Okada Manila

What Okada Manila does

Okada Manila is a luxury integrated resort in Manila's Entertainment City, operated by Tiger Resort, Leisure and Entertainment, Inc. (TRLEI). The single-property destination in Parañaque City spans a casino floor with 3,000+ electronic gaming machines (the largest in the Philippines), accommodation across Deluxe Rooms, 12+ suite categories and five named villas (Villa El Nido, Villa Bohol, Villa Boracay, Tower Villa, Sky Villa), 40+ food and beverage outlets, a 3,000 sqm Retreat Spa, a 30,000 sqm outdoor Garden venue, multiple ballrooms, and The Fountain, a 37,464 sqm WET-designed (Bellagio, Burj Khalifa) choreographed water feature. The company serves four primary customer segments: international VIP gaming high-rollers (notably from China and South Korea), domestic and regional leisure travelers and families, corporate event and MICE clients, and couples or families planning weddings and celebrations.

The business model combines transaction-based casino gaming (table games and EGMs), hotel and villa accommodations, food and beverage (transaction-based), events and weddings (professional services), online gaming via the Okada Play platform powered by PhilWeb Corporation (usage-based), and wellness and spa services (transaction-based). Pricing is denominated in Philippine Pesos and varies by tier — wellness packages range from PHP 888 (foot spa) to PHP 7,999 (Deep Renewal Spa), hotel packages like the Valentine's offering at PHP 11,999/night, and airport transfers at PHP 3,400 (one-way inclusive of VAT, service charge, and tolls). Direct-to-consumer booking via the Okada Manila website (multilingual across English, Chinese, Japanese, Korean, Thai, Vietnamese) is incentivized with up to 18% mobile-rate discounts and complimentary airport transfers. Distribution is anchored at the physical resort with a digital extension through Okada Play; customer retention is driven by the Reward Circle loyalty program and OkadaPay/OKash cashless payment.

FY2025 financials show a clear contraction: total revenue of PHP 31.68 billion declined 19% year-over-year, gross gaming revenue fell 20.1% to PHP 27.81 billion, and EBITDA dropped 44% to PHP 4.27 billion. Q4 2025 accelerated these trends (revenue down 31%, GGR down 34%) on reduced VIP traffic from China and South Korea. In response, the company partnered with PhilWeb in March 2026 to launch Okada Play, a full-stack online gaming platform, alongside the 2025 launches of Okada Online (digital casino) and OkadaPay/OKash (cashless payment). Brand equity remains a strength, with seven consecutive Forbes Travel Guide Five-Star Awards and dual Top 3 distinctions at the Travel + Leisure Luxury Awards Asia Pacific 2026; however, regulatory scrutiny on the Philippines online gaming sector introduces execution risk into the digital pivot strategy.

Name

Okada Manila

Legal name

Tiger Resort, Leisure and Entertainment, Inc.

Website

https://okadamanila.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Okada Manila is a Forbes Five-Star integrated resort in Manila's Entertainment City, operated by Tiger Resort, Leisure and Entertainment, Inc. It combines a 3,000+ EGM casino floor, 40+ F&B outlets, 12+ suite categories and villas, the world's largest multicolored dancing fountain, and the new Okada Play online gaming platform, serving VIP gamers, leisure travelers, corporate clients, and wedding customers.

Ownership category

akta.pro rank

Product category

Integrated Resort / Casino Gaming & Luxury Hospitality

NAICS

Casinos (except Casino Hotels) (71321), Casinos (except Casino Hotels) (713210)

SIC

Services-Amusement & Recreation Services (7900), Services-Miscellaneous Amusement & Recreation (7990)

akta.pro primary industry

Integrated Casino Resorts (Casino + Hotel/Entertainment) (MPAEAAAA)

akta.pro secondary industries

Integrated Casino Resorts (THAGAJAA), Luxury Casino Resorts (THAGACAJ)

Keywords

• Integrated resort
• Casino gaming
• Luxury hospitality
• Hotel accommodations
• Wellness spa services

Headquarters

HQ city

Parañaque

HQ country

Philippines

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain, Technology or R&D

Revenue model

1. Land-Based Casino Gaming: Core revenue stream from casino floor operations including table games and 3,000+ electronic gaming machines. VIP gaming from Chinese and Korean high-roller markets is a key segment but has experienced significant decline (34% GGR drop in Q4 2025).
2. Hotel Accommodations: Revenue from rooms, suites, and villas accommodation. Over 40 suite types and 5 villas available. Direct booking with benefits including complimentary airport transfers and dining discounts.
3. Food and Beverage: Revenue from 40+ dining options including casual restaurants, signature dining, bars and lounges. Promotional campaigns drive dining revenue with up to 20% dining discounts for direct bookings.
4. Events and Weddings: Revenue from corporate events, weddings, and social gatherings across multiple venues including Grand Ballroom, Glass Ballroom, Golden Ballroom, The Garden (30,000 sqm outdoor space), and meeting rooms.
5. Online Gaming (Okada Play): Digital gaming platform Okada Play powered by PhilWeb Corporation to diversify revenue streams and counter declining land-based casino performance.
6. Wellness and Spa Services: Revenue from The Retreat Spa (3,000 sqm), The Sole Retreat foot spa, beauty salon, barbershop, nail art studio, and fitness facilities including Okada PowerFit.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Okada Manila is a luxury integrated resort in Parañaque City's Entertainment City, operated by Tiger Resort, Leisure and Entertainment, Inc. The property combines a 3,000+ electronic gaming machine casino floor, luxury accommodations (rooms, suites, and villas), over 40 dining venues, a 3,000 sqm spa, retail promenade, event venues, and entertainment attractions including The Fountain (the world's largest multicolor dancing water feature at 37,464 sqm). Revenue is diversified across land-based gaming, hotel rooms, F&B, wellness, retail, MICE, and a newly launched online gaming platform (Okada Play).

Product overview

Okada Manila is a Forbes 5-Star luxury integrated resort operating as a unified destination offering gaming, accommodations, dining, entertainment, wellness, retail, and events. Its gaming portfolio includes the land-based casino (Philippines' largest entertainment floor with 3,000+ electronic gaming machines and table games), the newly launched Okada Play online gaming platform, Okada Online digital casino, Reward Circle loyalty program, and OkadaPay/OKash cashless payment system. Entertainment centers on The Fountain (world's largest multicolor dancing water feature at 37,464 sqm) and Okada Manila Entertainment Group (OMEG) shows. Dining spans 40+ options from casual to fine dining. Accommodations range from Deluxe Rooms to luxury villas. Wellness offerings include The Retreat Spa (3,000 sqm), The Sole Retreat, Okada Kids Club, Thrillscape, fitness centers, and multiple pools. Retail includes The Promenade and The Gift Boutique. MICE facilities comprise Grand Ballroom, Glass Ballroom, Golden Ballroom, and other event venues.

Differentiator

Problem solved

Functional benefit

Brands

• Reward Circle: Loyalty/membership program for Okada Manila guests offering gaming rewards, exclusive deals, and promotions
• Okada Play
• Okada Online
• OkadaPay / OKash

Products and services

• Casino Gaming Floor Philippines' largest entertainment floor with 3,000+ electronic gaming machines and table games, offering the country's biggest progressive jackpot. Targeted at gaming patrons including VIP high-rollers and mass-market players.
• Okada Play Online gaming platform powered by PhilWeb Corporation, extending Okada Manila's gaming brand into the digital space with full iGaming platform solution including gaming content, platform technology, customer service, and marketing support. Targeted at online gaming customers to diversify revenue beyond the physical casino.
• Okada Online Digital platform for accessing casino games online, offering entertainment on an all-digital platform. Targeted at online casino players.
• Accommodations (Rooms, Suites, and Villas) Luxury lodging including Deluxe Rooms, Grand Deluxe Rooms, Junior Suites, Premium Suites, Executive Suites, Garden Suites, Manila Bay Suites, Presidential Suites, Celebrity Suites, Senator Suites, Governor Suites, Royal Maisonette Suites, and standalone villas (Villa El Nido, Villa Bohol, Villa Boracay, Tower Villa, Sky Villa). Direct booking benefits include up to 18% mobile discounts and complimentary airport transfers.
• Dining (40+ Restaurants and Bars) Over 40 dining options spanning casual to fine dining, including Enbu, Goryeo, Kiapo, Medley Buffet, Red Spice, La Piazza, Ginza Nagaoka, Kappou Yoshi, Lobby Lounge, Pastry Shop, Okada Lounge, and The Coral Lounge. Promotional dining discounts of up to 20% available for direct bookings.
• The Fountain World's largest multicolor dancing water feature spanning 37,464 square meters (equivalent to 50 Olympic-sized pools), equipped with advanced underwater robots, over 2,000 lights, dozens of high-fidelity speakers, and more than 700 high-power jets. Designed by WET (same team behind Bellagio and Burj Khalifa fountains). Free attraction for resort guests and visitors.
• Okada Manila Entertainment Group (OMEG) Free live entertainment including the Symphony fountain show and Rendezvous stage performances at The Coral Lounge, featuring an international cast and diverse artistic traditions.
• The Retreat Spa 3,000 sqm world-class spa sanctuary featuring grooming, wellness, beauty salon, barbershop, and nail art studio services. Targeted at wellness-seeking guests and resort visitors.
• The Garden 30,000 sqm lush outdoor venue for sunset weddings and events with Manila Bay backdrop, vibrant greenery, and multiple location options.
• Meetings & Events Venues Event spaces including Grand Ballroom, Chairman's Lounge, Cove Manila, Glass Ballroom, Golden Ballroom, and Meeting Rooms for weddings, corporate, and social events. Targeted at corporate clients and event planners.
• Transportation Services Premium airport transfers and city transportation using Toyota GL Grandia and Toyota Camry HEV vehicles, with point-to-point and hourly car hire options. Rates include NAIA and Clark International Airport transfers.
• Reward Circle Loyalty Program Membership program offering gaming rewards, exclusive offers, dining discounts, and benefits across the resort's gaming, dining, stay, and retail experiences. Supports six international contact lines (Hong Kong, Indonesia, Malaysia, Singapore, Taiwan, Thailand, Macau).
• Okada Kids Club Family-friendly indoor fun facility for children featuring imaginative play, creativity activities, and family bonding experiences. Targeted at families with children staying at or visiting the resort.
• Thrillscape Adventure attraction featuring 32 high-energy obstacles combining excitement, skill, and fun for thrill-seeking guests.
• The Sole Retreat High-quality foot spa and reflexology center offering body treatments and grooming services for busy guests.
• Okada PowerFit Fitness center with flexible fitness solutions, cardio and strength equipment, open 24 hours daily at multiple locations. Targeted at health-conscious guests and resort visitors.
• Coral Wing Pool Outdoor pool with sunlit swimming and private casitas for reading and relaxation. Available to resort guests and day visitors.
• The Promenade Retail shopping and dining area featuring diverse outlets for shopping, dining, and services. Targeted at resort guests and walk-in visitors.

Quantifiable outcome

• 19% decline in total revenue to PHP 31.68 billion in 2025
• +3 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• PhilWeb CorporationcoreTechnology or Integration · 19 March 2026PhilWeb Corporation partnered with Tiger Resort, Leisure and Entertainment Inc. (TRLEI), operator of Okada Manila, to launch Okada Play online gaming platform. PhilWeb provides the full iGaming platform solution including gaming content, platform technology, customer service infrastructure, and marketing support to extend Okada Manila's brand into the digital space. This strategic partnership aims to diversify revenue streams and counter declining land-based gaming performance.

Scale indicators15 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Resorts World Manila: Integrated resort near NAIA operated by Travellers International (Genting-backed). Competes with Okada Manila for Filipino mass-market gaming, hotel, and live entertainment spend.
• Solaire Resort & Casino: Direct competitor within Manila's Entertainment City, also a large integrated resort with casino, hotel, dining, and entertainment offerings. Both properties compete for the same VIP, mass-market gaming, and leisure traveler segments in Parañaque.
• City of Dreams Manila: Integrated resort in Entertainment City operated by Melco/Belle Corporation. Directly comparable product mix (casino, hotel, dining, retail, MICE) and same Manila Bay catchment of local and East Asian customers.

Broad incumbents

• Marina Bay Sands: Iconic Singapore integrated resort owned by Las Vegas Sands. Sets the benchmark for premium integrated resort design, non-gaming amenities, and East Asian VIP/MICE demand that Okada Manila also targets.
• The Venetian Macao: Las Vegas Sands' flagship Cotai integrated resort and one of the largest in Asia. Reference point for premium mass-market positioning, MICE scale, and East Asian VIP gaming operations.
• Wynn Palace Macau: Luxury Cotai integrated resort competing for the same mainland Chinese and pan-Asian VIP segments that Okada Manila has historically relied on. Comparable premium positioning and Forbes Five-Star service standards.
• Galaxy Macau: Large-scale Cotai integrated resort with multiple hotel towers, casino, dining, and entertainment. Directly comparable in scale of gaming floor and breadth of non-gaming amenities.
• MGM Resorts International: Global integrated resort operator with flagship properties in Las Vegas and Macau (MGM China). Reference for premium IR operating model, loyalty program design (M life), and multi-property strategy Okada Manila lacks.
• Crown Melbourne: Large Australian integrated resort with casino, hotel, dining, and entertainment under Crown Resorts. Comparable integrated resort business model and premium brand positioning for the broader Asia-Pacific market.

Regional players

• Genting Highlands Resort: Genting-operated integrated resort in Malaysia targeting Southeast Asian leisure and gaming demand. Comparable multi-vertical resort model, though primarily competing for Malaysian/Indonesian/Singaporean visitors rather than Filipino.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/okadamanila
• Facebookfacebook.com/OkadaManilaPH

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Okada Manila