Articles About Universal Entertainment

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Manila Bay Casino Developers Could Be Penalized for Unmet Deadline

Manila Bay Casino Developers Could Be Penalized for Unmet Deadline

Monica E. October 8, 2014 17:01:12

Universal Entertainment said it would be ready to open its $2 billion casino-resort along Manila Bay by 2015, but the project might be delayed. Last month, Universal’s affiliate Tiger Resorts Leisure and Entertainment announced that the first phase of its casino project may not be ready before 2016. The Philippine Amusement and Gaming Corp (PAGCOR) […]

$2 Billion Philippine Casino Project Surrounded by Uncertainty

$2 Billion Philippine Casino Project Surrounded by Uncertainty

Monica E. June 30, 2014 17:27:29

Despite the construction being almost completed, the casino cannot open its doors until Okada finds a local business partner. Japanese tycoon Kazuo Okada is parading his $2 billion mega casino project, but is yet to find a business partner for his investment. As recent gambling news have reported, his company is in talks with several […]

$2 Billion Philippine Casino Project Surrounded by Uncertainty

$2 Billion Philippine Casino Project Surrounded by Uncertainty

Staff June 30, 2014 17:27:29

Despite the construction being almost completed, the casino cannot open its doors until Okada finds a local business partner. Japanese tycoon Kazuo Okada is parading his $2 billion mega casino project, but is yet to find a business partner for his investment. As recent gambling news have reported, his company is in talks with several […]

Former Employee Suing Old Boss Okada over Alleged Bribes to Complete Casino

Former Employee Suing Old Boss Okada over Alleged Bribes to Complete Casino

Toni June 9, 2014 20:28:21

Owner of gaming enterprise Kazuo Okada is being sued by ex-employee for making numerous bribes to finish construction on Philippines casino. Universal Entertainment’s former worker submitted a criminal procedure against the founder of the company, Kazuo Okada. Gambling news states that Takafumi Nakano filed the complaint to the Tokyo District Public Prosecutor’s Office, alleging that […]

South Korea Does About-Face and Indicates Openness to Casino Firms

South Korea Does About-Face and Indicates Openness to Casino Firms

Tom S. January 13, 2014 17:48:11

After taking criticism for rejecting major casino bids last year, the Korean government indicates it will loosen standards, inviting foreign investors back in. After South Korea rejected bids by Vegas-based Caesar’s Entertainment and Japan’s Universal Entertainment last June, some unidentified officials expressed considering for revising Korean gambling laws, thereby “easing the bidding standards” on new […]

Korea Mulls Easing Gambling Laws to Bring in Foreign Investors

Tom S. January 9, 2014 14:46:27

If enacted, new tourism strategy to bring in casino development investment from major Las Vegas and Japan-based firms, among others. According to sources the South Korean government is expected to announce a tourism strategy that will make it easier for foreign investors to obtain casino licenses in the country’s special economic zones. Critics of existing […]