Tagged kazuo okada

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

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

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...

Optimistic outlook for Universal Entertainment Corporation

Adam Morgan

October 8, 2019

Latest Casino and Gambling News, Casino 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...

Possible name change for Okada Manila

Adam Morgan

February 11, 2019

Latest Casino and Gambling News, Casino News, Economy/Finance, Mergers, Acquisitions & Partnerships, Philippines

In the Philippines, local casino operator, Tiger Resort Leisure and Entertainment Incorporated, has reportedly announced that it may change the name of its Okada Manila venue in order to sever all of the giant ...

Annual figures published for Okada Manila

Adam Morgan

January 11, 2019

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

Japanese pachinko, slot and arcade games manufacturer, Universal Entertainment Corporation, has reportedly announced that last year saw its Okada Manila integrated casino resort record adjusted earnings before ...

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...

Macau court dismisses damages claim against Wynn Macau Limited

Adam Morgan

July 17, 2018

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

In Macau, the Court of First Instance has reportedly dismissed the damages claim tied to a lawsuit brought by a former employee of the Philippines Amusement and Gaming Corporation (PAGCOR) against local casino ...

Universal Entertainment Corporation reorganizing for future success

Adam Morgan

June 20, 2018

Latest Casino and Gambling News, Game manufacturers, Japan, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation

Japanese pachinko, slot and arcade games manufacturer, Universal Entertainment Corporation, has reportedly announced that it will be instituting an ‘intra-group organizational realignment’ in order to prevent ‘...