Philippines integrated resort Okada Manila reported gross gaming revenue of Php3.84 billion (US$76 million) in January, almost identical with the same period in 2019 despite strong volume growth across all gaming segments.
According to figures published by parent company Universal Entertainment on Wednesday, Okada Manila’s January GGR was ultimately suppressed by bad luck in VIP where a win rate of 3.27%, down from 4.60%, offset a 9.7% increase in VIP volume to Php54.46 billion (US$1.01 billion). As a result, VIP win fell 13.0% to Php1.99 billion (US$39.4 million).
The property enjoyed better luck in mass, where a 3.0% increase in table drop to Php1.65 billion translated to an 8.5% boost in mass win to Php853 million (US$16.9 million). Slot machine handle surged by 35.5% to Php16.39 billion with win of Php996 million (US$19.7 million).
Okada Manila enjoyed an 11.5% increase in visitation in January with 526,064 people passing through during the month.
