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Arkivji Tag: Okada Manila

Filippini – Il-Qorti Suprema tneħħi l-ordni tal-qorti li kienet ippermettiet lil Kazuo Okada jieħu l-kontroll ta’ 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…

Filippini – Mandat ta’ arrest maħruġ għal Kazuo Okada – għal darb’oħra

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,…

Filippini – Mass ikompli jmexxi r-rebound f’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,…

Philippines – With revenues up 37.7 per cent, Okada Manila looking to end 2022 on a high

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…

Il-Filippini – PAGCOR jagħti ordni ta' 'waqfien u jonqos' lil Kazuo Okada

Ir-regolatur tal-logħob tal-Filippini PAGCOR (Philippine Amusement and Gaming Corp) ta ordni ta '' waqfien u jonqos' lill-bord immexxi minn Kazuo Okada ta 'TRLEI u qalilhom biex iħallu l-Okada Manila Casino Resort biex jagħtu l-poter lura lill-bord preċedenti. Il-grupp tan-negozjant Antonio "Tonyboy" Cojuangco ġie ordnat li jieqaf u jieqaf minn...

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…

Filippini – Rappreżentanti ta’ Kazuo Okada jattakkaw lil Okada Manila biex jippruvaw jieħdu l-kontroll

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…

Filippini – It-titjib f'Okada Manila ma jistax isalva s-sena ta' Universal

Minkejja li l-każinò resort fil-Filippini Okada Manila rrapporta żieda ta’ 27.2 fil-mija fil-bejgħ għal 305 miljun dollaru Amerikan, li ta profitt ta’ 46 miljun dollaru Amerikan fl-2021, is-sid tagħha Universal Entertainment Corp irrapporta telf ġenerali ta’ 166 miljun dollaru Amerikan. GGR fil-każinò wasal għal US $ 164m b'aktar minn 1.8 miljun ruħ li jżuru l-proprjetà matul is-sena. Net...