Okada Manila gaming revenues up 26 pct in June

Okada Manila saw a 26 percent increase in gross gaming revenue for the month of June, reaching P3 billion (US$58.9 million). 

The increase was driven by a rise in revenue across all three gaming segments, with VIP revenue rising 10.5 percent, mass table games by 58 percent and gaming machine revenue by 26.8 percent. 

Non-gaming revenue also grew during the month, rising 41.3 percent. 

Adjusted segment EBITDA reached P424 million, up from a loss of P91 million in the prior year period.