{"id":777007265,"date":"2023-07-14T07:00:19","date_gmt":"2023-07-14T10:00:19","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777007265"},"modified":"2026-04-22T20:01:29","modified_gmt":"2026-04-22T23:01:29","slug":"trlei-posts-gross-gaming-revenue-of-us207-7m-for-q2","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/trlei-posts-gross-gaming-revenue-of-us207-7m-for-q2","title":{"rendered":"TRLEI posts gross gaming revenue of US$207.7m for Q2"},"content":{"rendered":"\n<p>TRLEI\u2019s gross gaming revenue was up 36.1 per cent year-on-year but down 2.4 per cent sequentially.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>The Philippines.-&nbsp;<strong>Universal Entertainment Corp<\/strong>&nbsp;has shared the financial results of Tiger Resort, Leisure and Entertainment (TRLEI) for Q2. The casino operator posted gross gaming revenue (GGR) of PHP11.29bn (US$207.7m).&nbsp;<\/p>\n\n\n\n<p>The figure was down 2.4 per cent&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/trlei-posts-gross-gaming-revenue-of-us209m-for-q1\" target=\"_blank\">when compared to the previous quarter<\/a>&nbsp;but up 36.1 per cent in year-on-year terms. Adjusted segment earnings before interest, taxation, depreciation, and amortization (EBITDA) fell by 7.8 per cent from the previous quarter to PHP3.07bn (US$56.4m). This was up 39.9 per cent year-on-year.<\/p>\n\n\n\n<p>Total revenue for the second quarter amounted to slightly under PHP12.2bn (US$222.56m), a sequential decrease of 3.2 per cent. However, the figure was up 36.2 per cent when compared to the second quarter of last year.<\/p>\n\n\n\n<p>Other revenue, encompassing hotel operations, food and drink services, retailing and entertainment, experienced a quarter-on-quarter decline of 11.8 per cent to PHP915m.&nbsp;<\/p>\n\n\n\n<p>Okada Manila recorded just over 1.42 million visitors in the second quarter, down 2.7 per cent when compared to the previous quarter but up 35.6 per cent in year-on-year terms.<\/p>\n\n\n\n<p>For full-year 2022, the casino operator reported GGR of PHP34.34bn (US$630.21m) from Okada Manila. The figure was up 81.5 per cent&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/okada-manila-posts-ggr-of-us137m-for-q4\" rel=\"noreferrer noopener\">when compared to the previous year<\/a>.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TRLEI\u2019s gross gaming revenue was up 36.1 per cent year-on-year but down 2.4 per cent sequentially.<\/p>\n","protected":false},"author":176,"featured_media":16973,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Tiger Resort, Leisure and Entertainment (TRLEI) reported Q2 GGR of PHP11.29bn (US$207.7m) for Okada Manila, marking a 36.1% year-on-year increase but a 2.4% sequential decline. Adjusted EBITDA also saw strong year-on-year growth (39.9%) but a sequential decrease (7.8%). Total revenue and visitor numbers followed similar trends, indicating robust annual recovery but some quarter-on-quarter moderation.","focusai_entities":"Universal Entertainment Corp, Tiger Resort, Leisure and Entertainment, TRLEI, Okada Manila","focusai_location":"Philippines","focusai_target_profile":"ceo_executive (1.0), operator_casino (1.0), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Q3 Outlook?","query":"What are the projected GGR and EBITDA trends for TRLEI's Okada Manila in Q3, considering the sequential decline observed in Q2 despite strong year-on-year growth, and what operational adjustments are planned?"},{"label":"Revenue Diversification Strategy?","query":"How is TRLEI planning to mitigate the sequential decline in 'other revenue' (hotel, F&B, retail) to enhance overall revenue diversification and reduce reliance on core gaming verticals?"}],"footnotes":""},"categories":[157,16333],"tags":[8986],"class_list":["post-777007265","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-south-east-asia-news","tag-okada-manila"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007265","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=777007265"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007265\/revisions"}],"predecessor-version":[{"id":777007307,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007265\/revisions\/777007307"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/16973"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777007265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777007265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777007265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}