{"id":15508,"date":"2026-03-20T08:30:00","date_gmt":"2026-03-20T13:30:00","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/?post_type=asia&#038;p=15508"},"modified":"2026-03-19T23:06:57","modified_gmt":"2026-03-20T04:06:57","slug":"after-a-21-8-revenue-drop-okada-manila-bets-on-online-gaming-with-new-digital-platform-in-the-philippines","status":"publish","type":"asia","link":"https:\/\/www.mundovideo.com.co\/en\/asia\/after-a-21-8-revenue-drop-okada-manila-bets-on-online-gaming-with-new-digital-platform-in-the-philippines\/","title":{"rendered":"After a 21.8% Revenue Drop, Okada Manila Bets on Online Gaming with New Digital Platform in the Philippines"},"content":{"rendered":"\n<p>Casino operator Tiger Resort, Leisure and Entertainment, owner of Okada Manila, has announced the launch of <strong>\u201cOkada Play\u201d<\/strong>, an online gaming platform developed in partnership with PhilWeb Corporation, as it responds to declining revenues and mounting pressure on its traditional business model.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/www.mundovideo.com.co\/landing\/multigame-link\/\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"700\" height=\"700\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng.jpg\" alt=\"\" class=\"wp-image-9622\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng.jpg 700w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng-300x300.jpg 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng-150x150.jpg 150w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/a><\/figure>\n\n\n\n<p>The move follows a reported <strong>PHP 34.8 billion in annual revenue<\/strong>, marking a <strong>21.8% year-on-year decline<\/strong>, alongside a <strong>37.7% drop in EBITDA<\/strong>. The VIP segment, historically the most profitable, also contracted by <strong>9.4%<\/strong>, generating approximately <strong>PHP 3.15 billion<\/strong>. This downturn comes despite an increase in foot traffic, with <strong>1.71 million visitors recorded in the fourth quarter<\/strong>, signaling a decline in average spending per player.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.mundovideo.com.co\/mve-ads\/?lang=en\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"575\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/10\/mundo-video-ads-to-attend-g2e-las-vegas-2025-to-strengthen-partnerships-and-boost-brand-visibility-in-the-gaming-industry3.jpg\" alt=\"\" class=\"wp-image-14037\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/10\/mundo-video-ads-to-attend-g2e-las-vegas-2025-to-strengthen-partnerships-and-boost-brand-visibility-in-the-gaming-industry3.jpg 1000w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/10\/mundo-video-ads-to-attend-g2e-las-vegas-2025-to-strengthen-partnerships-and-boost-brand-visibility-in-the-gaming-industry3-300x173.jpg 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/10\/mundo-video-ads-to-attend-g2e-las-vegas-2025-to-strengthen-partnerships-and-boost-brand-visibility-in-the-gaming-industry3-768x442.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/a><\/figure>\n\n\n\n<p>Located in Manila\u2019s Entertainment City, Okada Manila is one of Southeast Asia\u2019s largest integrated resorts, featuring over <strong>1,000 hotel rooms and an expansive casino floor<\/strong>. The operation is currently led by Nobuki Sato, president and COO since 2025, under Japan-based Universal Entertainment Corporation, historically linked to entrepreneur Kazuo Okada.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"562\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/03\/after-a-21-8-revenue-drop-okada-manila-bets-on-online-gaming-with-new-digital-platform-in-the-philippines2.jpg\" alt=\"\" class=\"wp-image-15510\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/03\/after-a-21-8-revenue-drop-okada-manila-bets-on-online-gaming-with-new-digital-platform-in-the-philippines2.jpg 1000w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/03\/after-a-21-8-revenue-drop-okada-manila-bets-on-online-gaming-with-new-digital-platform-in-the-philippines2-300x169.jpg 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/03\/after-a-21-8-revenue-drop-okada-manila-bets-on-online-gaming-with-new-digital-platform-in-the-philippines2-768x432.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<p>Under the agreement, PhilWeb will provide the full technological backbone of the platform, including infrastructure, gaming content, and operational management, while Okada Manila retains regulatory oversight and customer engagement. PhilWeb, now backed by investors led by Crisanto Roy B. Alcid, is expanding its footprint in the B2B online gaming segment.<\/p>\n\n\n\n<p>The deal marks PhilWeb\u2019s <strong>second major partnership with a casino operator<\/strong>, following its earlier agreement with Hann Casino Resort, and comes amid strong market momentum, with the company\u2019s stock rising approximately <strong>92.9% year-to-date in 2026<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"700\" height=\"449\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/03\/after-a-21-8-revenue-drop-okada-manila-bets-on-online-gaming-with-new-digital-platform-in-the-philippines3.jpg\" alt=\"\" class=\"wp-image-15509\" style=\"aspect-ratio:1.5590742996345919;width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/03\/after-a-21-8-revenue-drop-okada-manila-bets-on-online-gaming-with-new-digital-platform-in-the-philippines3.jpg 700w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/03\/after-a-21-8-revenue-drop-okada-manila-bets-on-online-gaming-with-new-digital-platform-in-the-philippines3-300x192.jpg 300w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/figure>\n\n\n\n<p>Across Asia, traditional casino operators are increasingly pivoting toward digital platforms to offset declining VIP revenues and capture broader user bases. In the Philippines\u2014one of the region\u2019s fastest-growing gaming markets\u2014online gaming is expected to become a key revenue driver, supported by favorable regulation and a rapidly expanding digital consumer base.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Casino operator Tiger Resort, Leisure and Entertainment, owner of Okada Manila, has announced the launch of \u201cOkada Play\u201d, an online gaming platform developed in partnership with PhilWeb Corporation, as it responds to declining revenues and mounting pressure on its traditional business model.<\/p>\n","protected":false},"author":1,"featured_media":15511,"menu_order":0,"comment_status":"closed","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[2323,57,2792,2345],"class_list":{"0":"post-15508","1":"asia","2":"type-asia","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-sin-categoria","8":"tag-asia","9":"tag-casinos","10":"tag-manila","11":"tag-philippines","12":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - 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