Your Daily Asia Gaming eBrief: Kazuo Okada arrested on arrival

Wednesday 19th of October 2022

Good morning! Old-school gaming mogul Kazuo Okada was arrested, again, by Philippines police. This time for coercion charges in connection with the physical takeover of Okada Manila. Back at home, Genting's bid has finally been accepted, unconditionally, as the seventh contender alongside the six incumbents. Premier Li says that the economy is improving.

What you need to know

Kazuo Okada was arrested as he landed in Manila on a flight from Japan for coercion cases related to his takeover of Okada Manila in May.
Genting Group's public tender bid for one of Macau's potential six 10-year gaming concessions has been officially accepted unconditionally.

On the radar

NSW adopts facial recognition on harm minimization push.
Suspicious transactions drop for Macau gaming operators.

AGB Intelligence

PHILIPPINES

Kazuo Okada arrested on arrival in Manila

Philippine police arrested Japanese gaming mogul Kazuo Okada as he landed at Naia on a flight from Haneda for coercion cases related to his takeover of Okada Manila in May. Okada's local partners Antonio "Tonyboy" Cojuangco, Dindo Espeleta, Florentino "Binky" Herrera, and others are facing arrest for alleged grave coercion when their men physically took over the Okada Manila on May 31 after the Supreme Court reinstated him as chairman of the casino’s operator.