• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Wednesday 25 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
  • 中文
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
  • 中文
No Result
View All Result
IAG
No Result
View All Result

Okada Manila operator names reformed Board of Directors, Kazuo Okada colleagues not welcome

Ben Blaschke by Ben Blaschke
Wed 7 Sep 2022 at 05:10
Improved Okada Manila performance not enough to push Japan’s Universal Entertainment Corp back to profit in 2021
125
SHARES
3.1k
VIEWS
Print Friendly, PDF & Email

Okada Manila operator Tiger Resort, Leisure & Entertainment Inc (TRLEI), now controlled by the TRAL-approved side of the intra-corporate dispute for control of the Manila integrated resort, has announced its list of approved board members ahead of a Board of Directors meeting planned for today (Wednesday).

The new board, which has been approved by gaming regulator PAGCOR following an order from the Department of Justice last week for the opposing Kazuo Okada-led faction to vacate the premises, sees a number of former board members reinstated, including President and CEO Byron Yip and Mr Okada’s ex-wife Tokako Okada.

Also on the board are Kenshi Asano, Hajime Tokuda, Hans Van Der Sande, Toji Takeuchi, James Lorenzana, Kenji Sugiyama and Mitsukazu Nakata, while Kazuo Okada retains a seat as per PAGCOR’s directive. This follows the issuance of a Status Quo Ante Order (SQAO) by the Philippines Supreme Court in early May directing the TRLEI board be restored to its composition in 2017, before the dispute between Universal and Mr Okada that led to him being frozen out. It was this SQAO that had prompted Mr Okada’s representatives to seize control of Okada Manila on 31 May, before it was reclaimed last Friday.

While Mr Okada retains his board seat, TRLEI made it clear that his representatives will not be allowed entrance to the Okada Manila property, namely Antonio O. Cojuangco, Dindo A. Espeleta, Maximo Modesto Joel C. Flores, Tetsuya Yokota and Hiroshi Kawamura.

“The TRLEI Board looks forward to the full resumption of normality at Okada Manila, and looks forward to Mr Kazuo Okada’s participation in the scheduled Board Meeting in compliance with the SQAO and PAGCOR order,” it said.

RelatedPosts

Philippine tourist arrivals down 0.5% in 1Q25 on fewer visitors from South Korea, China

Contribution of Philippines tourism industry to national GDP rises to 8.9% in 2024

Fri 20 Jun 2025 at 06:46
Philippines’ maiden PIGO platform generates GGR of US$2.3 million in first six months of operation

DigiPlus appoints new CEO and CDO to drive further online gaming growth

Fri 20 Jun 2025 at 06:44
PAGCOR’s Alejandro Tengco

New luxury hotel with VIP gaming to be built at Manila’s Newport World Resorts as parent AGI outlines latest capital investments

Thu 19 Jun 2025 at 12:29
FBM hosts “A Drop of Blood is a Gift of Life” blood donation drive in the Philippines

FBM hosts “A Drop of Blood is a Gift of Life” blood donation drive in the Philippines

Thu 19 Jun 2025 at 06:16
Load More
Tags: board of directorsByron YipKazuo OkadaOkada ManilaPhilippinesTokako Okada
Share50Share9
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
SABA
Mindslot
Solaire
Hann
Tecnet
NWR
Jumbo
568Win

Related Posts

Macau sports betting concessionaire Macau SLOT sees profit grow 32% to US$15.7 million in 2021

Macau sports betting operator Macau SLOT reports US$16 million profit in 2024, new one-year concession granted

by Pierce Chan
Wed 25 Jun 2025 at 14:07

Macau SLOT – Macau’s only sports betting concessionaire – reported a profit of MOP$130 million (US$16.1 million) in 2024, representing a slight 5.5% increase compared to 2023. The company also revealed it has been granted a one-year extension to its...

The Star Sydney’s casino license in limbo as final report from second inquiry handed to regulator

Star Entertainment Group shareholders give approval to AU$300 million Bally’s rescue package

by Ben Blaschke
Wed 25 Jun 2025 at 13:50

Star Entertainment Group shareholders have overwhelmingly voted in favor of an AU$300 million (US$195 million) rescue proposal by US casino operator Bally’s Corp and local investor Investment Holdings. At a General Meeting held on Wednesday morning, 99.36% of eligible shareholders...

Seaport Research: Thai casino regulations won’t be suitable for US operator involvement

Thailand’s move to recriminalize cannabis highlights casino operator concerns over regulatory instability

by Ben Blaschke
Wed 25 Jun 2025 at 05:53

Just weeks after global casino operators outlined the need for regulatory certainty if they are to pursue multi-billion-dollar investment into entertainment complexes in Thailand, their concerns look set to be highlighted by a government move to recriminalize cannabis. Thailand’s Public...

Sri Lankan cabinet approves creation of Gambling Regulatory Authority

Sri Lanka lifts restrictions on import of casino equipment

by Newsdesk
Wed 25 Jun 2025 at 05:46

Sri Lanka’s Committee on Public Finance (COPF) is said to have lifted restrictions imposed on the importation of gaming machines during the recent economic crisis. According to local media reports, casino equipment is among a range of products listed for...



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
  • 中文

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
  • 中文
  • 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.

  • 中文
  • English