Justice Secretary Leila de Lima is expecting the submission within this month of a report on the allegations that a former consultant of the Philippine Amusement and Gaming Corporation (Pagcor) got a $5-million bribe from Japanese investor Kazuo Okada for favors related to the government’s entertainment city project.
The groups of tycoon John Gokongwei and Japanese pachinko mogul Kazuo Okada have aborted discussions on a partnership for the latter’s Manila Bay Resorts, an integrated entertainment and resort project in Manila’s future gaming hub Entertainment City.
Japanese gaming tycoon Kazuo Okada on Wednesday refuted the findings of a report by a former United States Federal Bureau of Investigation chief accusing the Japanese businessman of violating US antibribery laws.
Japanese gambling tycoon Kazuo Okada announced Thursday he was resigning from the board of casino operator Wynn Resorts, a day before the company’s board was expected to oust him.
Wynn Resorts Ltd. says Kazuo Okada has resigned from its board, potentially ending a long-running dispute between CEO Steve Wynn and the Japanese billionaire.
The Philippine Amusement and Gaming Corp. (Pagcor) is still waiting for Japanese businessman Kazuo Okada’s group to settle the land ownership issue in its project for Entertainment City pending negotiations with local partner Robinsons Land Corp.
Gaming giant Wynn Resorts called on shareholders Monday to eject Japanese tycoon Kazuo Okada from the Wynn board of directors in a special vote scheduled on Feb. 22.
The group of Japanese pachinko mogul Kazuo Okada has gone to a Philippine court and filed a criminal complaint against erstwhile Las Vegas casino partner Stephen Wynn, accusing him of libel over allegations of improper payments.
A deal between the business group of tycoon John Gokongwei Jr. and Japanese businessman Kazuo Okada is imminent and a preliminary deal may be signed “in a few days,” a reliable source tells Biz Buzz.
Universal Entertainment Corp. of Japanese businessman Kazuo Okada on Tuesday assailed the coverage of an international news agency on the alleged bribes paid by the gaming firm to a former consultant of state-owned Philippine Amusement and Gaming Corp. (Pagcor).
The House committee on good government is poised to conduct a parallel investigation into alleged anomalies involving former officials of the Philippine Amusement and Gaming Corp. (Pagcor) amid fresh revelations that a former consultant to the state-run gambling agency had received $30 million from billionaire Japanese casino operator Kazuo Okada.
The Department of Justice (DoJ) will conduct an investigation on the alleged $5 million bribe given by a company led by Japanese gaming tycoon Kazuo Okada in connection with the $2 billion entertainment city project.
