During the first half of 2019, Universal Entertainment’s net sales rose 12.9% as they totalled €441.5 million, boosted by the Okada Manila.
Japan.- All segments at the Okada Manila resort were a key factor for Universal Entertainment’s sales. The company revealed its results for the first half and reported double-digit growth.
During the first half of 2019, Universal Entertainment’s net sales rose 12.9% as they totalled €441.5 million. The company explained that increased guests at the Okada Manila helped its figures. Furthermore, growth in VIP, mass-market table games and machines drove numbers up as well.
The IR business net sales rose 45.2% year-on-year to €264.2 million. Furthermore, hotel room occupancy rate was “extremely high”, as the average daily room rate was about 10,000.
Universal has also released a number of titles to innovate in its Pachinko business.
“These activities demonstrate how Universal Entertainment is taking on the challenge of responding to changes in the business climate. The aim is to adapt with flexibility and speed to changes in the market and development environment due to the enactment of revised rules. The ultimate objective is to create Pachislot and Pachinko titles that will help halls attract more customers,” Universal said.