Tagged kazuo okada

Fraud and perjury charges against Okada dropped in Philippines

May 29, 2018

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

Last week in the Philippines, fraud and perjury complaints filed in January against Japanese entrepreneur, Kazuo Okada (pictured), by the promoter of the giant Okada Manila integrated casino resort have reporte...

Universal Entertainment Corporation planning to take subordinate public

Adam Morgan

May 15, 2018

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

Japanese pachinko, slot and arcade games manufacturer Universal Entertainment Corporation has reportedly announced that it is hoping to take its casino-operating Tiger Resort, Leisure and Entertainment Incorpor...

Macau court rules against Wynn Macau Limited

Adam Morgan

March 15, 2018

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

In Macau, a senior court has reportedly ruled that local casino operator Wynn Macau Limited had violated local personal data protection rules in surreptitiously revealing the identity of a former employee of th...

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...

Wynn Resorts Limited agrees $2.4 billion legal settlement

Adam Morgan

March 9, 2018

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

American casino operator Wynn Resorts Limited has announced the signing of an agreement to settle its long-running legal battle with Tokyo-based gaming machine manufacturer Universal Entertainment Corporation. ...

Universal Entertainment Corporation responds to Steve Wynn resignation

Adam Morgan

February 20, 2018

Latest Casino and Gambling News, Economy/Finance, Japan, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation

Japanese gaming machine giant Universal Entertainment Corporation has reportedly asserted that a stockholders agreement it signed with Wynn Resorts Limited in 2010 remains valid despite the recent decision by S...

Law firm to conduct investigation into Steve Wynn allegations

Adam Morgan

February 13, 2018

Latest Casino and Gambling News, Casino News, Employment & Careers, Fines, Lawsuits & Litigation

A week after accepting the resignation of Steve Wynn (pictured) as its Chairman and Chief Executive Officer, Wynn Resorts Limited has now reportedly hired an outside law firm to investigate the alleged sexual m...

Wynn Resorts Limited hit with more bad news

Adam Morgan

February 8, 2018

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

After accepting the resignation of its Chief Executive Officer earlier this week amid claims of sexual misconduct, Wynn Resorts Limited has now reportedly been hit with the bad news that a judge has reversed an...

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 establishing Asian joint venture

Adam Morgan

December 7, 2017

Latest Casino and Gambling News, Gaming Industry News, Japan, Mergers, Acquisitions & Partnerships

Japanese gambling giant Universal Entertainment Corporation has announced the signing of a ‘basic agreement’ that will see it establish a Hong Kong-based joint venture with China Guangcai International Investme...

Wynn Resorts Limited loses attempt to avoid a jury trial

Adam Morgan

November 16, 2017

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

The long-running legal battle between Wynn Resorts Limited and Japanese businessman Kazuo Okada took yet another turn this week after the American casino giant reportedly lost its attempt to avoid a jury trial ...

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...

Japan’s Universal loses Supreme Court appeal

Lars Jones

July 21, 2017

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

The Supreme Court of Japan has rejected an appeal to hear a defamation case brought by Japan's Universal Entertainment Corp against Reuters. The decision upholds two lower court rulings in the country. The C...

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...