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Okada Manila posts 68 percent increase in GGR in March


Tiger Resort, the operating company for Okada Manila, reported a 68 percent increase in gross gaming revenue for the month of March 2019, due mainly to a recovery in domestic and international players following Chinese New Year.

Said gross gaming revenue came in at P3.3 billion (US$63.9 million) in the month, while adjusted segment EBITDA reached P509 million, increasing 266 percent.

UEC said the increase in players brought increased volumes in VIP rolling, mass table drop and gaming machine handle.

A new VIP junket was also added in March, resulting in a further increase in VIP rolling.

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