Tagged kazuo okada

Japan’s Universal loses Supreme Court appeal

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...

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...

New amenities and facilities to be revealed by Okada Manila this Friday

Sadonna Price

March 28, 2017

Latest Casino and Gambling News, Casino project updates, Philippines

Tiger Resort, Leisure and Entertainment, Inc. has announced via press release that more details about the Okada Manilla resort in the Philippines will be revealed this Friday. An unveiling will be provided for ...

Okada Manila parent raising funds on sale of treasury shares

K Morrison

March 13, 2017

Latest Casino and Gambling News, Casino project updates, Economy/Finance, Financial Press Releases, Philippines

Okada Manila casino resort will be the recipient of money raised from two exercises for disposal of treasury shares, according to an announcement by Universal Entertainment Corp (6425:Tokyo) on Thursday. In ...

Okada Manila installs Interblock multi-player Stadium concept

Adam Morgan

February 28, 2017

Casino News, Latest Casino and Gambling News, Mergers, Acquisitions & Partnerships, Philippines

In the Philippines, Tiger Resort Leisure And Entertainment Incorporated has reportedly premiered the Stadium automated multi-player electronic table games concept from innovator Interblock inside its new Okada ...

Elaine Wynn handed setback in $1 billion share-selling court case

Adam Morgan

February 7, 2017

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

Elaine Wynn, the former wife of casino mogul Steve Wynn, has reportedly been handed a setback in her fight to get out of an agreement that prevents her from selling her $1 billion stake in Wynn Resorts Limited ...

Okada Manila to fully open from February 17

Adam Morgan

February 1, 2017

Latest Casino and Gambling News, Casino openings, Philippines

After holding a “soft launch” for the first phase of its Okada Manila integrated casino resort at the end of December, Tiger Resort Leisure And Entertainment Incorporated is reportedly set to fully open the $2....

Sales rising daily at Okada Manila: Universal Entertainment Corp

K Morrison

January 26, 2017

Latest Casino and Gambling News, Economy/Finance, Philippines

In a recent filing with JASDAQ Securities Exchange, Universal Entertainment Corp (6425:Tokyo) said sales at the Okada Manila casino resort “are currently expanding on a daily basis,” according to the GGRAsia re...

Casino operations start December 30th for Okada Manila

Sadonna Price

December 29, 2016

Latest Casino and Gambling News, Casino openings, Casino project updates, Philippines

Yesterday, the Okada Manila gaming resort of the Philippines announced that casino operations would officially launch at 7pm on December 30th. This announcement comes just days after the Philippine Amusement an...

Okada wants to branch out and make Philippines the ‘next Hawaii’

Lars Jones

December 28, 2016

Latest Casino and Gambling News, Casino proposals, Casino News, Philippines

The man behind the soon to open US$2.4 billion Okada Manila, Japanese pachinko tycoon Kazuo Okada, is looking to expand beyond Pagcor's Entertainment City in the Philippines. In an interview on ABS-CBN telev...

Okada Manila files provisional PAGCOR license with Tokyo Stock Exchange

Lars Jones

December 27, 2016

Latest Casino and Gambling News, Casino openings, Casino project updates, Licenses, Philippines

Universal Entertainment Inc., (6425:Tokyo) was granted a provisional license for their Okada Manila casino resort on December 16 with an effective date of December 21, according to a report filed with the Tokyo...

Singapore casino market to be overshadowed by Philippines, according to Okada

Alex Lanter

December 22, 2016

Latest Casino and Gambling News, New Hotels, Casino project updates, Economy/Finance, Philippines, Singapore

Japanese casino magnate, entrepreneur, and chairman of Universal Entertainment Corporation, Kazuo Okada, says that the gambling market in the Philippines could eventually overshadow Singapore, Bloomberg reports...

Okada Manila to hold preview today: Updated

Sadonna Price

December 21, 2016

Casino News, Latest Casino and Gambling News, New Hotels, Casino openings, Casino project updates, Philippines

Today marks a ‘preview period’ for the Okada Manila, the newest gaming and entertainment resort to be located in the Philippines. The public will be able to take part in offerings provided by the venue beginnin...