Mass table drop increased by 5.4 per cent but VIP was down 21.4 per cent
Whilst mass-market table revenue increased in the third quarter, a downturn in VIP revenue at Okada Manila in the Philippines has seen EBITDA fall by 47 per cent over the last nine months
The group’s owner, Tiger Resorts, revealed that the casino generated a 0.9 per cent year-on-year increase in GGR in the third quarter, with mass-market table games revenue increasing by 20 per cent to PHP3.01bn (US$47.8m). Mass table drop increased by 5.4 per cent to US$143m. The operator was hit, though, by a fall in VIP table games, down 21.4 per cent year-on-year to US$18m. Slot machine revenue fell by four per cent to US$45.8m.
Okada Manila was recently named Best Hotel – Manila at the 35th Annual TTG Travel Awards 2026. The recognition highlights the resort’s distinctive combination of hospitality, facilities and experiences designed to give guests more ways to make the most of their stay.
The awards are voted on by travel consultants, tour operators and destination management companies across Asia Pacific. With no preset list of nominees, eligible travel professionals choose the hotel they believe best meets the award criteria, including services and facilities, range of value-added benefits, and the professionalism of the sales and marketing team in innovative ideas and servicing.
“Being named Best Hotel – Manila is especially meaningful because it reflects the complete experience we create for our guests,” said Nobuki Sato, President and Chief Operating Officer of Okada Manila. “Whether guests come to unwind, celebrate, explore new flavors or enjoy time with family, we want every part of their stay to feel considered and memorable. This recognition belongs to our team members, whose dedication brings that experience to life every day.”