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).

The increase was driven by a rise in revenue across all three gaming segments, with VIP revenue rising 10.5%, mass table games by 58% and gaming machine revenue by 26.8%.

Non-gaming revenue also grew during the month, rising 41.3%.

Adjusted segment EBITDA reached 424 million pisos (about US$8.5 million), up from a loss of 91 million pisos (about US$1.8 million) in the prior year period. (AGB)