Quarterly Results of TRLEI

1

(Preliminary Report for 4th Quarter of Fiscal Year 2024)

2023

2024 (11)

Unit

4th Quarter

Full Year

4th Quarter

Full Year

VIP (1)

Ending number / Average number of VIP gaming tables

No. of tables

78 / 93

78 / 102

81 / 102

81 / 102

VIP rolling chip volume (2)

Million PHP

126,329

538,738

76,879

342,835

VIP rolling chip win (3)

Million PHP

3,481

16,841

3,154

11,108

VIP rolling chip win rate

%

2.8

3.1

4.1

3.2

Mass Market (4)

Ending number / Average number of mass gaming tables

No. of tables

175 / 176

175 / 178

177 / 187

177 / 187

Mass table drop (5) (10)

Million PHP

40,122

9,525

42,614

Mass online table volume (5)

Million PHP

2,465

25,681

2,008

10,187

Mass table games win - live (3)

Million PHP

2,490

12,436

2,491

10,643

Mass table games win - online (3)

Million PHP

41

426

64

292

Mass table games win rate - live (10)

%

26.9

26.2

25.0

Mass table games win rate - online

%

1.7

1.7

3.2

2.9

Ending number / Average number of gaming machines

No. of machines

2,418 / 2,364

2,418 / 2,552

2,788 / 2,470

2,788 / 2,513

Gaming machine handle (6)

Million PHP

51,881

242,350

53,521

220,704

Gaming machine win (3)

Million PHP

3,313

14,834

3,267

12,775

Gaming machine win rate

%

6.4

6.1

6.1

5.8

Hotel

Average daily room rate (ADR)

PHP

10,254

9,912

10,699

10,142

Hotel occupancy rate (7)

%

75.1

80.2

84.0

83.2

Revenue per available room (RevPAR) (8)

PHP

7,702

7,950

8,988

8,438

Property visitors

Visitors

1,604,467

5,986,461

1,711,506

6,032,644

Gross gaming revenue

Million PHP

9,324

44,537

8,977

34,819

VIP table games

Million PHP

3,481

16,841

3,154

11,108

Mass market table games

Million PHP

2,530

12,862

2,556

10,935

Gaming machine

Million PHP

3,313

14,834

3,267

12,775

Other revenue (hotel, food & beverage, retail, entertainment, etc.)

Million PHP

1,036

3,900

1,204

4,112

Total revenue

Million PHP

10,360

48,437

10,181

38,930

Depreciation

Million PHP

1,300

5,577

1,507

5,816

Adjusted segment EBITDA (9)

Million PHP

2,336

12,284

2,097

7,659

(Notes)

2

Unit: PHP (Philippine Peso)

  1. VIP customers play on a rolling chip program, and who typically play in dedicated VIP rooms or gaming areas.
  2. Rolling chip volume is the total volume in the quarter of special chips for VIP wagered and lost by the rolling chip segment.
  3. Win calculated by a combination of each volume (rolling chip volume or table drop or gaming machine handle) and each win rate. It is shown before gaming taxes, discounts, commissions and the allocation of casino revenues to rooms, food and beverage and other revenues for services provided to casino customers on a complimentary basis.
  4. Mass market customers play table games and slot machines on public gaming floors for cash stakes that are typically lower than those in the VIP segment.
  5. Mass table games drop is the amount of cash to purchase gaming chips that is deposited in a gaming table's drop box plus gaming chips purchased at the casino cage. TG online gaming volume represents the total amount of wagers placed patrons including any reinvested winnings.
  6. Gaming machine handle is the total amount wagered in gaming machines.
  7. Hotel occupancy rate is calculated based on total rooms available for sale and excludes rooms not available for sale.
  8. RevPAR calculated by dividing total room revenues including retail value of promotional allowances by total rooms available, thereby representing a combination of hotel average daily room rates and occupancy.
  9. Adjusted segment EBITDA = Operating profit/loss + Depreciation + Other adjustments
  10. Due to system issues, accurate figures of mass table drop and mass table games win rate - live for November and December 2023 were unable to be calculated, so the full-year results of mass table drop and mass table games win rate - live for fiscal year 2023 are for 10 months.
  11. Latest numbers are preliminary and subject to change.

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Universal Entertainment Corporation published this content on January 15, 2025, and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on January 15, 2025 at 02:32:02.999.