{"id":777044917,"date":"2026-07-15T07:14:18","date_gmt":"2026-07-15T10:14:18","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777044917"},"modified":"2026-07-15T09:37:30","modified_gmt":"2026-07-15T12:37:30","slug":"okada-manila-ggr-down-14-7-in-q2","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/okada-manila-ggr-down-14-7-in-q2","title":{"rendered":"Okada Manila GGR down 14.7% in Q2"},"content":{"rendered":"\n

Decline in the VIP segment weighed on revenue, while adjusted EBITDA fell more than 70 per cent.<\/p>\n\n\n\n\n\n\n\n

The Philippines.- Tiger Resort, Leisure and Entertainment (TRLEI), the operator of Okada Manila<\/strong>, has shared financial results for Q2, 2026. Gross gaming revenue (GGR) was down 14.7 per cent in year-on-year terms to PHP6.06bn (US$98.2m). Adjusted segment EBITDA was down 70.8 per cent to PHP322m (US$5.4m).<\/p>\n\n\n\n

VIP table games<\/strong> revenue was PHP1bn (US$16.3m), down 56.2 per cent in year-on-year terms. The property’s average VIP table count was 73, down from 87 a year earlier. Meanwhile, mass table games revenue was up 8.5 per cent at PHP2.20bn (US$35.8m), and gaming machine revenue was up by 2.7 per cent at PHP2.86bn (US$46.4m).<\/p>\n\n\n\n

Non-gaming revenue<\/strong> was steady at PHP928m (US$15.1m). Property visitation increased 4.3 per cent to 1.47 million, while hotel occupancy climbed to 91.4 per cent.<\/p>\n\n\n\n

Earlier this year, PhilWeb Corporation<\/strong>\u00a0and TRLEI launched the\u00a0Okada Play<\/a>\u00a0online gaming platform on the regulated Philippines market. <\/p>\n\n\n\n


<\/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> Maybank expects inflation and lack of VIPs to continue to pressure Philippine casino gaming<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

Decline in the VIP segment weighed on revenue, while adjusted EBITDA fell more than 70 per cent.<\/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's operator, TRLEI, reported a 14.7% year-on-year GGR decline and a 70.8% adjusted EBITDA drop in Q2 2026, primarily driven by a substantial 56.2% decrease in VIP table games revenue. This downturn occurred despite growth in mass market gaming, increased property visitation, and high hotel occupancy, highlighting a significant shift in revenue composition. The company recently launched the Okada Play online gaming platform in the regulated Philippines market.","focusai_entities":"Tiger Resort, Leisure and Entertainment (TRLEI), Okada Manila, PhilWeb Corporation, Maybank","focusai_location":"The Philippines","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.9), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (1.0)","focusai_suggestions":[{"label":"VIP Segment Outlook","query":"What specific strategic initiatives is TRLEI implementing to mitigate the ongoing decline in VIP GGR and attract high-net-worth players amidst regional competition and economic pressures?"},{"label":"Online Platform Impact","query":"How is the Okada Play online gaming platform expected to offset the land-based VIP revenue decline, and what are the projected NGR contributions and player acquisition costs for this new digital vertical?"}],"footnotes":""},"categories":[28,16333],"tags":[29,8986,24804],"class_list":["post-777044917","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-south-east-asia-news","tag-casino","tag-okada-manila","tag-the-philippines"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777044917","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=777044917"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777044917\/revisions"}],"predecessor-version":[{"id":777044942,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777044917\/revisions\/777044942"}],"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=777044917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777044917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777044917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}