Tag Archives: Okada
Japan – Kazuo Okada launches giveaway campaign on social media
Kazuo Okada, the former Chairman of pachislot manufacturer Universal Entertainment, has launched a YouTube and Twitter campaign offering followers a US$890,000 giveaway, aiming at garnering support to regain his position at Universal. Okada’s Twitter followers have reached 4,000 in just a few days whilst his first YouTube video was viewed 7,100 times. The self-proclaimed Casino…
Hong Kong – ICAC releases Okada from bail without any conditions
Aruze Gaming has announced that Hong Kong’s Independent Commission Against Corruption (ICAC) has released its Founder Kazuo Okada. He is no longer required to report to the ICAC and his bail money was returned to him without any conditions whatsoever. Mr. Okada was arrested by the ICAC in August of 2018 as the result of…
Philippines – Universal stresses Okada arrest warrant won’t affect Okada Manila
Japan’s Universal Entertainment, owner of Tiger Resort Leisure & Entertainment and the Philippine casino resort it operates; Okada Manila, has stressed that an arrest warrant issued for its founder and former boos Kazuo Okada won’t threaten its licence for the casino. Former Tiger Resort Leisure & Entertainment Inc (TRLEI) President Takahiro Usui was also named…
Philippines – Okada files suit against Tiger Resort
Former Universal boss Kazuo Okada has filed a lawsuit against Tiger Resort Leisure and Entertainment, the casino division of Universal Entertainment and operator of Okada Manila in the Philippines– in an attempt to regain control of his former business interests. Mr. Okada, who has denied any wrongdoing, said: “I plan to get back my company….
Hong Kong – Former Universal boss Kazuo Okada arrested in Hong Kong
Japanese gaming company Universal Entertainment has said that its former Chairman Kazuo Okada and his associate Li Jian, have been arrested in Hong Kong by the Independent Commission Against Corruption in relation to the claims that he defrauded Okada Holdings of $19.7m. He is already under investigation from the Philippines Department of Justice for $10m…
Japan – Universal realigns to keep former Chairman out
Japan’s Universal Entertainment Corporation has confirmed it is overseeing an ‘organisational realignment’ to stop former Chairman Kazuo Okada taking any role in any of its businesses. Universal has created a new umbrella company called Limited Liability Company to oversee Tiger Resort Asia, Aruze USA, and a new company called UE Technologies, which will manufacture Player…
Philippines – Philippines Department of Justice takes control of Okada case
Following the debacle of a leaked ruling prior to its official announcement, the Philippines Department of Justice (DOJ) has now taken the reigns for fraud investigation launched by Tiger Resort Leisure and Entertainment into former boss Kazuo Okada. Tiger had levelled some fierce criticism of the Parañaque City Prosecutor’s Office previously handling the case which…
Philippines – Kazuo Okada not yet cleared of perjury and fraud in the Philippines
The Philippines’ Department of Justice has initiated an investigation into the Paranaque City prosecutor who cleared Kazuo Okada of charges of fraud brought against him by Tiger Resort Leisure and Entertainment, a subsidiary of Universal, the company founder by Mr. Okada. Philippine Justice Secretary Menardo Guevara said that Paranaque City Prosecutor Amerhassan Paudac will be…
Japan – Special Investigation Committee finds Universal Chairman guilty of fraud
Universal Entertainment’s former Chairman Kazuo Okada has been found guilty of three acts of fraud by a Special Investigation Committee. The three-month investigation concluded that Okada ‘led and conducted the fraudulent acts.’ It said: “As a result of the investigation of the Special Investigation Committee, it has become clear that Mr. Okada led and conducted…
