{"id":10779,"date":"2026-05-15T05:27:13","date_gmt":"2026-05-15T05:27:13","guid":{"rendered":"https:\/\/casino-online-best.com\/index.php\/2026\/05\/15\/okada-manila-q1-ggr-falls-17-as-market-pressure-continues\/"},"modified":"2026-05-15T05:27:13","modified_gmt":"2026-05-15T05:27:13","slug":"okada-manila-q1-ggr-falls-17-as-market-pressure-continues","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2026\/05\/15\/okada-manila-q1-ggr-falls-17-as-market-pressure-continues\/","title":{"rendered":"Okada Manila Q1 GGR Falls 17% As Market Pressure Continues"},"content":{"rendered":"<div>\n<p>Okada Manila posted weaker first-quarter gaming revenue from a year earlier, while parent company Universal Entertainment Corp warned that the Philippine casino market remains under pressure.<\/p>\n<hr>\n<p><em><strong>Good to Know<\/strong><\/em><\/p>\n<ul>\n<li><em><strong>Okada Manila Q1 casino GGR fell 17.2% year-on-year to nearly PHP6.47 billion.<\/strong><\/em><\/li>\n<li><em><strong>VIP revenue dropped 19% after a lower win rate.<\/strong><\/em><\/li>\n<li><em><strong>Tiger Resort and PhilWeb have launched the <a href=\"https:\/\/igaming.org\/casino-news\/philweb-launches-okada-play-with-okada-manila\/\">Okada Play<\/a> online gaming platform.<\/strong><\/em><\/li>\n<\/ul>\n<hr>\n<p>Online gaming now sits higher on the agenda for Okada Manila. Universal Entertainment said travel costs tied partly to the Middle East situation have made it harder for some guests to visit the property in person, so the group is focusing on Philippine online gaming services.<\/p>\n<p>That comment came shortly before PhilWeb Corp confirmed the launch of Okada Play with Tiger Resort, Leisure and Entertainment Inc, the Universal Entertainment unit that operates Okada Manila.<\/p>\n<h2>VIP Weakness And Cost Pressure Hit First Quarter<\/h2>\n<p>Okada Manila generated casino GGR of just under PHP6.47 billion, or about $108.1 million, in the first three months of 2026. That was down 17.2% from a year earlier, although GGR rose 9.1% from the fourth quarter of 2025.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/betus\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"BetUS\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/BetUS.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/betus\/\" title=\"BetUS\" target=\"_blank\" rel=\"nofollow\">BetUS<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong><strong>Get 125% \/ $2,500 on 1st deposit!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. 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Mass-market table revenue dropped 24.2% to PHP2.30 billion, while gaming machine revenue declined 8.9% to PHP2.73 billion.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"Mirax Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Mirax-Casino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Mirax Casino\" target=\"_blank\" rel=\"nofollow\">Mirax Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Competition for mass-market players has also become more expensive. Universal Entertainment said:<\/p>\n<p><em>\u201cAgainst the backdrop of structural changes in the VIP market, fierce competition with rivals to acquire mass-market customers continues, driving up customer acquisition costs,\u201d<\/em><\/p>\n<p>Still, the integrated resort segment stayed profitable. Universal Entertainment credited lower fixed costs, reduced selling, general and administrative expenses, lower depreciation after an asset revaluation in the prior fiscal year, and changes to the Okada Manila loyalty programme.<\/p>\n<p>The company expects Philippine gaming competition to get tougher. It also said the Middle East impact could continue beyond the second quarter, leaving online casino growth as a more important route for Okada Manila in 2026.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/okada-manila-q1-ggr-falls-17-as-market-pressure-continues\/\">Okada Manila Q1 GGR Falls 17% As Market Pressure Continues<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Okada Manila posted weaker first-quarter gaming revenue from a year earlier, while parent company Universal Entertainment Corp warned that the Philippine casino market remains under pressure. Good to Know Okada Manila Q1 casino GGR fell 17.2% year-on-year to nearly PHP6.47 billion. VIP revenue dropped 19% after a lower win rate. Tiger Resort and PhilWeb have [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-10779","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/10779","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=10779"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/10779\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=10779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=10779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=10779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}