• Martes 8 de Enero 2020
Gli
kambi
ESP
POR
betconstruct
Casino

Okada Manila GGR slumps 22% in 2Q24 on decline in VIP gaming table and slot segments

Monday 15 de July 2024 / 12:00

⏱ 1 min read

(Manila).- Tiger Resort, Leisure and Entertainment Inc, the operator of Philippines integrated resort Okada Manila, has reported gross gaming revenue of US$194 million in the three months to 30 June 2024, down 21.8% on significant declines in the VIP and gaming machine segments.

Okada Manila GGR slumps 22% in 2Q24 on decline in VIP gaming table and slot segments

Tiger Resort, Leisure and Entertainment Inc, the operator of Philippines integrated resort Okada Manila, has reported gross gaming revenue of Php11.3 billion (US$194 million) in the three months to 30 June 2024, down 21.8% on significant declines in the VIP and gaming machine segments.

The result was slightly improved on 1Q24 GGR, however.

According to details posted late Friday, Okada Manila generated GGR of Php2.90 billion (US$49.7 million) from VIP gaming tables in 2Q24, down 34.5% year-on-year, while gaming machines fell by 21.8% to Php2.97 billion (US$50.9 million).

Mass gaming tables fell by 3.4% to Php2.97 billion (US$50.9 million), while non-gaming revenue was up by 9.7% to Php1.0 billion (US$17.1 million).

Adjusted segment EBITDA declined by 30.0% year-on-year to Php2.15 billion (US$36.8 million), despite an increase in total property visitors to 1.45 million compared to 1.42 million in 2Q23.

For the first six months of 2024 combined, GGR at Okada Manila is down 23.0% year-on-year to Php17.6 billion (US$301 million) with Adjusted segment EBITDA down 30.0% to Php4.45 billion (US$76.2 million).

Categoría:Casino

Tags: casino,

País: Philippines

Región: Asia

Imagine Live
Digitain
eeze
ALTENAR

Event

SiGMA World 2026

02 de November 2026

SiGMA World 2027: Rome Set to Welcome 35,000 Delegates for Third Edition

(Rome).- The SiGMA World Summit will return to Rome in May 2027, with organizers expecting around 35,000 attendees. Following a successful second edition that attracted 31,000 delegates, the event will expand its international reach, offering new networking opportunities, industry discussions and a broader conference programme.

Tuesday 10 Nov 2026 / 12:00

Novomatic Italia at SiGMA World 2026: The Value of Dialogue to Build the Future of the Sector

(Rome).- SiGMA World 2026 served as a key platform for discussion, knowledge sharing, and in-depth exploration of the core themes driving the evolution of the regulated gaming industry.

Tuesday 10 Nov 2026 / 12:00

Shaping the Future After SiGMA World 2026: iGaming Trends to Watch in 2027, by GR8_TECH

(Limassol).- At SiGMA World 2026, GR8_TECH highlighted key iGaming trends: cheaper AI tech creation, fast execution, and a shift toward personalization and player retention.

Monday 09 Nov 2026 / 12:00

SUSCRIBIRSE

Para suscribirse a nuestro newsletter, complete sus datos

Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.

MÁS CONTENIDO RELACIONADO