Okada Manila sees huge GGR growth for January

Despite plenty of bad press around the Okada name, Okada Manila keeps chugging along. Monday brings some undeniably good news for the Philippines casino, as they report they’ve doubled their January gross gaming revenue (GGR) year over year.

Universal Entertainment Corp, the Japanese gaming company that owns the resort, reported GGR of PHP3.84 billion ($73.7 million) for the first month of the year, improving on PHP1.65 billion in 2018.

VIP players can be thanked for the big bump. “The increase in gross gaming revenue was primarily due to higher win rates in VIP and mass table games; volumes in VIP rolling, mass table drop and gaming machine handle remained strong as well,” the firm reported on Friday. GGR for VIP games alone represented PHP2.29 billion.

Non-VIP revenues also showed very healthy growth. Table games had a 66.9% increase when compared to 2018, and gaming machines brought in a 55.3% increase as well.

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