The parent company of Okada Manila has announced a significant leadership transition, with the departure of its President and Chief Operating Officer Byron Yip.
In a Thursday notice, Tiger Resort, Leisure and Entertainment (TRLEI) – operator of Okada Manila – noted that Yip will continue to oversee daily operations and support the leadership transition ‘through September’. Yip has served with TRLEI for seven years.
Stepping into both the president and COO role is Nobuki Sato, a Senior Executive Officer and Chief Financial Officer of TRLEI parent company Universal Entertainment Corp, and member of the Board of Directors of TRLEI.
The group notes that the leadership transition ‘reflects the company’s ongoing commitment to operational excellence and long-term value creation’.
Speaking of the executive change, Universal Entertainment’s Representative Director Tomohiro Okada noted that “Byron Yip’s leadership has been instrumental in establishing Okada Manila as a leading destination in the region […] We extend our heartfelt appreciation for Byron’s contributions and are pleased that he will continue to support the organization to ensure a seamless transition. We are confident that Nobuki Sato’s proven expertise in operational and financial management will guide Okada Manila into its next phase of strategic growth and innovation”.
TRLEI in July reported that the group saw a 19.63 percent drop in its 2Q25 gross gaming revenue, to PHP7.1 billion ($125.3 million), with decreases in VIP, mass table games, gaming machine revenue and non-gaming revenue.
