#Okada

One of the Philippines' richest people, Manuel Villar Jr, is planning to build a new integrated resort casino as the country's gambling industry is picking up. Villar Jr has chosen the sight of the Global South retail shopping complex as the new location, which he owes, thus sparing himself some of the technicalities around buying the land. He is…

For many years, gambling has been a leisure activity for people from all walks of life. It involves various games, often cards, dice, board, and sometimes sports, that interested parties find entertaining. Most of the time, people enjoy gambling in specific locations, such as casinos or hubs. Yet these areas are not always accessible to the general…

Billionaire Japanese gaming tycoon Kazuo Okada was arrested as soon as he set foot in the Philippines, upping the stakes in a battle over ownership of the Okada Manila resort hotel... The 80-year-old was well forewarned of the consequences of returning to the southeast Asian country, where he faces charges of "grave coercion" in relation to…

Japanese gaming tycoon Kazuo Okada was arrested by police authorities at Ninoy Aquino International Airport earlier this week, months after his group launched a "violent" takeover of the $2-billion Okada Manila casino complex, Philippine press reported yesterday. The Philippine National Police arrested Okada at Naia Terminal 1 at 5:40 a.m. Monday…

Gambling has existed for millennia and the first casinos opened for business some four centuries ago. But casinos are changing. Online betting is creating rigorous competition, so casino owners have pivoted to building dazzling edifices that are architecturally unique and offer far more than slots and table games. OLBG curated a list of 10 of the…

The bill, titled the Anti-Online Gambling Act, is currently awaiting consideration by a legislative committee. In an explanatory note describing the bill, Villanueva emphasised the urgency of the bill, asking for it to be passed "immediately". "The consequences of gambling and online gambling are too severe to be ignored," read the note. "The cost…

Alvin Chau, a well-known gambling executive in Macau, denied charges of illegal gaming, money laundering, and running a criminal syndicate during his trial on Monday. arrested on a warrant accusing him of illegal gambling on the Chinese mainland Chau served as the chairman of Macau's Suncity junket, which helps organize activities for Chinese high…

When you think of holidaying in The Philippines, you would be forgiven for not immediately thinking about visiting the casino. The South-East Asian archipelago is host to over 7600 islands of all shapes and sizes. Island-hopping, snorkelling or just lazing on the beautiful white sandy beaches would all probably spring to mind before you thought of…

The New South Wales Independent Casino Commission has warned casinos in the state that they will face "very severe consequences" if they engage in misconduct. The commission, which came into force today, has unprecedented powers to monitor casino activities and act against operators who take part in money laundering or other criminal…

Okada Manila heads up high to resolve ownership Universal Entertainment Corp (UEC) has announced that its motion to reconsider the Status Que Ante Order (SQAO) of the Okada Manila resort is now going to the High Court. Ousted former chairman and founder of UEC, Kazuo Okada, took control of the casino resort in May, after the SQAO was issued - and…

BGaming, a fast-growing content provider to the iGaming industry, goes live with its new slot Maneki 88 Gold, packed with Asian-inspired symbols, all-the-rage features, and 4 Jackpot levels. Maneki 88 Gold is the Asian-themed online slot with medium volatility and 96.9% RTP playing out on a 5-reel, a 3-row field with 243 ways to win. Magnificent…

2021-2030 Report on Global Resorts Casino Market by Player, Region, Type, Application and Sales Channel is latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. The report provides information on market trends and development,…

Good Morning. Laos has taken the first steps in regulating its online gambling industry, awarding a license to the Laos Offshore Gambling Authority, a private company that will oversee the business. The model is similar to the one adopted in the Philippines for Philippines Offshore Gaming Operators, or POGOs. Laos is lower cost and aims for a more…

Latest published market research report titled World Casino Resorts Market by Player, Region, Type, Application and Sales Channel, Forecast 2022-2030 is a meticulously planned activity where a wide range of aspects and factors that influence the Casino Resorts industry, as well as the marketing environment are taken into consideration. Our team of…

The AEW interim World Championship eliminator kicks off on tonight's Dynamite. A Casino Battle Royale will open the show, with the winner advancing to face number one contender Jon Moxley later in the show. The winner of that bout will advance to Forbidden Door on June 26, where they will face the winner of this Sunday's Hiroshi Tanahashi vs.…

HONG KONG, June 7 (Reuters Breakingviews) - Shareholders in blank-cheque firm 26 Capital (ADER.O) are getting more than they bargained for. It agreed in October to buy casino Okada Manila, but a long-running legal battle over the resort turned physical when its ousted boss seized the property last week. If that doesn't scupper the planned merger,…

Good Morning. In today's Deep Dive, Ilya Machavariani and Ivan Kurochkin, partners with consultancy firm 4H, take us through some of the latest developments in Central Asia. Two years ago, Kazakhstan took a retrograde step by introducing more restrictive legislation in what has the potential to be one of the most dynamic markets in the region. The…

The Philippine Amusement and Gaming Corp (PAGCOR) said on Wednesday that they are looking into an incident that involved an on-site confrontation between the then sitting management of Okada Manila and representatives of Okada Manila's founder, Japanese casino billionaire Kazuo Okada, on the other. Tiger Resort Leisure and Entertainment released a…

Good Morning. AGB's recent article on "where did skill-based slots go?" was well received, though more than a few questions were raised that needed answers. In today's Face-to-Face interview, AGB editor Felix Ng speaks to Michael Darley, CEO of skill-based slots supplier Next Gaming about what happened to skill-based slots during the pandemic, and…

The Latest research study released by HTF MI "Global Resorts Casino Market" with 100+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint and status. Understanding the segments helps in…

Global Casino Resorts Market Insights & Forecast to 2028 Acor Insights latest Market Research Findings on the Global Casino Resorts Market offers a detailed analysis into the worldwide or regional Casino Resorts market taking 2021 as the base year offering forecast till 2028. Information with respect to trade share, growth expectation, future…

Tiger Resort, Leisure and Entertainment Inc, the operator behind the Okada Manila property, has announced the soft launch of iGaming in the Philippines. The soft launch period will take place for a short time before the company expects to be fully operational in the domestic market. Ready for Full-Time Operations The soft launch takes place close…

Okada Manila has launched its online gambling platform The platform is an initial version of the bigger gambling site Okada Manila confirmed it will be releasing the platform in April The Philippines once shunned interactive gambling, but the country realized how useful the additional revenue can be in the absence of tourists and land-based…

The Okada Manila casino resort in the Philippine capital is offering online gaming for domestic customers in the nation with effect from mid-April. The resort's parent, Japan's Universal Entertainment Corp, said it had received approval from the Philippine authorities to run in tandem with its bricks and mortar casino (pictured), a total of eight…

Okada Manila operator Tiger Resort, Leisure and Entertainment Inc (TRLEI) says it has commenced a soft launch of its online gaming platform for the Philippines domestic market, with full expansion to take place this month. The launch comes almost a year after TRLEI received approval from gaming regulator PAGCOR to conduct online gaming out of Okada…

The number of visitors to Las Vegas exceeded 32.2 million in 2021, which was 10.7 million below the peak number of visitors in 2016. However, gaming revenue in Clark County in 2021 was $11.5 billion, which was approximately $600 million above the prior peak achieved in 2007. Occupied rooms in Las Vegas grew 70.7% in 2021, compared to 2020, from…

Okada Manila -which is preparing to list on Nasdaq through a SPAC as soon as this month-expects a strong earnings recovery as the Philippines reopens its borders to international visitors. The casino resort said in January that total revenue increased 24% to $399.6 million in 2021 from the previous year, bolstered by strong gaming revenues…

A three billion dollar casino of the future proposal is expected to land on regulators desks in New York before the end of the week. Jason Ader, a former board member of Las Vegas Sands and UE Resorts International are expected to submit a proposal for a casino resort on Friday under the working name, Mirai, which means "future" in Japanese. The…

Now's the time to roll the dice on the Big Apple, casino proponents say. Key lawmakers, backed by the powerful hotel and casino workers union, are pushing Gov. Kathy Hochul and the state Legislature to take action this year to award up to three casino licenses in the New York City region. The move comes after the New York State Gaming Commission…

Manhattan's East River waterfront is being eyed as a location for a "Monte Carlo"-style casino that would immediately become the world's "hottest" gambling facility, its promoter says. The planned East River casino submitted to the state Gaming Commission is the brainchild of Water Club restaurateur Michael "Buzzy" O'Keeffe and would be located…

A casino pitch for New York City includes what would be the world's largest cryptocurrency trading floor. The plans will be submitted by money manager Jason Ader on Friday, and also feature a landing pad for flying cars and an esports arena. A site for the project, which would cost about $3 billion or more, has not yet been confirmed, although Ader…

The new parent company of Philippines integrated resort Okada Manila has revealed plans to take part in the New York State Gaming Commission's requests for information (RFI), with a view to bidding for one of three New York casino licenses. Okada Manila International Inc, a subsidiary of Japan gaming giant Universal Entertainment Corp, will become…

High rollers in their flying cars will flock to Mirai should money manager Jason Ader's $3bn+ pitch win a New York City casino license. [Image: Shutterstock.com] Jason Ader, CEO of asset management firm SpringOwl, plans to put forward a $3bn+ bid for a New York-area casino license, with his proposal including a landing pad for flying cars and the…

Two casino resorts in the Philippine capital Manila have confirmed to GGRAsia they no longer have links to junket brand Suncity Group and say respectively that the separation was some time ago; an on-site check at a third casino venue shows that a Suncity-branded room has not been open since early last week. The information comes as all Suncity VIP…

This was a rise of 52.5% compared to the third quarter of 2020. A total of PHP1.68bn came from PAGCOR-operated gaming venues, a rise of 83.9% year-on-year. Slot machines made up PHP949.5m of this total, a year-on-year increase of 125.1%. Table games generated PHP485.3m of the total, up 141.3%. Junket operations made up PHP244.2m, a decrease of…

Jason Ader, chairman and chief executive officer of 26 Capital Acquisition Corp., plans to pursue casino opportunities in Japan and elsewhere after completing the purchase of a large casino resort in the Philippines. "The company will own assets beyond the Philippines over the next several years," Ader said in an interview Monday. "This company is…

Okada Manila, which operates Asian-based Tiger Resort, Leisure and Entertainment Inc., is going public by merging with special purpose acquisition corporation 26 Capital Acquisition Corp. ader in a deal with an implied enterprise value of $2.6 billion. 26 Capital is the Miami-based SPAC launched by billionaire gambling investor Jason Ader. The…

Philippines gaming regulator PAGCOR has reported a 27% sequential quarterly decline in revenue from licensed casinos in the three months to 30 June 2021 to Php16.99 billion (US$337.5 million), impacted by reduced business volumes in Entertainment City. With the National Capital Region continually affected by COVID-19 restrictions, gross gaming…

A number of casinos in the Entertainment City zone in the Metro Manila area has confirmed a temporary shutdown of gaming from August 6 to August 20, a period when the Philippine capital will be under the most restrictive "enhanced community quarantine" (ECQ), as a Covid-19 countermeasure, operators have respectively confirmed to GGRAsia. Resorts…

The historically anti-online gambling Philippine President Rodrigo Duterte has done a startling about-face in his stance on the subject, with Bloomberg reporting that gaming stocks have risen following his announcement earlier this week. "Go ahead and gamble" was the proclamation issued from Duterte's office on July 7. Bloomberg took to Twitter…

A prototype electronic table game not initially earmarked for Asian markets could prove to be a new regional hit for the Aruze brand. That is according to Kevin Lee, deputy general manager of Aruze Gaming Macau Ltd, in comments to GGRAsia on day two of the Global Gaming Expo (G2E) Asia 2019 casino industry trade show in Macau. "Roll to Win Craps"…

PAGCOR approved Tiger Resort's application after a board of directors meeting, allowing the operator to now offer online table and machine gaming. Approval is subject to payment of licence fees, compliance with casino regulations and anti-money laundering laws and test simulations. This will see Okada Manilla become the first of the four…

With permission from the Philippine Amusement and Gaming Corp (PAGCOR), Okada Manila Casino Resort can now offer online gaming to its patrons. On Monday, PAGCOR gives Okada Manila Casino Resort the green light to operate and offer online gaming to its customers. According to Universal Entertainment Corporation, "The system is scheduled to go into…

Andrea Domingo, head of the Philippine Amusement and Gaming Corp (PAGCOR), has confirmed three integrated resorts (IRs) in Manila were allowed to start offering online service for table games and slots. The IRs in question are Solaire Resort and Casino, Resorts World Manila and Okada Manila, but it's unclear if they are able to offer digital games…

In the Philippines and the giant Resorts World Manila and Solaire Resort and Casino properties have reportedly followed their neighboring Okada Manila venue in being officially licensed to offer online gaming to domestic punters. According to a report from Inside Asian Gaming, the authorizations under the Philippine Inland Gaming Operator (PIGO)…

MANILA, Philippines - State gaming regulator Philippine Amusement and Gaming Corp. (Pagcor) is ready to tap revenues from online gambling on electronic cockfights, better known as online sabong or e-sabong, even as it complains of the pervasiveness of this type of gambling during the pandemic when many Filipinos depend on the internet. Andrea…

Philippine lawmakers found a solution to the country's financial problems in taxing online gambling firms. Since the beginning of the coronavirus pandemic, online gambling has become huge hit in the casino industry in many countries including the Philippines. On Monday, the country's lower congressional chamber voted on a bill calling for the…

The head of the Philippine casino regulator has confirmed that three of Manila's Entertainment City gaming resorts are among venues approved to offer online gaming to domestic players via their premises using a new "PIGO", or Philippine Inland Gaming Operator, licence. They are: Solaire Resort and Casino, run by Bloomberry Resorts Corp; Okada…

State-run Philippine Amusement and Gaming Corp. (Pagcor) is set to introduce an online casino called "Live Shots" that will cater to Filipino gamblers. "The one that we have approved so far and might be implemented later this month or early next year is called Live Shots," Pagcor Chairman and Chief Executive Officer Andrea Domingo announced during…