Manila casino up despite lockdowns

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Resorts World Manila saw its gross gambling revenue rise 46 per cent in 3Q21 from the prior quarter, despite the lockdowns in the Philippines.

The property generated P4.9bn ($97.3m) in gross gambling revenue, which was also up 53 per cent from the prior year. The gains were driven by the VIP segment, which saw a jump of 64 per cent from 2Q21 to P4bn.

Mass gaming inched up two per cent quarter-on-quarter to P0.9bin. Hotel revenues rose 77 per cent year-on-year and 21 per cent QoQ, with overall hotel occupancy rates at 79 per cent.

Metro Manila went into lockdown in early August to combat rising cases of the Delta variant. Bloomberry Resorts has said its Solaire Resort and Casino was shut for 41 days out of the 92 in the quarter.

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Resorts World Manila, a unit of Travellers International Hotel Group, is now operating its casino at 90 per cent capacity. The resort’s hotels are permitted to accept leisure stays, while the restaurants are open for indoor dining for vaccinated travellers.

Source: Asia Gaming Brief

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