Okada Manila's operator joins the International Gaming Standards Association (IGSA) as a silver member alongside industry giants like Intel and Konami.
Okada Manila operator Universal Entertainment Corporation (UEC) is now a member of the International Gaming Standards Association.
UEC's logo was included in the list of current members as of January 8 as a "silver member," side by side with the likes of Intel and Konami Gaming. The formal announcement was uploaded on their LinkedIn page, past midnight of January 8 (GMT+8 time.)
Mark Pace, who heads IGSA, said the organization was “very excited” to welcome UEC, adding that their standards “can play a significant role in Universal’s growth."
Primarily known as a leading Japanese developer of pachislot and pachinko machines, UEC also owns the Okada Manila integrated resort in the Philippines. IGSA described UEC as a “leading provider of Pachislot & Pachnko machines and peripheral equipment.
UEC'S Representative Director and President Tomohiro Okada said the operator was looking forward to participating in the research and development of the industry's electronic gaming machine systems.
“We are delighted to be a part of IGSA, and we look forward to participating in the research and development of electronic gaming machine systems in the industry,” Okada said.
IGSA works with regulators, operators, and suppliers worldwide to improve the industry and provide their members with valuable resources and strategic advantages. They develop technical standards for the global gaming industry.
This will hopefully leverage UEC's operations, particularly for Okada in the Philippines, after Okada Manila experienced a significant downturn in revenue. Last October 2024, it was reported that Okada's total revenue dropped by 30.9% compared to the same period last year, reaching Php9.16 billion (approximately US$158 million). This decline was widespread across various gaming segments.
Read related article: Okada Manila Reports 33.4% Revenue Drop to $142M in 3Q 2024
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