Following a delay due to the violent takeover of Okada Manila Casino Resort, the resort’s operator Tiger Resort, Leisure and Entertainment Inc (TRLEI) has finally published the financial results for Okada Manila for the third quarter of 2022. GGR Increased by 141% Year-On-Year TRLEI reported an astounding boost of 141% in gross gaming revenue (GGR) […]
Ahead of the upcoming financial results report scheduled for November 22, Universal Entertainment Corp, the parent company of Okada Manila Casino Resort operator Tiger Resort, Leisure and Entertainment Inc (TRLEI), has announced that it will probably report major losses resulting to the hostile takeover of the resort by Japanese billionaire Kazuo Okada and his group. […]
The operator of the Okada Manila Casino Resort, Tiger Resort, Leisure and Entertainment Inc (TRLEI), is delaying the official announcement of its financial results for the period from July to September 2022 due to the violent takeover of the property by the group led by Japanese billionaire and founder of the resort Kazuo Okada in […]
Japanese businessman Kazuo Okada has been arrested upon his arrival in the Philippines. The reason was the businessman’s prior involvement in the controversial Okada Manila takeover. Okada Was Arrested Soon after Landing Yesterday, Okada announced that he returned to Manila, despite his lawyers advising him on the contrary. The magnate believed he has nothing to […]
Kazuo Okada, a Japanese businessman and the founder of the Okada Manila resort and casino has returned to the Philippines, contrary to his lawyers’ advice. Okada says his move is meant to show that he is not afraid of the Philippine authorities because he is the just one. Okada Returned to the Philippines Kazuo Okada […]
Iconic, world-renowned casino resort Okada Manila brought to Manila by Tiger Resort Leisure & Entertainment has announced a second extension for its 26 Capital merger deadline. The initial merger with the special purpose acquisition company was supposed to complete on September 30, after acquisition plans were first revealed last October. The new delay in the […]
The saga surrounding the Philippine casino resort Okada Manila continues as Tiger Resorts Asia Limited (TRAL) sues Kazuo Okada for fraud and violence. In May, Okada forcefully took over the resort after he returned to the company thanks to a status quo ante order by the Supreme Court of the Philippines. TRAL and Okada have […]
Japanese billionaire and founder of the Okada Manila Casino Resort Kazuo Okada is not giving up on the fight over the control of the resort that easily. Okada recently made an attempt to block the decision by the Philippine Amusement and Gaming Corporation (PAGCOR) to reinstate the board of directors of the resort’s operator Tiger […]
The saga over the control of the Okada Manila Casino Resort still continues. The next move in the dispute comes from the board of the casino operator Tiger Resort, Leisure and Entertainment, Inc (TRLEI) led by Japanese millionaire Kazuo Okada. The executives have filed a lawsuit against the former TRLEI board members on theft charges […]
The corporate wrangle around Okada Manila casino integrated resort in the Philippines continued with the board backed by Tiger Resort Asia (TRA) sending a demand letter to the board backed by Kazuo Okada demanding internal documents inspection. Disbursing Funds from the Casino Cage TRA, the owner of 99.9% of the voting rights of Tiger Resorts, […]
