{"id":30787,"date":"2022-06-15T03:18:51","date_gmt":"2022-06-15T06:18:51","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=30787"},"modified":"2026-04-23T07:46:53","modified_gmt":"2026-04-23T10:46:53","slug":"tiger-resort-asia-warns-against-dealing-with-kazuo-okadas-team","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/tiger-resort-asia-warns-against-dealing-with-kazuo-okadas-team","title":{"rendered":"Tiger Resort Asia warns against dealing with Kazuo Okada’s team"},"content":{"rendered":"\n

Tiger Resort Asia Ltd (TRAL) has issued a statement warning the public not to do business with the group run by Kazuo Okada in relation to Okada Manila.<\/p>\n\n\n\n\n\n\n\n

The Philippines.- The dispute over control of\u00a0Okada Manila<\/strong>\u00a0continues. Now, Tiger Resort Asia Ltd (TRAL), which owns 99.9 per cent of the shares of Okada Manila Tiger Resort Leisure and Entertainment Inc (TRLEI), has warned that it does not recognise<\/strong> the current board of directors\u00a0made up of Kazuo Okada, Antonio Cojuangco and Dindo Espelette.<\/p>\n\n\n\n

In the same statement, the company warned that “any transaction supposedly made on behalf of TRLEI, our subsidiary, by any of these individuals or their agents and representatives, will not be honoured or recognized.”<\/p>\n\n\n\n

The company said that it had sued Kazuo Okada and that Japanese Courts had determined he had embezzled company funds.<\/p>\n\n\n\n

On June 1, it was reported\u00a0Kazuo Okada\u00a0<\/strong>had taken back control of\u00a0Okada Manila<\/a>. TRLAI claimed 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

Shortly after, Kazuo Okada\u2019s team released a statement denying it used force and claiming that the move was legal and in compliance with a Supreme Court ruling. The Philippine Amusement and Gaming Corporation (PAGCOR<\/a>) deployed a team to monitor the situation, but\u00a0Universal Entertainment Corp<\/strong>\u00a0has accused the regulator of \u201cbiased participation\u201d in the dispute.<\/p>\n\n\n\n

PAGCOR<\/a>\u00a0denied acting in favour of Kazuo Okada and insisted it remained neutral in the case and complied with the legal and procedural rules applicable to court orders. Meanwhile, according to Okada’s new board, the casino complex continues to function normally.<\/p>\n","protected":false},"excerpt":{"rendered":"

Tiger Resort Asia Ltd (TRAL) has issued a statement warning the public not to do business with the group run by Kazuo Okada in relation to Okada Manila.<\/p>\n","protected":false},"author":176,"featured_media":10018,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Tiger Resort Asia Ltd (TRAL) has issued a public warning against transacting with the group led by Kazuo Okada regarding Okada Manila, asserting non-recognition of his newly constituted board. This dispute over the integrated resort's control involves allegations of embezzlement, forceful takeover claims, and regulatory oversight by PAGCOR, which denies accusations of bias.","focusai_entities":"Tiger Resort Asia Ltd, TRAL, Kazuo Okada, Okada Manila, Tiger Resort Leisure and Entertainment Inc, TRLEI, Antonio Cojuangco, Dindo Espelette, Universal Entertainment Corp, Philippine Amusement and Gaming Corporation, PAGCOR","focusai_location":"Philippines, Japan","focusai_target_profile":"ceo_executive (0.95), regulator (0.98), compliance_legal (0.95), operator_casino (0.9), investor_analyst (0.93), supplier_vendor (0.75), journalist_researcher (0.97)","focusai_suggestions":[{"label":"Legal Basis of Control?","query":"What is the precise legal basis of the Supreme Court ruling cited by Kazuo Okada's faction, and how does it legally supersede or interact with TRAL's claims of embezzlement and its non-recognition of the current board?"},{"label":"PAGCOR's Regulatory Stance?","query":"How will PAGCOR's declared neutrality and ongoing monitoring influence the long-term regulatory compliance and operational licensing framework for Okada Manila, particularly concerning the legitimacy of financial transactions and governance structures?"}],"footnotes":""},"categories":[157,16333],"tags":[8986,24149],"class_list":["post-30787","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-south-east-asia-news","tag-okada-manila","tag-tiger-resorts-and-leisure-and-entertainment"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/30787","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=30787"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/30787\/revisions"}],"predecessor-version":[{"id":30812,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/30787\/revisions\/30812"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/10018"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=30787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=30787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=30787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}