Okada Manila Reaches Record High Casino Revenues and Profits in November

Universal Entertainment released financial figures showing that casino revenues at Okada Manila reached a record-high 2.9 billion pisos (US$55.1 million) in November, combined with a record-high EBITDA of almost 528 million pisos (US$10 million) during the same period.

These figures represented a 9% advance in casino revenues and a 42% bump in EBITDA over the October results.

Universal cited improvements in both the VIP and mass market sectors as being behind the positive results.

The hotel occupancy in November also remained robust at 97.4%, only slightly lower than the October figure. (AGB Nippon)