Okada Manila and PhilWeb said Okada Play generated more than PHP100m in gross gaming revenue in October, about 50% above the previous month. The companies also reported more than 100,000 daily active users; the platform launched in May and offers more than 4,000 titles from over 20 content providers.
Operators and investors can assess Okada Play’s October revenue growth and reported user activity.
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Reportedly, PhilWeb entered a cross-investment agreement worth US$67.4m with JKS Tech Solutions. The arrangement involves a series of transactions between the Philippine gaming platform provider and JKS Tech Solutions.
PhilWeb completed the sale of nearly 61.04 million treasury shares to JKS Tech Solutions for just over PHP1.01bn, at PHP16.50 per share. The transaction, completed on 30 October, forms part of a wider cross-investment arrangement; PhilWeb said the sale proceeds would partly fund its investment in JKS Tech.
Okada Manila recorded ₱7.04bn in gross gaming revenue for the September 2026 quarter, up 0.9% annually. Stronger mass table games partly offset continuing weakness in VIP gaming.
PhilWeb and its wholly owned subsidiary PhilWeb Capital have agreed to invest a combined nearly PHP4.23bn in JKS Tech Solutions in the Philippines, citing PhilWeb's Monday filing. JKS Tech Solutions administers gaming systems and holds accreditation from the country's casino regulator.
Melco is assessing a possible online gaming operation at City of Dreams Manila in the Philippines, citing Seaport Research Partners after discussions with management. Melco has reached no decision on the proposal. Seaport said a digital offering could help the resort compete with rivals that already run online platforms.