Thursday, October 22, 2020
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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.

Trending Articles

Hokkaido Attracted Record Number of Tourists in FY2017

New figures show that Hokkaido attracted a record number of tourists in FY2017—56.1 million people—which was a 3% advance over the previous fiscal year.

Aichi Governor Omura Urged to Run for Reelection

A delegation of local mayors has asked Aichi Governor Hideaki Omura to run for reelection when his second term ends next February, a race that will have implications for the potential IR bids of both Tokoname city and Nagoya city.

City of Dreams Manila Opens VR Gaming Facility

Melco Resorts & Entertainment has opened Southeast Asia’s first Bandai Namco Virtual Reality gaming facility at its City of Dreams Manila IR in the Philippines.

Naruto City Wins Legal Case over Boat Race Payments

On Tuesday, the Naruto municipal authorities won a legal case that had been brought against them by local residents who were upset at payments made regarding boat race facilities to the nearby fishing cooperative.

Rush Street Japan Focuses on Tomakomai

In early October, Rush Street Gaming’s Japan branch was quietly established, with the Chicago-based firm currently looking at Tomakomai, Hokkaido, as the main direction for its IR license campaign.