Okada Manila reports 17% year-on-year casino revenue decline in Q1 2026
Okada Manila’s latest results showed casino income of about PHP6.47 billion in the first quarter of 2026, down nearly 17% year on year, according to Tiger Resort, Leisure and Entertainment’s filing. EBITDA fell to PHP830 million from PHP1.78 billion, while non-gaming income rose 0.3% to PHP944 million.
Declining casino income and EBITDA, alongside slightly higher non-gaming income, provide operators a performance signal for the Philippine casino market.