Tiger Resort, Leisure and Entertainment Inc., (TRLEI) the integrated resort operating under the name Okada Manila, continued to report a drop in both revenues and earnings but showed that quarterly gaps are becoming narrower. TRLEI’s parent company Universal Entertainment Corporation disclosed in...
Japanese gaming firm Universal Entertainment Corporation (UEC) expects to end the year with a loss, partly due to the weak VIP market hounding its Philippine integrated resort, Okada Manila, and other casinos operating in the country. In a disclosure to the Tokyo Stock Exchange, UEC said that based...
Tiger Resort Asia Limited (TRAL) has divested its majority stake in publicly-listed Asiabest Group International Inc. (ABG), dashing hopes for the backdoor listing and follow-on offering of integrated resort Okada Manila. In a disclosure to the Philippine Stock Exchange (PSE), ABG stated, “We...
Tiger Resort, Leisure and Entertainment Inc. (TRLEI), the local unit of Japan’s Universal Entertainment Corporation and owner of the Okada Manila integrated resort, is looking to attract more tourists from Japan, South Korea, and Southeast Asian countries to boost both gaming and hotel revenues....
Davao tycoon Dennis A. Uy’s PH Resorts Group Holdings Inc. reported that it has failed to sell its Emerald Bay casino resort project in Cebu to Okada Manila owner Tiger Resort Leisure & Entertainment Inc. (TRLEI). In a disclosure to the Philippine Stock Exchange (PSE), the firm said its...
Okada Manila is expecting 2024 to be a better year for the integrated resort and casino on expectation that tourism will be normalized after the Covid crisis is almost over. In an interview, Okada Manila Chief Managing Officer Kenji Sugiyama said, “we still see more opportunity after Covid and...
Davao tycoon Dennis A. Uy has found a new partner in Japanese gaming firm Universal Entertainment Corporation (UEC), which has agreed to complete the partially-developed Emerald Bay Resort in Cebu. UEC will be developing the casino resort complex through Philippine subsidiary Tiger Resort Leisure...
The Court of Appeals (CA) has thrown out a lower court ruling which had found merit to put to trial for estafa the Japanese pachinko king, Kazuo Okada, former Chairman and Chief Executive Officer of Okada Manila. In a decision dated Dec. 9, 2021 but obtained only recently, the CA also quashed a...
Okada Manila International Inc. (OMI) will be listed on the US NASDAQ through a merger with 26 Capital Acquisitions Corp, a special purpose acquisition company listed on the US NASDAQ. In a disclosure to the Tokyo Stock Exchange, Universal Entertainment Corporation (UEC), the parent company of...
