{"id":777040520,"date":"2026-04-15T07:44:56","date_gmt":"2026-04-15T10:44:56","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777040520"},"modified":"2026-04-21T12:32:31","modified_gmt":"2026-04-21T15:32:31","slug":"okada-manila-ggr-down-17-in-q1","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/okada-manila-ggr-down-17-in-q1","title":{"rendered":"Okada Manila GGR down 17% in Q1"},"content":{"rendered":"\n

Declines across VIP and mass segments weighed on revenue, while EBITDA fell sharply amid softer gaming volumes.<\/p>\n\n\n\n\n\n\n\n

The Philippines.- Tiger Resort, Leisure and Entertainment (TRLEI), the operator of Okada Manila<\/a>, has shared financial results for Q1, 2026. Gross gaming revenue (GGR) was down 17.2 per cent in year-on-year terms to PHP6.47bn (US$108.1m). In quarter-on-quarter terms<\/a>, GGR was up by 9.4 per cent.<\/p>\n\n\n\n

Okada Manila saw 1.41 million visitors, compared to 1.40 million in Q1, 2025.\u00a0VIP table games revenue was PHP1.44bn (US$24m), down 19 per cent in year-on-year terms. Mass table games revenue was down 24.2 per cent at PHP2.30bn (US$38.5m), and gaming machine revenue was down by 8.9 per cent at PHP2.73bn (US$45.6m).<\/p>\n\n\n\n

Non-gaming revenue increased by 0.3 per cent year-on-year to PHP944m (US$15.8m). Adjusted segmental earnings before interest, taxation, depreciation and amortisation (EBITDA) stood at PHP830m (US$13.9m), down 53.3 per cent year-on-year. <\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> South Korea\u2019s Paradise Co casino revenue declines in March<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

Declines across VIP and mass segments weighed on revenue, while EBITDA fell sharply amid softer gaming volumes.<\/p>\n","protected":false},"author":226,"featured_media":777025315,"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, operated by TRLEI, reported a 17.2% year-on-year decline in Gross Gaming Revenue (GGR) to PHP6.47bn in Q1 2026, alongside a sharp 53.3% fall in adjusted EBITDA to PHP830m. This performance was primarily driven by significant revenue contractions across VIP, mass table games, and gaming machine segments, despite a slight increase in visitor numbers.","focusai_entities":"Tiger Resort, Leisure and Entertainment (TRLEI), Okada Manila, Paradise Co","focusai_location":"Philippines, South Korea","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Q1 Performance Drivers?","query":"What specific macroeconomic factors or competitive pressures contributed to the significant year-on-year GGR and EBITDA declines across both VIP and mass gaming segments for Okada Manila in Q1 2026?"},{"label":"Future Outlook & Strategy?","query":"Given the sharp EBITDA contraction, what strategic adjustments are TRLEI implementing to mitigate ongoing revenue pressures and enhance profitability in subsequent quarters, particularly concerning gaming vertical performance and non-gaming diversification?"}],"footnotes":""},"categories":[28,16333],"tags":[8986],"class_list":["post-777040520","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-south-east-asia-news","tag-okada-manila"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777040520","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\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777040520"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777040520\/revisions"}],"predecessor-version":[{"id":777040546,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777040520\/revisions\/777040546"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777025315"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777040520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777040520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777040520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}