{"id":777011182,"date":"2023-11-16T06:41:17","date_gmt":"2023-11-16T09:41:17","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777011182"},"modified":"2026-04-22T15:32:07","modified_gmt":"2026-04-22T18:32:07","slug":"universal-entertainment-posts-net-sales-of-us297-5m-for-q3","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/universal-entertainment-posts-net-sales-of-us297-5m-for-q3","title":{"rendered":"Universal Entertainment posts net sales of US$297.5m for Q3"},"content":{"rendered":"\n<p>Okada Manila posted a gross gaming revenue of PHP12.3bn for the third quarter of the year.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>The Philippines.-\u00a0Universal Entertainment Corp\u00a0has recorded\u00a0net sales of\u00a0JPY44.8bn (US$297.5m) for the third quarter of the year. That&#8217;s a rise of 38.7 per cent when compared to last year. The company posted a net loss of JPY5.8bn. Adjusted EBITDA grew 63.2 per cent to JPY12.9bn (US$85.7m).\u00a0<\/p>\n\n\n\n<p>Despite a slowdown in pachislot sales, the company saw growth in pachinko machine sales, driving a 58 per cent increase in gross profit for the segment to JPY6.8bn. Overall machine sales rose 43 per cent to 36,762 units.<\/p>\n\n\n\n<p>Universal Entertainment&#8217;s\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/trlei-posts-gross-gaming-revenue-of-us217-7m-for-q3\" target=\"_blank\">Okada Manila<\/a>\u00a0posted a 29.7 per cent year-on-year increase in gross gaming revenue, reaching PHP12.3bn.\u00a0The VIP segment contributed PHP4.4bn, up 7 per cent while mass market play rose 64.6 per cent to PHP4.1bn. Gaming machine revenue rose 24.6 per cent to PHP3.8bn.<\/p>\n\n\n\n<p>VIP rolling chip totalled PHP149.9bn, up 41 per cent year-on-year. Mass table drop reached PHP13.13bn, up 39 per cent. The property&#8217;s adjusted segment EBITDA was up 45.6 per cent to PHP3.55bn.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Okada Manila posted a gross gaming revenue of PHP12.3bn for the third quarter of the year.<\/p>\n","protected":false},"author":176,"featured_media":18988,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Universal Entertainment Corp reported a 38.7% year-on-year increase in Q3 net sales to JPY44.8bn, alongside a JPY5.8bn net loss, driven by strong performance from its integrated resort. Okada Manila significantly contributed, posting a 29.7% GGR increase to PHP12.3bn, with robust growth in both mass market and gaming machine segments. The company's adjusted EBITDA also saw substantial growth, reflecting operational efficiencies despite a slowdown in pachislot sales.","focusai_entities":"Universal Entertainment Corp, Okada Manila","focusai_location":"The Philippines","focusai_target_profile":"ceo_executive (1.0), regulator (0.7), operator_casino (1.0), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Mass Market Growth Drivers","query":"What specific operational or marketing initiatives contributed to the exceptional 64.6% year-on-year growth in Okada Manila's mass market GGR, and are these sustainable?"},{"label":"Pachislot Sales Impact","query":"How does the slowdown in pachislot machine sales impact Universal Entertainment's overall manufacturing segment strategy, and what mitigation efforts are in place given the strong pachinko performance?"}],"footnotes":""},"categories":[163,16333],"tags":[8986,23686],"class_list":["post-777011182","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","category-south-east-asia-news","tag-okada-manila","tag-universal-entertainment"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011182","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=777011182"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011182\/revisions"}],"predecessor-version":[{"id":777040951,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011182\/revisions\/777040951"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/18988"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777011182"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777011182"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777011182"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}