Tagged kazuo okada

PAGCor issues cease-and-desist order on Okada Manila takeover

September 6, 2022

Casino News, Latest Casino and Gambling News, Gaming Industry News, Mergers, Acquisitions & Partnerships, Crime, Fines, Lawsuits & Litigation, Philippines

The casino regulator for the Philippines has reportedly directed the disputed representatives of Tiger Resort Leisure and Entertainment Incorporated to immediately end their continuing takeover of the 993-room ...

New turn in the long-running conversation on PAGCor privatization

Adam Morgan

September 1, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Employment & Careers, Philippines

In the Philippines and the Deputy Speaker of the House of Representatives has reportedly called on newly-elected President Ferdinand ‘Bongbong’ Marcos Jr to establish a new state-run regulator for the nation’s ...

Alejandro Tengco named new boss of the Philippines’ PAGCor regulator

Adam Morgan

August 24, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Employment & Careers, Online Gambling News, Philippines

In the Philippines and newly-elected President Ferdinand ‘Bongbong’ Marcos Jr has reportedly appointed close friend Alejandro Tengco (pictured) to serve as the next Chairman and Chief Executive Officer for the ...

Okada Manila ownership row headed to court in the Philippines

Adam Morgan

August 16, 2022

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

In the Philippines and the long-running battle to determine who has ultimate control over the 993-room Okada Manila facility is reportedly heading to court after owner Universal Entertainment Corporation announ...

Universal Entertainment Corporation to file criminal charges over Okada Manila raid

Adam Morgan

June 2, 2022

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Game manufacturers, Japan, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation, Philippines

Japanese pachinko, slot and arcade games manufacturer Universal Entertainment Corporation has reportedly announced that it is to file criminal charges regarding the attempted Tuesday takeover of its Okada Manil...

PAGCor to probe ‘illegal and violent’ Okada Manila takeover

Adam Morgan

June 1, 2022

Casino News, Latest Casino and Gambling News, Gaming Industry News, Mergers, Acquisitions & Partnerships, Crime, Fines, Lawsuits & Litigation, Philippines

The gaming regulator for the Philippines has reportedly announced that it is to officially investigate yesterday’s alleged violent storming of the giant Okada Manila development by multiple representatives of J...

Asian casino magnate Kazuo Okada ordered to pay $54.6 million legal bill

Adam Morgan

February 10, 2022

Latest Casino and Gambling News, U.S.A., Gaming Industry News, Economy/Finance, Fines, Lawsuits & Litigation

In the United States and Asian casino magnate Kazuo Okada (pictured) has reportedly been told to pay over $54 million to a law firm that represented him during his long-running legal tussle with former Wynn Res...

Kazuo Okada loses appeal against Tokyo District Court decision

Adam Morgan

September 21, 2020

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

In Japan and former casino magnate Kazuo Okada (pictured) has reportedly lost an appeal against a Tokyo District Court decision that had ordered him to pay some ¥21.3 million ($204,560) in compensation to the f...

Kazuo Okada loses appeal against effective board exclusion

Adam Morgan

July 30, 2020

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

In Japan and a district court has reportedly rejected an appeal from Kazuo Okada (pictured) that is effectively set to keep the embattled former casino magnate from ever again gaining a seat on the board at Uni...

Hong Kong court refuses to freeze local assets of Kazuo Okada

Adam Morgan

July 28, 2020

Latest Casino and Gambling News, Gaming Industry News, Hong Kong, Economy/Finance, Asian Casino News, Crime, Fines, Lawsuits & Litigation

In Hong Kong and a High Court judge has reportedly refused to grant an injunction that would have prevented former Japanese casino magnate Kazuo Okada (pictured) from being able to offload any of his local fina...

Japanese court penalizes former casino magnate Kazuo Okada

Adam Morgan

February 19, 2020

Casino News, Latest Casino and Gambling 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...

Optimistic outlook for Universal Entertainment Corporation

Adam Morgan

October 8, 2019

Casino News, Latest Casino and Gambling News, New Hotels, Casino project updates, Economy/Finance, Japan, Fines, Lawsuits & Litigation

The future prospects of Universal Entertainment Corporation reportedly now look good after the Japanese casino and entertainments conglomerate managed to prevail in a long-running legal dispute with its former ...

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...

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...