• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Sunday 1 June 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
No Result
View All Result

Okada Manila operator files court motion against reinstatement of Kazuo Okada to company’s board

Ben Blaschke by Ben Blaschke
Fri 13 May 2022 at 10:16
Time to shine

Okada Manila

80
SHARES
2k
VIEWS
Print Friendly, PDF & Email

Tiger Resort, Leisure and Entertainment, Inc. (TRLEI), the operating entity of Philippines integrated resort Okada Manila, has filed for an Urgent Motion for Reconsideration after the Supreme Court of the Philippines issued a status quo ante order requiring former company Chairman and CEO Kazuo Okada be restored to the board.

The company’s founder was removed from the boards of TRLEI and its Japanese parent company, Universal Entertainment Corp, in 2017 following an internal investigation which alleged he had committed three cases of fraudulent acts against the company. He has been involved in various legal battles with the company in Japan, the Philippines and Hong Kong ever since.

The status quo ante order, issued by the Supreme Court on 27 April and published in part by Inside Asian Gaming earlier this week, calls for TRLEI to restore the composition of its board of directors to its 2017 lineup, before the dispute between Universal and Kazuo Okada began.

In response, TRLEI issued a statement to IAG on Friday in which it said it has filed the Urgent Motion for Reconsideration asking the Court to revoke the order.

“We believe the TRLEI has strong legal basis for the revocation of the status quo order,” it said. “Our parent company, Tiger Resort Asia Ltd. (TRLA), a Hong Kong company, is a wholly-owned subsidiary of Universal Entertainment Corporation (UEC), a Japanese company.

“The removal of Mr Kazuo Okada as chairman, CEO, director, and nominal stockholder of TRLEI in 2017 was valid and legal. It was done upon the instructions of our parent company. We would like to highlight that any issue on Mr Okada’s removal can only be decided in Japan.

“In fact, the Japanese Supreme Court issued a final decision in 2020 affirming the validity and legality of Mr Okada’s removal from TRLEI.

“In the Philippines, both the Regional Trial Court and the Court of Appeals confirmed the validity and legality of his removal. The Philippine Supreme Court’s issuance of a status quo ante order, a temporary measure, does not change the ownership structure of TRLEI nor will it impact our operations.

“We are confident that the Philippine Supreme Court will eventually see the correctness of our position and rule in our favor.

TRLEI will continue to operate business as usual, providing the highest quality of service to our guests and patrons as we welcome them back to Okada Manila from the pandemic lockdown.”

RelatedPosts

Casino Filipino venues to receive first delivery of almost 2,000 new slot machines by mid-September

PAGCOR board, including Chairman Tengco, tender courtesy resignations following Presidential call

Thu 29 May 2025 at 14:15
Mindslot-e leads first Philippines slot machine deployment for AGS with debut of “Lion Cash”

Mindslot-e leads first Philippines slot machine deployment for AGS with debut of “Lion Cash”

Wed 28 May 2025 at 06:08
Philippine billionaire Manny Villar to renew focus on Villar City estate following family election run

Philippine billionaire Manny Villar to renew focus on Villar City estate following family election run

Mon 26 May 2025 at 06:17
Resorts World Manila changes name to Newport World Resorts

Manila’s Newport World Resorts to strengthen online gaming platform in response to growing E-Games segment

Thu 22 May 2025 at 05:16
Load More
Tags: Kazuo OkadaOkada ManilaPhilippinesPhilippines Supreme Courtstatus quo ante orderTiger Resort
Share32Share6
Ben Blaschke

Ben Blaschke

A former sports journalist in Sydney, Australia, Ben has been Managing Editor of Inside Asian Gaming since early 2016. He played a leading role in developing and launching IAG Breakfast Briefing in April 2017 and oversees as well as being a key contributor to all of IAG’s editorial pursuits.

Current Issue

Editorial – Foreigner-only casinos: Seize the day

Editorial – Foreigner-only casinos: Seize the day

by Ben Blaschke
Thu 29 May 2025 at 13:38

I was recently asked by someone working at a foreigner-only casino for my thoughts on the outlook for the Asian...

On the brink

On the brink

by Pierce Chan
Thu 29 May 2025 at 13:27

The transition period for Macau’s 11 satellite casinos is set to expire at the end of this year, after which...

A moral defense of gambling

A moral defense of gambling

by Andrew Russell
Wed 28 May 2025 at 18:19

Economist Andrew Russell explores the differences between community benefit and in-principle arguments for the existence of a legal gambling industry...

Face to face

Face to face

by Ben Blaschke
Wed 28 May 2025 at 18:08

Konami caught the eye at the recent G2E Asia show in Macau with its SYNK Vision Tables, which utilize facial...

Evolution Asia
Aristocrat
GLI
Mindslot
Mindslot
Solaire
Hann
Tecnet
Nustar
Jumbo

Related Posts

10 Years Ago – Reimagining Sri Lanka

Sri Lanka gazettes draft bill to establish Gambling Regulatory Authority

by Newsdesk
Sat 31 May 2025 at 06:03

A draft bill that would establish an official regulator for the Sri Lankan gaming industry, to be known as the Gambling Regulatory Authority, has taken another step forward after being gazetted. According to the Sri Lanka Mirror, the official announcement...

RGB International signs agreement to distribute KL Saberi and Atlas gaming machines

After record-breaking sales in 2024, Malaysia’s RGB sees 1Q25 profit fall to

by Newsdesk
Sat 31 May 2025 at 05:53

Malaysian gaming product distributor RGB International Bhd has reported group-wide revenue of MYR73.6 million (US$17.3 million) for the three months to 31 March 2025, down 65% year-on-year due to a lower number of products sold. The figure was also 79%...

Robert Goldstein to step aside as LVS Chairman and CEO from March 2026, replaced by Patrick Dumont

Robert Goldstein: Macau gaming market challenged by increased competition, online gambling and US-Sino trade war

by Ben Blaschke
Fri 30 May 2025 at 06:42

Las Vegas Sands (LVS) Chairman and CEO Robert Goldstein has bemoaned the lingering impact of the US-China trade war, as well as increased domestic and regional competition and the rise of online gambling across Asia for sustained flatness in the...

Industry hopes Thai Entertainment Complex Roundtable can establish “common ground” with those opposing legal casinos

Industry hopes Thai Entertainment Complex Roundtable can establish “common ground” with those opposing legal casinos

by Ben Blaschke
Fri 30 May 2025 at 05:38

Industry figures taking part in the Thai Entertainment Complex Roundtable (TECR) next Thursday 5 June hope to find common ground with those who oppose Thailand’s Entertainment Complex Bill, citing the opportunity to use an evidence-based approach to achieve outcomes that...



IAG

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • English