Friday, March 24, 2023

Tag: Universal Entertainment

Japanese arcade tycoon sues estranged family after boardroom upset

ICR - family sue
Japanese slot machine tycoon Kazuo Okada is suing his wife, son and daughter after he was ousted from the board of his family-run business empire.   Okada, 74, owns 46.4 percent of shares in Okada Holdings, the corporate parent of Universal Entertainment, which manufactures pachinko, slots and casino equipment. He said: “Unless I sue there will be no opportunity to talk. The...

Pachinko king talks up Philippines casino prospects

Casino Review - Pachinko king talks up Philippines casino prospects
The Filipino casino sector out shone expectations in 2016, and could be poised to do so again next year. But whether Duterte’s courting of the Chinese can overcome any fallout from anti-gaming politics at home and abroad remains to be seen.   After a disappointing year in 2015, the Philippines casino sector has come back with a vengeance in the past...

Okada Manila casino resort faces further delays

Casino Review Philippine Okada Manila
Japan’s Universal Entertainment Corporation, the company behind the $2.3bn (E2.1bn) Okada Manila casino resort in the Philippines, said it is “carefully considering the optimal timing” for the opening of the property.   Initial plans for Okada Manila, which is located within the sprawling Pagcor Entertainment City entertainment complex in Parañaque, called for the casino property to be completed by March 31,...