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Tag Archives: Universeel

Filippijnen - Opleving in Okada Manila kan het jaar van Universal niet redden

Ondanks dat het Filippijnse resortcasino Okada Manila een omzetstijging van 27.2 procent rapporteerde tot 305 miljoen dollar, wat een winst opleverde van 46 miljoen dollar in 2021, rapporteerde de eigenaar Universal Entertainment Corp een totaalverlies van 166 miljoen dollar. De GGR in het casino bedroeg 164 miljoen dollar, terwijl meer dan 1.8 miljoen mensen het pand gedurende het jaar bezochten. Netto…

Japan – Universal realigns to keep former Chairman out

Japan’s Universal Entertainment Corporation has confirmed it is overseeing an ‘organisational realignment’ to stop former Chairman Kazuo Okada taking any role in any of its businesses. Universal has created a new umbrella company called Limited Liability Company to oversee Tiger Resort Asia, Aruze USA, and a new company called UE Technologies, which will manufacture Player…

Philippines – Kazuo Okada not yet cleared of perjury and fraud in the Philippines

The Philippines’ Department of Justice has initiated an investigation into the Paranaque City prosecutor who cleared Kazuo Okada of charges of fraud brought against him by Tiger Resort Leisure and Entertainment, a subsidiary of Universal, the company founder by Mr. Okada. Philippine Justice Secretary Menardo Guevara said that Paranaque City Prosecutor Amerhassan Paudac will be…

Philippines – Okada predicts profit in first year at preview of Okada Manila

Universal Entertainment previewed its $2.4bn Okada Manila casino in the Philippines with Chairman Kazuo Okada’s claims that it could help the Philippines surpass Singapore in terms of gaming revenue. Okada Manila, a joint venture between Okada and Filipino businessman Antonio “Tonyboy” Cojuangco, was originally supposed to be opened by Tiger Resort last November but was…

Philippines – House Advantage shows loyalty to Tiger Resort

Customer loyalty solutions company House Advantage has entered into an agreement to deploy its HALo Core loyalty solution at Tiger Resort Leisure and Entertainment in Manila, Philippines. House Advantage’s HALo CORE is a software suite of patron loyalty technologies. The multi-platform loyalty marketing solution and its Advanced Marketing tools create an engaging experience for the…

Filipijnen – Manila Bay Resorts rondt de top af nu Universal overeenkomsten sluit

A busy few days for Universal Entertainment and its Philippine subsidiary Tiger Resorts has seen the operator gain a new local partner for its Manila Bay Resorts, gain the necessary extension from the government to complete the project and hold the topping off ceremony for the eagerly awaited project. The topping off ceremony was to…

The Philippines – Universal cleared of making illegal payments

Universal Entertainment Corp has been cleared of making any alleged illegal payments to Philippines regulator PAGCOR to smooth the development of its US$2bn Manila Bay Resorts. Universal, led by Kazuo Okada, blamed news service Reuters for the investigation for what it termed ‘partial and inaccurate reports’ and said it would be taking legal action although…

Filipijnen – PAGCOR bevestigt aanbestedingsproces voor The Pavilion

PAGCOR, de Philippine Amusement and Gaming Corp, heeft bevestigd dat alle nieuwe casinoprojecten een aanbestedingsproces zullen moeten doorlopen. De bevestiging volgt op speculatie dat zodra de licentie voor The Pavilion Casino in de historische Army-Navy Club (ANC) in Manilla in 2016 afloopt, het zal worden omgebouwd tot een casino en spa door ...

The Philippines – Universal fights back over DOJ charge claims

Despite a Department of Justice (DOJ) and National Bureau of Investigation recommendation that criminal charges be filed against it, Universal Entertainment, owned by Japanese billionaire Kazuo Okado, has said it will still pursue its US$2bn investment in Philippine Amusement Gaming Corp.’s (Pagcor) Entertainment City. The statement came after a fact-finding panel of the DOJ suggested…