released following a three-month operational disruption where the resort was under the control of its founder, Kazuo Okada, before reverting to Tiger Resort, Leisure and Entertainment (TRLEI)'s management in September.","focusai_entities":"Okada Manila, Universal Entertainment Corp, Tiger Resort, Leisure and Entertainment (TRLEI), Kazuo Okada","focusai_location":"The Philippines","focusai_target_profile":"ceo_executive (0.9), regulator (0.85), compliance_legal (0.8), operator_casino (0.9), investor_analyst (0.95), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Q4 Outlook Impact","query":"What is the projected impact of the three-month operational disruption on Okada Manila's Q4 financial performance and full-year guidance, particularly concerning VIP segment recovery and mass market resilience?"},{"label":"Governance Framework Review","query":"What specific enhancements to the corporate governance framework and security protocols has TRLEI implemented to prevent future unauthorized operational takeovers and ensure regulatory compliance?"}],"footnotes":""},"categories":[163,16333],"tags":[8986,24149],"class_list":["post-777000707","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","category-south-east-asia-news","tag-okada-manila","tag-tiger-resorts-and-leisure-and-entertainment"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777000707","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\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777000707"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777000707\/revisions"}],"predecessor-version":[{"id":777000737,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777000707\/revisions\/777000737"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/25407"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777000707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777000707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777000707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}