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Tag Archives: Okada Manila

Filipinas – A Suprema Corte anula a ordem judicial que permitia que Kazuo Okada assumisse o controle de Okada Manila

Universal Entertainment has confirmed that a 2022 court order that prompted an unruly takeover of Philippines casino Okada Manila by a group representing its founder Kazuo Okada has been kicked out by the Supreme Court. The Court denied a petition by Mr. Okada filed against Okada Manila operator Tiger Resort, Leisure and Entertainment Inc (TRLEI). Universal…

Filipinas – Mandado de prisão emitido para Kazuo Okada – novamente

A court in Philippines has issued arrest warrants for Kazuo Okada and a number of industry associates who stand accused of siphoning money from Okada Manila during a takeover of the casino resort in 2022. The Paranaque Regional Trial Court Branch ordered the warrants for qualified theft against Kazuo Okada, Antonio O. Cojuangco, Dindo Espeleta,…

Filipinas – Missa continua a impulsionar a recuperação em Okada Manila

The rebound in GGR has continued apace at Okada Manila with gaming revenues of US$193m for the three months to December 31 2022, marking an increase of 54.9 per cent on last year’s equivalent quarter and a 10.3 per cent increase from the previous quarter in 2022. In a filing by its owner Tiger Resort,…

Filipinas – Com receitas aumentando 37.7 por cento, Okada Manila espera terminar 2022 em alta

Revenues at Okada Manila boomed by 37.7 per cent in the three months to 30 June 2022, hitting Php8.3bn (US$142.6m). Okada Manila aims to close 2022 on a high note with its business verticals gaining more traction thanks to relaxed mobility restrictions and the growing demand for gaming and recreation. For the first nine months…

Filipinas – PAGCOR dá ordem de ‘cessar e desistir’ a Kazuo Okada

O regulador de jogos das Filipinas, PAGCOR (Philippine Amusement and Gaming Corp), deu uma ordem de 'cessar e desistir' ao conselho da TRLEI liderado por Kazuo Okada e disse-lhes para deixarem o Okada Manila Casino Resort para devolver o poder ao conselho anterior. O grupo do empresário Antonio “Tonyboy” Cojuangco recebeu ordem de cessar e desistir por…

Philippines – Kazuo Okada claims takeover of Okada Manila was peaceful

Claims that the premises of Okada Manila in the Philippines had been stormed by representatives of former owner Kazuo Okada have been dismissed by Okada Manila founder Kazuo Okada who is claiming that no ‘slanderous or violent acts’ took place. The situation means that two separate entities are claiming they are the legitimate board. Tiger…

Filipinas – Representantes de Kazuo Okada atacam Okada Manila para tentar assumir o controle

A huge ownership battle has broken out in the Philippines with the premises of Okada Manila being taken over by representatives of former owner Kazuo Okada who have apparently stormed the building. The bizarre situation means that two separate entities are claiming they are the legitimate board. Tiger Resort Leisure and Entertainment (TRLEI) said: “A…

Philippines – Okada Manila to reach pre-pandemic GGR by next year

Fitch Ratings has said that GGR at Okada Manila in the Philippines will bounce back to within 20 per cent of pre-pandemic revenues this year, reaching the same levels of early 2019 by 2023. The ratings agency said GGR would increase by 30 per cent in 2022 and a further 14 per cent in 2023…

Filipinas – A recuperação em Okada Manila não conseguiu salvar o ano da Universal

Apesar do casino resort filipino Okada Manila reportar um aumento de 27.2 por cento nas vendas para 305 milhões de dólares, dando um lucro de 46 milhões de dólares em 2021, o seu proprietário Universal Entertainment Corp reportou uma perda global de 166 milhões de dólares. O GGR no cassino chegou a US$ 164 milhões, com mais de 1.8 milhão de pessoas visitando a propriedade durante o ano. Líquido…