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Okada Manila Earnings Margin Improving

Okada Manila’s EBITDA margin appears to be improving on operational changes, table pricing and an improvement in non-gaming amenities, Union Gaming wrote in a note.

Okada Gaming Revenue Jumps 29.5%

Okada Manila saw gross gaming revenue (GGR) rise 29.5% in September, with strong gains from both the VIP and mass market segment.

Philippines Looking to Expand Cruise Tourism Industry

The Philippines, which is home to more than 7,600 islands, is aiming to ramp up its cruise tourism industry.

Okada Manila August Revenue Up on VIP Growth

Universal Entertainment has announced that Okada Manila saw a substantial rise in gross gaming revenue in August 2019, driven by a boost in its VIP business.

Okada Manila Opens New Rooms as July Revenue Jumps

Universal Entertainment said Okada Manila is opening more hotel rooms to accommodate visitors as its July revenue spiked 48% from the prior year.

Universal Debuts Slot Innovations Including Multi-Currency

Japan’s Universal Entertainment announced it has introduced two major innovations for slot machines, including a multi-currency option, with both being deployed at its Okada Manila property in the Philippines.

Okada Manila Gaming Revenues Up 26% in June

Okada Manila saw a 26% year-on-year increase in gross gaming revenue for the month of June, reaching 3 billion pisos (about US$60 million).

Okada Manila VIP Revenue Falls 37.7% in May

Philippines IR Okada Manila saw gross gaming revenue fall 6.7% year-on-year in May, due mainly to a sharp fall in VIP table game revenue.

Melco Philippines Delists from Stock Exchange

Melco Resorts and Entertainment Philippines is set to automatically delist from the Philippine Stock exchange today after falling below the minimum threshold of public ownership for more than six months.

Kazuo Okada Fires Back Against Tiger Resort Officials

Embattled gaming mogul Kazuo Okada has fired back against officials of Tiger Resort Leisure and Entertainment Inc., accusing them of conspiring to remove him from his own company, local media reports.

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Wakayama Seminar

Wakayama IR Business Connect Seminar Fully Subscribed

The upcoming Wakayama IR Business-Connect Seminar has been fully subscribed, attracting over 200 companies from the Wakayama as well as greater Kansai Region.

Bloomberry Caught Up in Bangladesh Bank Heist Legal Case

Bloomberry Resorts said its gaming unit has been cited in a US civil case attempting to recover funds stolen from Bangladesh’s central bank.

Government Proposes Voluntary Measures to Combat Gambling Addiction

The central government is proposing new measures to combat the gambling addiction associated with pachinko, horse racing, bicycle racing, etc., but its unwillingness to make any of the new measures legally obligatory is expected to draw criticism from health professionals and other stakeholders.

Tokyo Adopts Revised Tsukiji Redevelopment Plan

The Tokyo Metropolitan Government decided on Friday to adopt the proposed plan for the redevelopment of the former Tsukiji fish market as an entertainment area hosting an international conference center. The initial proposals were revised, however, by emphasizing that “food culture” would be a major theme of the redevelopment.

Galaxy Entertainment Bringing Manchester City Football Club to Japan

Macau-based IR operator Galaxy Entertainment announced on Wednesday that they will sponsor the annual “EuroJapan Cup” for two consecutive years beginning this summer. Within this framework, English Premier League champions Manchester City Football Club will play the Yokohama F. Marinos at Yokohama’s Nissan Stadium on July 27.