Search Results for Kazuo Okada

Japanese court penalizes former casino magnate Kazuo Okada

February 19, 2020

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Japan, Fines, Lawsuits & Litigation

In Japan and a district court has reportedly ordered local casino magnate Kazuo Okada (pictured) to pay some ¥21.3 million ($191,500) in compensation to the firm he once headed, international gaming conglomerat...

Former casino magnate Kazuo Okada loses pair of legal appeals

Adam Morgan

July 19, 2019

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Japan, Crime, Fines, Lawsuits & Litigation, Financial Fraud, Philippines

It’s been a bad week for former Japanese casino magnate Kazuo Okada (pictured) after GGRAsia reported that the billionaire has lost legal actions in both the Philippines and his home nation concerning his conte...

Kazuo Okada taking son and estranged wife to court in the Philippines

Adam Morgan

May 27, 2019

Latest Casino and Gambling News, Gaming Industry News, Fines, Lawsuits & Litigation, Philippines

Billionaire Japanese businessman, Kazuo Okada (pictured), has reportedly filed a lawsuit against eleven individuals in the Philippines claiming that they had illegally conspired in the process that led to him b...

Kazuo Okada going to court in an effort to be reinstated

Adam Morgan

September 10, 2018

Latest Casino and Gambling News, Fines, Lawsuits & Litigation, Philippines

Japanese billionaire, Kazuo Okada (pictured), has reportedly filed a lawsuit against the casino-operating subsidiary of gaming conglomerate, Universal Entertainment Corporation, in an attempt to be reinstated t...

Aruze Gaming America Incorporated defends Kazuo Okada

Adam Morgan

August 10, 2018

Latest Casino and Gambling News, Hong Kong, Game manufacturers, Fines, Lawsuits & Litigation

Las Vegas-headquartered casino equipment manufacturer, Aruze Gaming America Incorporated, has reportedly accused Japanese gaming conglomerate Universal Entertainment Corporation of attempting to ‘destroy’ the r...

Philippines Department of Justice to investigate Kazuo Okada

Adam Morgan

June 7, 2018

Latest Casino and Gambling News, Game manufacturers, Fines, Lawsuits & Litigation, Philippines

The Philippines Department of Justice has reportedly initiated an inquiry into the fraud and perjury accusations levied at Kazuo Okada (pictured) by casino operator, Tiger Resort, Leisure and Entertainment Inco...

Kazuo Okada maintains innocence following settlement

Adam Morgan

March 15, 2018

Latest Casino and Gambling News

Japanese businessman Kazuo Okada (pictured) has reportedly reacted to last week’s signing of the $2.4 billion settlement deal between Wynn Resorts Limited and Universal Entertainment Corporation by stating that...

Japanese businessman Kazuo Okada hit with second lawsuit

Adam Morgan

January 2, 2018

Latest Casino and Gambling News, Hong Kong, Fines, Lawsuits & Litigation

In Hong Kong, gaming machine manufacturer Universal Entertainment Corporation has reportedly announced that its Tiger Resort Asia Limited casino-operating subsidiary has filed a lawsuit against Japanese busines...

Universal Entertainment Corporation files lawsuit against Kazuo Okada

Adam Morgan

September 26, 2017

Latest Casino and Gambling News, Japan, Fines, Lawsuits & Litigation

After being removed as Chairman for Universal Entertainment Corporation and its casino-operating Tiger Resort, Leisure and Entertainment Incorporated subsidiary in the summer, Japanese businessman Kazuo Okada i...

Embattled Kazuo Okada files lawsuit against family members

Adam Morgan

July 4, 2017

Latest Casino and Gambling News, Japan, Crime, Fines, Lawsuits & Litigation

After recently being replaced as Chairman for Universal Entertainment Corporation and its casino-operating Tiger Resort, Leisure and Entertainment Incorporated subsidiary, Japanese businessman Kazuo Okada has r...

Kazuo Okada removed as Chairman of Universal Entertainment Corporation

Adam Morgan

June 30, 2017

Latest Casino and Gambling News, Economy/Finance, Japan, Crime

Three weeks after Universal Entertainment Corporation launched an investigation into the involvement of veteran Japanese businessman Kazuo Okada into alleged illegal transfers of company cash and the 74-year-ol...

Under-investigation Kazuo Okada loses Chairman post

Adam Morgan

June 20, 2017

Latest Casino and Gambling News, Economy/Finance, Crime, Philippines

A week after Universal Entertainment Corporation launched an investigation into the involvement of its Chairman, Kazuo Okada, into an alleged illegal transfer of cash and its Tiger Resort, Leisure and Entertain...

Kazuo Okada’s Universal Entertainment loses defamation case against Reuters Japan

Renee Kingsley

November 18, 2016

Latest Casino and Gambling News, Japan, Fines, Lawsuits & Litigation, Philippines

Billionaire Kazuo Okada, the chairman of Japanese based Universal Entertainment, had filed a case against the Japanese division of Thomson Reuters Corp and three journalists on defamation charges back in Decemb...

Kazuo Okada’s $2.2 billion financing plan moves Manila Bay Resorts towards completion

D. Graham

August 1, 2015

Latest Casino and Gambling News, Casino project updates, Hong Kong, Licenses, Asian Casino News, Mergers, Acquisitions & Partnerships, Philippines

Self-made Japanese billionaire Kazuo Okada has increased his investment assurance to $2 billion U.S. towards completing phase one of the integrated Manila Bay Resorts casino and entertainment complex. The Phili...

Philippines prosecutor drops perjury action against Kakuo Okada

Adam Morgan

March 29, 2019

Latest Casino and Gambling News, Crime, Fines, Lawsuits & Litigation, Philippines

Officials in the Philippines have reportedly dropped a perjury case that had been brought against the former Chairman of Japanese pachinko, slot and arcade games manufacturer Universal Entertainment Corporation...