• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Friday 5 September 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
No Result
View All Result

Japan’s pachinko tycoon, Kazuo Okada making a comeback in Manila?

Andrew W Scott by Andrew W Scott
Thu 12 May 2022 at 11:00
Japan’s pachinko tycoon, Kazuo Okada making a comeback in Manila?

The key paragraphs in the Status Quo Ante Order issued by the Supreme Court of the Phillippines.

110
SHARES
2.7k
VIEWS
Print Friendly, PDF & Email

Inside Asian Gaming has received a Status Quo Ante Order issued by Division 2 of the Supreme Court of the Phillippines to Okada Manila’s management company, Tiger Resort, Leisure & Entertainment, Inc. (TRLEI), which, if enforced, would restore the composition of the board of directors of TRLEI to the composition it had in 2017, before the dispute between Universal Entertainment Corporation and Kazuo Okada began.

Okada was removed from the boards of TRLEI and its Japanese parent company, Universal Entertainment Corp, in 2017 following an internal investigation which alleged Okada had committed three cases of fraudulent acts against the company.

The Status Quo Ante Orde, dated 27 April 2022, for the case of “Kazuo Okada vs. Tiger Resort, Leisure & Entertainment, Inc, et al.” (G.R. No.256470), which is effective until further order, directs the “respondent, its agents, representatives, or any person acting in their place or stead, to MAINTAIN THE STATUS QUO prevailing prior to petitioner’s removal as stockholder, director, chairman, and CEO of Tiger Resort Leisure and Entertainment, Inc. (TRLEI) in 2017.”

The petitioner is named as Mr Kazuo Okada, and the respondent as Tiger Resort Leisure and Entertainment, Inc.

Inside Asian Gaming understands that TRLEI will be filing a motion for reconsideration of the order.

A legal expert based in the Philippines, who asked not to be named, told IAG, “The Status Quo Ante Order requires the return of the state of affairs prior to filing of the case. In the case of Okada [that means] his return to his board seat and position as CEO with TRLEI when he was evicted by the other group.

“What it means for TRLEI is that they need to comply with the Supreme Court’s order for the reinstatement of Okada. They can opt to file a Motion for Reconsideration but the Supreme Court rarely reverses itself and the reinstatement is likely inevitable.”

While the order must be concerning to TRLEI, it arguably raises more questions than answers, for example:

  • If the Status Quo Ante Order is complied with, for how long must the status quo be maintained?
  • If TRLEI refuses to comply, how and when is the order enforceable?
  • Will TRLEI’s motion for reconsideration be considered?
  • Are there any other avenues for appeal available to TRLEI?
  • If Kazuo Okada is restored as stockholder, director, chairman, and CEO of Tiger Resort Leisure and Entertainment, Inc., what will that mean for the company?

Only time will tell how this will play out.

[Ed: Less than 24 hours after the publication of this story, TRLEI issued a statement to IAG that it had filed for an Urgent Motion for Reconsideration.]

RelatedPosts

Travellers Group set to take majority equity position in development of Manila’s LETX hotel and casino to pave completion roadmap, planned to become operator upon launch 

Suntrust begins process of transferring control of Manila’s LETX project to Travellers by acquiring shares in new entity

Thu 4 Sep 2025 at 12:02
Philippines international visitation back to 70% of pre-COVID levels

Foreign visitation to the Philippines down 2.8% from January to July on lower arrivals from South Korea and China

Thu 4 Sep 2025 at 05:19
Philippines licensed casinos suffer 2Q24 GGR decline but E-Games sector drives industry growth

Philippines online gaming sector generates US$1.2 billion in fees in first seven months of 2025 as PAGCOR vows crackdown on illegal sites

Thu 4 Sep 2025 at 04:49
NUSTAR joins Brigada Eskwela 2025 to Support local kindergarten students

NUSTAR joins Brigada Eskwela 2025 to Support local kindergarten students

Wed 3 Sep 2025 at 16:46
Load More
Tags: Kazuo OkadaOkada ManilaPhilippinesPhilippines Supreme CourtTRLEI
Share44Share8
Andrew W Scott

Andrew W Scott

Born in Australia, Andrew is a gaming industry expert and media publisher, commentator and journalist who moved to Hong Kong in 2005 and then Macau in 2009, when he founded O MEDIA, one of Macau’s largest media companies, former and parent company of Inside Asian Gaming (IAG). Both O MEDIA and IAG were merged with US-based gaming media brand CDC Gaming on 1 January 2025, under new corporate parent Complete Media Group (CMG).

Andrew was appointed CEO of Complete Media Group upon the merger. CMG is now the parent of three gaming media brands: Inside Asian Gaming (focusing on land-based gaming in the Asia-Pacific region), CDC Gaming (focusing on land-based gaming in the Americas), and Complete iGaming (focusing on online gaming in the Americas and APAC).

Andrew continues to be Vice Chairman and CEO of IAG and now-sister company O MEDIA.

Current Issue

Editorial – Flipping the script

Editorial – Flipping the script

by Ben Blaschke
Thu 28 Aug 2025 at 12:30

This month represents an important milestone for Inside Asian Gaming as we launch IAG EXPO – an expansion of the...

Asia market roundup

Asia market roundup

by Ben Blaschke
Thu 28 Aug 2025 at 12:26

Inside Asian Gaming takes a deep dive into the state of Asia-Pacific’s key gaming markets: who’s hot, who’s not and...

Rewriting the rules

Rewriting the rules

by Newsdesk
Thu 28 Aug 2025 at 11:43

IAG EXPO, taking place at Newport World Resorts from 8 to 10 September, is not your usual trade show. IAG...

Test of character

Test of character

by Newsdesk
Thu 28 Aug 2025 at 11:28

Since its establishment in 1989, Gaming Laboratories International (GLI) has developed into the world’s most trusted name when it comes...

Evolution Asia
Your browser does not support HTML5 video.
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
NWR

Related Posts

Galaxy Macau signs four-year strategic partnership to bring UFC events to Galaxy Arena

Galaxy Macau signs four-year strategic partnership to bring UFC events to Galaxy Arena

by Pierce Chan
Thu 4 Sep 2025 at 12:13

Galaxy Entertainment Group has announced a four-year strategic partnership with the Ultimate Fighting Championship (UFC) to bring three UFC Fight Nights to Galaxy Macau’s Galaxy Arena between 2026 and 2029. Under the partnership Galaxy Arena will host the opening round...

Travellers Group set to take majority equity position in development of Manila’s LETX hotel and casino to pave completion roadmap, planned to become operator upon launch 

Suntrust begins process of transferring control of Manila’s LETX project to Travellers by acquiring shares in new entity

by Ben Blaschke
Thu 4 Sep 2025 at 12:02

Philippine-listed Suntrust Resort Holdings, Inc said Thursday that it has subscribed to 400 million common shares in Westside Bayshore Holding Corporation (WBHC) – the soon-to-be new holding company for Manila’s LETX integrated resort development – as the process to transfer...

Casinos remain closed as Goa extends lockdown measures for one week

Delta Corp puts Goa integrated resort project on hold pending resolution of crippling tax claims

by Newsdesk
Thu 4 Sep 2025 at 06:06

India’s Delta Corp has suspended construction of a US$285 million integrated resort project in Goa until it receives more clarity on moves to increase the GST charged on bets placed to 40% and retrospectively claim back taxes. The project, first...

Philippines international visitation back to 70% of pre-COVID levels

Foreign visitation to the Philippines down 2.8% from January to July on lower arrivals from South Korea and China

by Newsdesk
Thu 4 Sep 2025 at 05:19

The number of foreign visitor arrivals to the Philippines is down almost 3% for the first seven months of 2025 combined, impacted by the continued decline in visitation from key source markets South Korea and China. According to latest information...

Your browser does not support the video tag.


IAG

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE
  • 中文

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • 中文
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • 中文
  • English