GGRAsia reported that Travellers International Hotel Group Inc, the parent company of Resorts World Manila, has experienced a surge in casino drop in 2023, surpassing pre-pandemic levels.
The company, in a statement released on Monday, revealed that their gross gaming revenues for the first quarter of 2023 reached a staggering $250 million, a significant increase compared to the same period in 2019. This performance comes as a surprise to many industry experts, who had predicted a slow recovery for the gaming sector in the wake of the global pandemic.
According to industry analysts, this impressive growth can be attributed to several factors, including the reopening of borders and easing of travel restrictions in many countries. Additionally, the company’s strategic marketing campaigns and promotions have successfully attracted a large number of high-spending customers to their casino floor.
In a recent interview, Travellers International CEO, John Gokongwei Jr., expressed his enthusiasm about the company’s strong performance, stating that he is confident in the resilience of the gaming industry and believes that this growth trend will continue in the coming months.
The news of Travellers International’s success has sparked excitement among investors, with the company’s stock prices seeing a sharp increase in the past week. Analysts are now closely monitoring the company’s performance and predicting even greater success in the months ahead.
Despite the challenges brought about by the pandemic, Travellers International’s resilience and innovative strategies have positioned them as a leader in the gaming industry. With their impressive growth in casino drop, the company is set to continue dominating the market and attracting a steady stream of high-profile customers in the foreseeable future.
