Okada Manila saw its gross gaming revenue climb 26% year-on-year to Php2.48 billion (US$47.6 million) in April, while Adjusted Segment EBITDA soared by 226% as the Philippines integrated resort continues to ramp up operations.
The property saw positive momentum across the board, with mass market revenue up 42.6% to Php679 million (US$13 million) on the back of a 32.8% improvement in table drop. VIP GGR also grew by 20.0% to Php1.12 billion (US$21.5 million) thanks to higher volume and hold.
Adjusted Segment EBITDA climbed from Php97 million in April 2018 to Php314 million (US$6 million).
Okada Manila reported total visitation for the month of 454,202 compared with just over 380,000 12 months earlier.
RelatedPosts
