Thursday, June 20, 2024 - Login

Philippine prosecutors clear Kazuo Okada


Philippine prosecutors in Paranaque and Makati cities have dropped all charges filed against Japanese gaming billionaire Kazuo Okada.

Okada is the former chairman of Universal Entertainment, whose Tiger Resorts & Entertainment unit runs the Okada Manila IR in Entertainment City.

Tiger Resorts filed the complaint, accusing Okada of fraud in his decision to award a $7 million contract to supply LED lighting to the resort to his own company Aruze Philippines Manufacturing, among other charges.

Tiger criticized the decision to drop the case, which was leaked on social media and called for the recusal of the prosecutor involved.

“Resolutions purportedly disposing the captioned cases in favor of respondent Okada have apparently been leaked… as shown by the unlawful publication thereof in the Facebook and Instagram accounts of his (Okada’s) close companion, Chloe Kim although said resolutions have not been officially released,“ TRLEI alleged in its complaint to the court.

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

Contact us

ASIA GAMING BRIEF
PO Box 1139, Macau SAR
Tel: +853 2871 7267
Fax: +853 2871 7264

Asia Gaming Brief