In the first six months of the year, TRLEI saw its total revenue jump 62% to 24.82 billion P from 15.36 billion P in the same period last year.
This was largely attributed to the strong performance of the casino business, with total game revenue reaching 에22.86 billion, up 60% from 에서14.32 billion a year earlier.
During the same comparison period, VIP wins were £8.94 billion, up 54% from £5.79 billion. Bulk table game wins rose 58 percent faster from £3.72 million to £5.89 billion, while game machine wins rose 60 percent from £4.81 billion to £7.77 billion.
Non-game revenue, which includes hotel operations, food and beverage, retail and entertainment services and other ancillary services, also jumped 89% to 1.95 billion P from 1.04 billion P.
“We see a consistently strong rebound in demand for gaming, leisure and entertainment. We are confident that the market will continue to recover throughout the year and look forward to a healthy top line by the end of 2023,” said TRLEI President Byron Yip.
Okada Manila has been fully operational since February 2022, reopening its integrated casino resort to the public after two years of partial operations due to the pandemic.
Alongside strong growth in revenue, Okada Manila helped drive revenue for Philippine Amuse & Gaming Corporation in the first and second quarters of 2023.
“We are eager to maintain growth momentum for the rest of the year while continuing to strengthen operations in Okada Manila. We are one with the government to help the industry recover and expand faster in the coming years,” Yip said.
Philippine casino giants, including the public sector, recently faced a recession this quarter.
Entertainment City casinos comprising City of Dreams Manila, Newport World Resort, Okada Manila and Solaire fell 4.3% to $43.471 billion (USD 771 million), while Clark casinos fell 5.1% to $7.861 billion (USD 1.139 billion), according to Philippine Amuse and Gaming Corporation (PAGCOR).안전한 카지노사이트
This year, Okada’s parent company, Universal Entertainment, has drawn a lot of attention as it has been in a dispute with U.S. Special Purpose Acquisition Company (SPAC) 26 Capital.