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Universal Entertainment Moves to Oust Former CEO Jun Fujimoto, Elect Tomohiro Okada as Director

August 21, 2024

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casino moguls, Employment & Careers, Japan, Asian Casino News, Labor Relations

Universal Entertainment, the parent company of?Okada Manila, has announced significant leadership changes, signaling a new chapter in its corporate governance. The company has called for an?Extraordinary Genera...

Dowinn Group Postpones Philippines Reopening to July 19 Amid Industry Speculation

Johnny K.

June 25, 2024

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Asian Casino News, Bankruptcy, Philippines, South Korea

Dowinn Group, a significant junket operator in the Philippines, has postponed its previously scheduled reopening to July 19, missing the anticipated resumption on Monday, June 24, at 2 PM. This update, reported...

PAGCOR Addresses Dowinn Junket Collapse, Hopes for Swift Resolution

Johnny K.

June 21, 2024

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Asian Casino News, Bankruptcy, Philippines

Philippine gaming regulator PAGCOR has clarified that it has no direct relationship with the junket operations of the troubled Dowinn Group. This statement comes amid growing concerns that the Dowinn Group, a m...

Sources Report Major Junket Operator Dowinn Group Allegedly Collapses Amid Liquidity Crisis, Shutters All Philippine Operations

Johnny K.

June 20, 2024

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Asian Casino News, Bankruptcy, Philippines

Dowinn Group, a significant junket operator in the Philippines, has experienced a complete operational collapse, according to multiple reliable Inside Asian Gaming sources. Moreover, at the time of writing this...

Supreme Court Removes Kazuo Okada from Okada Manila and Universal Entertainment Corp

Vanja Mitic

November 27, 2023

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Casinos of the Philippines, Employment & Careers, Philippines

Okada Manila isn’t under the status quo anymore, according to the newest information the Supreme Court released. The renowned integrated resort from Manila, Philippines, has been in the hands of its ousted form...

SPAC Company 26 Capital Initiates Legal Action Against Okada Manila Subsidiaries for Failure to Accurately Fulfill Merger Obligations

Marija Malenovic

February 8, 2023

U.S.A., Latest Casino and Gambling News, Casino Destinations, Casino News, World Casino News, North America Casino News, Casinos of the Philippines, Hong Kong, Gaming Industry News, Economy/Finance, Online Gambling News, Asian Casino News, Mergers, Acquisitions & Partnerships, Crime, Fines, Lawsuits & Litigation, Philippines

On Thursday, February 2, 26 Capital Acquisition Corp., one of the US-based special purpose acquisition company (SPAC) and the most distant parent company of Okada Manila, filed legal action in a Delaware Court ...

Kazuo Okada arrested in the Philippines in connection with failed Okada Manila takeover

Adam Morgan

October 18, 2022

Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Crime, Fines, Lawsuits & Litigation, Philippines

In the Philippines and police reportedly arrested Japanese casino magnate Kazuo Okada (pictured) yesterday on ‘grave coercion’ charges connected with late-May’s attempted takeover of the Okada Manila property. ...

Philippines Department of Justice details intent to indict Kazuo Okada

Adam Morgan

October 5, 2022

Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Crime, Fines, Lawsuits & Litigation, Philippines

In the Philippines and the Department of Justice has reportedly announced that it is to file criminal charges against Japanese casino magnate Kazuo Okada following his attempted late-May takeover of the Okada M...

PAGCor issues cease-and-desist order on Okada Manila takeover

Adam Morgan

September 6, 2022

Casino News, Latest Casino and Gambling News, Gaming Industry News, Mergers, Acquisitions & Partnerships, Crime, Fines, Lawsuits & Litigation, Philippines

The casino regulator for the Philippines has reportedly directed the disputed representatives of Tiger Resort Leisure and Entertainment Incorporated to immediately end their continuing takeover of the 993-room ...

Okada Manila ownership row headed to court in the Philippines

Adam Morgan

August 16, 2022

Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Crime, Fines, Lawsuits & Litigation, Financial Fraud, Philippines

In the Philippines and the long-running battle to determine who has ultimate control over the 993-room Okada Manila facility is reportedly heading to court after owner Universal Entertainment Corporation announ...

Universal Entertainment Corporation to file criminal charges over Okada Manila raid

Adam Morgan

June 2, 2022

Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Game manufacturers, Japan, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation, Philippines

Japanese pachinko, slot and arcade games manufacturer Universal Entertainment Corporation has reportedly announced that it is to file criminal charges regarding the attempted Tuesday takeover of its Okada Manil...

PAGCor to probe ‘illegal and violent’ Okada Manila takeover

Adam Morgan

June 1, 2022

Latest Casino and Gambling News, Casino News, Gaming Industry News, Mergers, Acquisitions & Partnerships, Crime, Fines, Lawsuits & Litigation, Philippines

The gaming regulator for the Philippines has reportedly announced that it is to officially investigate yesterday’s alleged violent storming of the giant Okada Manila development by multiple representatives of J...

Universal Entertainment Corporation returns to profit as Okada Manila sales surge

Adam Morgan

May 16, 2022

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Game manufacturers, Japan

Japanese pachinko, slot and arcade games manufacturer Universal Entertainment Corporation has reportedly released its first-quarter financial results showing that its net income had swelled by over 260% year-on...

Okada Manila begins soft launch of iGaming services

Sadonna Price

April 18, 2022

Online gaming software, Latest Casino and Gambling News, New online casinos, Mobile gaming, The Players Lounge, Online Gambling News, Philippines

Tiger Resort, Leisure and Entertainment Inc, the operator behind the Okada Manila property, has announced the soft launch of iGaming in the Philippines. The soft launch period will take place for a short time b...

Okada Manila premieres new ‘top-tier’ Perlas Club slot parlor

Adam Morgan

April 6, 2022

Latest Casino and Gambling News, Casino News, Casino expansion projects, Gaming Industry News, Economy/Finance, Philippines

In the Philippines and the giant Okada Manila development has reportedly debuted a new VIP gambling lounge offering a selection of some 200 slots as well as six gaming tables for roulette, blackjack and baccara...

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Universal Entertainment Moves to Oust Former CEO Jun Fujimoto, Elect Tomohiro Okada as Director

Dowinn Group Postpones Philippines Reopening to July 19 Amid Industry Speculation

PAGCOR Addresses Dowinn Junket Collapse, Hopes for Swift Resolution

Sources Report Major Junket Operator Dowinn Group Allegedly Collapses Amid Liquidity Crisis, Shutters All Philippine Operations

Supreme Court Removes Kazuo Okada from Okada Manila and Universal Entertainment Corp

SPAC Company 26 Capital Initiates Legal Action Against Okada Manila Subsidiaries for Failure to Accurately Fulfill Merger Obligations

Kazuo Okada arrested in the Philippines in connection with failed Okada Manila takeover

Philippines Department of Justice details intent to indict Kazuo Okada

PAGCor issues cease-and-desist order on Okada Manila takeover

Okada Manila ownership row headed to court in the Philippines

Universal Entertainment Corporation to file criminal charges over Okada Manila raid

PAGCor to probe ‘illegal and violent’ Okada Manila takeover

Universal Entertainment Corporation returns to profit as Okada Manila sales surge

Okada Manila begins soft launch of iGaming services

Okada Manila premieres new ‘top-tier’ Perlas Club slot parlor

Tabcorp Ordered to Overhaul Operations After Major Compliance Failures

Thaksin Shinawatra Backs Casino Resorts as Key to Thailand’s Economic Revival

Evoke Acquires New Gambling Solutions to Boost Romanian Market Presence

NFL Players Association Files Lawsuit Against DraftKings Over NFT Platform Closure

Sweepstakes Casinos Are Dominating Right Now, But Are They Here To Stay?

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