Okada Manila reported a 26% increase in gross gaming revenue to Php3.01 billion (US$58.9 million) and a Php515 million increase in Adjusted EBITDA to Php424 million (US$8.3 million) in June, driven by surging mass volume and good luck across all segments.
Mass table games saw revenue rise 58% to Php787 million, aided by a 15.8% increase in table drop to Php1.60 billion and a particularly high 49.1% win rate, up from 35.9% in June 2018. Slot machine win grew 26.8% to Php813 million.
VIP table drop declined year-on-year from Php54.18 billion to Php47.54 billion, but the segment also played lucky to push revenue up 10.5% to Php1.41 billion.
The June results mean Okada Manila’s GGR for the six months to 30 June 2019 grew 44.7% to Php17.66 billion (US$345.5 million), with a touch over 2.8 million people visiting the property during that period.
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