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Universal Entertainment returned to profit in Q2 2026, reporting JPY62 million ($392,000) in net income after a JPY9.87 billion loss a year earlier. However, weaker performance at Okada Manila continued to weigh on the integrated resort division.
Good to Know
- Universal Entertainment posted a JPY62 million Q2 profit.
- Okada Manila casino GGR fell 14.7% to PHP6.06 billion.
- Okada Play launched in May as part of a wider online and land based gaming strategy.
Okada Manila Revenue Falls as Online Strategy Grows
Net sales from the Manila integrated resort business fell 13% to JPY30.13 billion. Adjusted EBITDA dropped 62.5% to JPY2.74 billion, while the division recorded an operating loss of about JPY1.37 billion.
Casino GGR at Okada Manila reached PHP6.06 billion ($98.2 million), down 14.7% from Q2 2025.
Universal Entertainment is responding by putting more focus on digital gaming and non-gaming revenue.
“At Okada Manila, we worked to diversify our revenue base by advancing an omnichannel strategy that integrates online and land-based operations,” the company said.
A central part of that strategy is Okada Play, which Tiger Resort, Leisure and Entertainment launched with PhilWeb in May. The platform gives Okada Manila a regulated digital channel for players in the Philippines and is designed to reach customers beyond the physical resort.
Universal Entertainment said the online platform should help reduce exposure to changes in visitor numbers while opening access to new customer groups. Management is also using large events and cost controls to improve profitability.
Okada Manila remains operated by Tiger Resort, Leisure and Entertainment, a Universal Entertainment subsidiary. The resort also continues to offer its existing Okada Online gaming platform to eligible users located in the Philippines.
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