Okada Manila Q1 revenue drops 42 percent

Tiger Resort, Leisure and Entertainment reported that revenue from Okada Manila dropped 42 percent in Q1 amidst ongoing restrictions to Manila’s casinos.

Revenue was PHP5.2 billion, down from PHP9.1 billion, while EBITDA came in at PHP692 million from PHP1.06 billion.

Tiger is a unit of Japan’s Universal Entertainment.

Company filing