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Okada quits Wynn board

Kazuo Okada (left) and Steve Wynn during happier days.  Wynn Resorts called on shareholders Monday, Feb. 4, 2013, to eject the Japanese tycoon from the Wynn board of directors in a special vote scheduled on Feb. 22.  AP FILE PHOTO

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.

Posted: February 24th, 2013 in Latest Business Stories | Read More »

Okada turns tables on Wynn, files countersuit

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The corporate battle between casino giant Wynn Resorts and Universal Entertainment Corp. took a new twist on Tuesday, after the latter sued the Las Vegas-based firm for trying to push the Japanese group out of the partnership through a share buyback at a steeply discounted price.

Posted: March 13th, 2012 in Latest Business Stories | Read More »

Polished character

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Let us not even talk about the contradictions that impeached Chief Justice Renato Corona lately peddled in media—live, in person, no spokesman, no media releases.

Posted: March 12th, 2012 in Columnists,Inquirer Columns | Read More »

Dubious corruption claim

Once the best of friends and business partners in the gambling casino business, American billionaire Steve Wynn and Japanese tycoon Kazuo Okada are now the worst of enemies. Wynn has accused Okada of engaging in illegal activities to obtain a gambling license in the casino resort being built by Philippine Amusement and Gaming Corp. at […]

Posted: March 8th, 2012 in Columnists | Read More »

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