{"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":"2023-11-16T08:30:01","modified_gmt":"2023-11-16T11:30:01","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

Okada Manila posted a gross gaming revenue of PHP12.3bn for the third quarter of the year.<\/p>\n\n\n\n\n\n\n\n

The Philippines.-\u00a0Universal Entertainment Corp\u00a0has recorded\u00a0net sales of\u00a0JPY44.8bn (US$297.5m) for the third quarter of the year. That’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

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

Universal Entertainment’s\u00a0Okada 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

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’s adjusted segment EBITDA was up 45.6 per cent to PHP3.55bn.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

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,"footnotes":""},"categories":[163,16333],"tags":[8986,23686],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011182"}],"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":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011182\/revisions"}],"predecessor-version":[{"id":777011203,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011182\/revisions\/777011203"}],"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}]}}