{"id":30348,"date":"2022-06-01T04:27:44","date_gmt":"2022-06-01T07:27:44","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=30348"},"modified":"2026-04-23T08:12:44","modified_gmt":"2026-04-23T11:12:44","slug":"controversy-surrounds-kazuo-okadas-return-to-okada-manila","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/controversy-surrounds-kazuo-okadas-return-to-okada-manila","title":{"rendered":"Controversy surrounds Kazuo Okada’s return to Okada Manila"},"content":{"rendered":"\n

Tiger Resort Leisure Entertainment claims a group linked to Kazuo Okada has taken over the casino by force.<\/p>\n\n\n\n\n\n\n\n

The Philippines.-\u00a0Kazuo Okada <\/strong>has reportedly taken back control of Okada Manila, and the legitimacy of the move is being questioned. Tiger Resort Leisure Entertainment claims that a group linked to the Japanese billionaire used brute force and intimidation to force legitimate officers to vacate the casino premises.<\/p>\n\n\n\n

The company says a group led by former board member Tonyboy Cojuangco arrived with about 50 private guards and police officers who claimed they were authorised by a court order to take over the Okada Manila complex.<\/p>\n\n\n\n

Kazuo Okada has been involved in a long-running legal dispute.\u00a0In June 2017, he and COO Takahiro Usui were kicked off the board of Tiger Resort Leisure Entertainment. The company then accused Okada of misusing company funds. Okada was also removed from the board of parent company Universal Japan Entertainment<\/a>, which brought three fraud charges against him.<\/p>\n\n\n\n

However, in January the Philippines Court of Appeals\u00a0dismissed fraud charges against Okada<\/a>. In April 2022, the Supreme Court of the Philippines issued a \u201cstatus quo ante\u201d order (SQAO) that recognised Kazuo Okada as the sole representative of Tiger Resort Asia Limited in Tiger Resort Leisure & Entertainment, and ordered his reinstatement as shareholder, director, chairman and CEO.\u00a0<\/p>\n\n\n\n

On May 2, 2022,\u00a0Okada re-installed the board of directors and officers<\/strong>, and this was apparently recognised by PAGCOR as the legitimate board consistent with the SQAO.\u00a0However, according to the opponents of Okada’s return, they have filed an appeal and are waiting for the Supreme Court to decide whether to decide whether or not to overturn or reconsider the order.<\/p>\n\n\n\n

The company said operations continue as usual<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Tiger Resort Leisure Entertainment claims a group linked to Kazuo Okada has taken over the casino by force.<\/p>\n","protected":false},"author":176,"featured_media":16973,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"A group linked to Kazuo Okada has reportedly taken physical control of Okada Manila, citing a Supreme Court 'status quo ante' order for his reinstatement. Tiger Resort Leisure Entertainment disputes the legitimacy of this forceful takeover, asserting an appeal is pending and operations continue as usual. This event highlights ongoing corporate governance disputes and regulatory complexities within the Philippine iGaming sector.","focusai_entities":"Kazuo Okada, Tiger Resort Leisure Entertainment, Okada Manila, Universal Japan Entertainment, PAGCOR, Tonyboy Cojuangco, Takahiro Usui, Philippines Court of Appeals, Supreme Court of the Philippines, Tiger Resort Asia Limited","focusai_location":"Philippines","focusai_target_profile":"ceo_executive (0.9), regulator (0.95), compliance_legal (0.95), operator_casino (0.85), investor_analyst (0.95), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"PAGCOR's Stance?","query":"What is PAGCOR's definitive position on the legitimacy of the current board and management of Okada Manila, and what are the implications for its regulatory oversight and licensing?"},{"label":"Legal Appeal Impact?","query":"How might the Supreme Court's decision on the pending appeal impact the 'status quo ante' order and the long-term corporate governance structure of Tiger Resort Leisure Entertainment?"}],"footnotes":""},"categories":[157,158,16333],"tags":[8986],"class_list":["post-30348","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-slider-home","category-south-east-asia-news","tag-okada-manila"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/30348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=30348"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/30348\/revisions"}],"predecessor-version":[{"id":30367,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/30348\/revisions\/30367"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/16973"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=30348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=30348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=30348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}