Okada Manila is shifting its strategy toward mass-market gamblers and regional tourism partnerships as the integrated resort operator looks to recover from an operating loss last year. Parent company Universal Entertainment Corp. said the company expects the Philippine gaming sector to remain...
Tiger Resort, Leisure & Entertainment Inc., the operator of Okada Manila, has tapped leading local gaming service provider PhilWeb Corp. to introduce a new online gaming platform under the brand Okada Play. Under the agreement, PhilWeb will deliver a comprehensive online gaming platform (OGP)...
Tiger Resort, Leisure and Entertainment Inc. (TRLEI), the owner of the integrated resort Okada Manila, reported a decline in both earnings and revenues for the first nine months of 2025, as property visitors continued to decrease. In a regulatory filing, it was reported that TRLEI’s earnings...
Tiger Resort, Leisure and Entertainment, Inc. (TRLEI), the operator of Okada Manila, announced a change in leadership with President and Chief Operating Officer Byron Yip handing over the reins of the company to Nobuki Sato by Sept. 15, 2025. In a statement, Okada Manila said the significant...
Japanese gaming firm Universal Entertainment Corporation reported on the performance of its Philippine unit that owns Okada Manila, providing a sneak peek into the continued struggle of the Philippine integrated resort business. UEC said Okada Manila operator Tiger Resort, Leisure and Entertainment...
In a survey by Pulse Asia, 83 percent of Filipinos prefer brands with eco-friendly operations. While this reflects an interest in environment-safe businesses, all of us must be sustainability changemakers. Sounds heavy? Being one may even require a bit, if not much, of inventiveness. But Filipino...
Tiger Resort, Leisure and Entertainment Inc., (TRLEI) the integrated resort operating under the name Okada Manila, continued to report a drop in both revenues and earnings but showed that quarterly gaps are becoming narrower. TRLEI’s parent company Universal Entertainment Corporation disclosed in...
Okada Foundation Inc. President James Lorenzana has been named the new chairman of Ferronoux Holdings Inc. following the resignation of Michael Cosiquien for Themis Group Corporation to take over control of the company. In a disclosure to the Philippine Stock Exchange, Ferronoux said Abel Almario...
Japanese gaming firm Universal Entertainment Corporation (UEC) expects to end the year with a loss, partly due to the weak VIP market hounding its Philippine integrated resort, Okada Manila, and other casinos operating in the country. In a disclosure to the Tokyo Stock Exchange, UEC said that based...
Themis Group Corporation is taking over control of Ferronoux Holdings Inc. from tycoon Michael Consiquien in a backdoor listing move via an additional subscription of shares and a swap for a P4.31 billion prime property beside Okada Manila. In a disclosure to the Philippine Stock Exchange,...
Tiger Resort Asia Limited (TRAL) has divested its majority stake in publicly-listed Asiabest Group International Inc. (ABG), dashing hopes for the backdoor listing and follow-on offering of integrated resort Okada Manila. In a disclosure to the Philippine Stock Exchange (PSE), ABG stated, “We...
Tiger Resort, Leisure and Entertainment Inc. (TRLEI), the local unit of Japan’s Universal Entertainment Corporation and owner of the Okada Manila integrated resort, is looking to attract more tourists from Japan, South Korea, and Southeast Asian countries to boost both gaming and hotel revenues....
