Okada Manila maintains positive momentum in 1Q23 as GGR climbs to US$209 million

Okada Manila maintains positive momentum in 1Q23 as GGR climbs to US$209 million

Article brief provided by Inside Asian Gaming
  • Ben Blaschke, Inside Asian Gaming
April 13, 2023 3:01 PM
  • Ben Blaschke, Inside Asian Gaming

Philippines integrated resort Okada Manila has continued its strong recovery trajectory into 2023, with gross gaming revenue reaching Php11.6 billion (US$209 million) for the three months to 31 March, up 97.0% year-on-year and 10.2% higher than the December 2022 quarter.

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The impressive Q1 result came on the back of increases across all gaming segments, with mass table game GGR up 106% year-on-year to Php3.16 billion (US$57 million) and gaming machine GGR rising by 100% to Php3.91 billion (US$71 million). VIP table games revenue also grew by 77.5% to Php4.51 billion (US$81 million).