Okada Manila denies news about sale of assets
The operator says rumours that it is looking to sell the Okada Manila casino are “false and fake news”.
The Philippines.- Tiger Resort Leisure and Entertainment, a subsidiary of Japan’s Universal Entertainment Corp, has denied rumours that it is considering a potential sale of assets, including the Okada Manila casino resort.
In a press release, the firm said: “It appears that certain persons and groups are spreading claims and rumours that Okada Manila’s business or assets are for sale.
“Please be advised that such claims and rumours are false and fake news.”
It added: “We urge the public to consult only credible sources to avoid misinformation and avoid being victimised by scammers.
Okada Manila and online gaming
Okada Manila also responded to reports that unrelated parties were using its brand to operate an unauthorised online casino.
The company said: “It appears that certain persons and groups are promoting an online casino claiming to be operated by Okada Manila”.
“Please be advised that such claims are false. Okada Manila does not operate an online gaming facility or service at present.
“We urge the public not to patronise these unauthorised online gaming operations, which are illegal and punishable under the law.”
The company said it may take legal action against those infringing on its corporate identity.
It said: “The use of Okada Manila’s name, brand and trademarks without our authority or consent constitutes violation against the law. Necessary legal action will be taken against violators.”
Okada Manila is also one of three Philippine casinos to have received authorisation from the Philippine Amusement and Gaming Corp (PAGCOR) to offer online services under Philippine Inland Gaming Operator (PIGO) licences.
