{"id":777012446,"date":"2024-01-16T09:58:08","date_gmt":"2024-01-16T12:58:08","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777012446"},"modified":"2026-04-22T13:58:44","modified_gmt":"2026-04-22T16:58:44","slug":"trlei-posts-gross-gaming-revenue-of-us166-8m-for-q4","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/trlei-posts-gross-gaming-revenue-of-us166-8m-for-q4","title":{"rendered":"TRLEI posts gross gaming revenue of US$166.8m for Q4"},"content":{"rendered":"\n<p>TRLEI\u2019s gross gaming revenue was down 24.5 per cent quarter-on-quarter and down 11.2 per cent when compared to the previous year.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>The Philippines.-&nbsp;<strong>Universal Entertainment Corp<\/strong>&nbsp;has shared financial results from Tiger Resort, Leisure and Entertainment (TRLEI) for Q4. The casino operator reported that gross gaming revenue (GGR) was&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/trlei-posts-gross-gaming-revenue-of-us217-7m-for-q3\" rel=\"noreferrer noopener\">down 24.5 per cent quarter-on-quarter<\/a>&nbsp;from PHP12.35bn (US$217.7m) to PHP9.32bn (US$166.8m).&nbsp;<\/p>\n\n\n\n<p>The company also revealed the figure was down 11.2 per cent when compared to the previous year, however, no details were provided regarding the reasons for the change to GGR.<\/p>\n\n\n\n<p>Non-gaming revenue in the fourth quarter was up 13.3 per cent when compared to the previous quarter to PHP1.03bn (US$18.5m). Measured year-on-year, such revenue was down 2.5 per cent.<\/p>\n\n\n\n<p>Adjusted segment earnings before interest, taxation, depreciation, and amortisation (EBITDA) declined by 36 per cent quarter-on-quarter to PHP2.28bn (US$40.9m). Year-on-year, such earnings went down by 19.3 per cent.<\/p>\n\n\n\n<p>For full-year 2023, <strong>the casino operator reported GGR of PHP44.54bn (US$798m) from Okada Manila<\/strong>. The figure was up 29.7 per cent\u00a0<a href=\"https:\/\/focusgn.com\/asia-pacific\/okada-manila-posts-ggr-of-us137m-for-q4\" target=\"_blank\" rel=\"noreferrer noopener\">when compared to the previous year<\/a>. Non-gaming revenue was up 36.3 per cent year-on-year, to just below PHP3.90bn (US$69.9m).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TRLEI\u2019s gross gaming revenue was down 24.5 per cent quarter-on-quarter and down 11.2 per cent when compared to the previous year.<\/p>\n","protected":false},"author":176,"featured_media":27875,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"TRLEI, a subsidiary of Universal Entertainment Corp, reported a significant decline in Q4 2023 GGR and Adjusted EBITDA, down 24.5% and 36% quarter-on-quarter respectively. Despite this Q4 downturn, the casino operator achieved robust full-year 2023 GGR growth of 29.7% and non-gaming revenue growth of 36.3% for its Okada Manila property.","focusai_entities":"Universal Entertainment Corp, Tiger Resort, Leisure and Entertainment (TRLEI), Okada Manila","focusai_location":"The Philippines","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Q4 Decline Factors?","query":"What specific market or operational factors contributed to TRLEI's significant Q4 GGR and EBITDA decline, particularly contrasting with the robust full-year performance?"},{"label":"Regional Market Impact?","query":"How does TRLEI's Q4 performance compare to other integrated resorts in the Philippines, and what are the implications for regional market saturation or competitive pressures?"}],"footnotes":""},"categories":[163,16333],"tags":[8986],"class_list":["post-777012446","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","category-south-east-asia-news","tag-okada-manila"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012446","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=777012446"}],"version-history":[{"count":1,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012446\/revisions"}],"predecessor-version":[{"id":777012447,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012446\/revisions\/777012447"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/27875"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777012446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777012446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777012446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}