The latest results from Okada Manila reinforce a growing reality in Asia’s gaming sector—traditional integrated resort models are under increasing pressure.
In the three months to 31 March 2026, Okada Manila reported gross gaming revenue (GGR) of Php6.47 billion (US$108 million), representing a 17.2% year-on-year decline, according to operator Tiger Resort, Leisure and Entertainment Inc (TRLEI).
While this marked a sequential improvement from Php5.93 billion (US$99.7 million) in the previous quarter, the broader trend remains clearly downward.
The Philippine gaming landscape is entering a new phase of digital acceleration—and PhilWeb Corporation’s latest results offer one of the clearest indicators of this shift.
In the three months ending 31 March 2026, PhilWeb reported net income after tax of Php13.9 million (US$232,000), reversing a Php25.5 million (US$426,000) loss in the same period last year. This turnaround was driven by its expanding role as a technology and platform provider to online gaming operators across the Philippines.
Hong Kong has taken a surprisingly cautious step by suspending plans to introduce regulated basketball betting—highlighting a deeper concern that goes beyond gambling itself: the rapid rise of prediction markets.
The move, tied to the city’s regulated betting ecosystem led by the Hong Kong Jockey Club, reflects a strategic decision to pause and reassess, rather than rush into a fast-evolving and potentially risky landscape.
South Korea is taking a non-traditional, incentive-driven approach to combat illegal betting—one that could reshape how governments tackle underground gambling ecosystems across Asia.
The latest move by Korea Sports Leisure Co. Ltd. introduces a rewards-based reporting system designed to mobilize the public in identifying illegal sports gambling networks.
Vietnam is quietly positioning itself as Southeast Asia’s next emerging gaming and tourism powerhouse. The latest signal? A reported plan to redevelop the aging Do Son Casino in Hai Phong into a modern US$85 million integrated resort (IR)—and now, more details reveal this is far more than a simple upgrade.
Author: Janice Chew • Wednesday, 15/04/2026
