Philippines Gaming Regulator Acknowledges Presence During Okada Manila Seizure

Philippines gaming officials acknowledged this week it had a “monitoring team” on the grounds of Okada Manila when an army of private security measures guards and members of the Philippine National Police forcible took controller of the $2.4 1000000000 casino resort.

On Tuesday, Tiger Resort, Leisure & Entertainment Inc. (TRLEI), the parent owner and manipulator of Okada Manila, said an unlawful coup of the gambling casino property occurred led past Japanese billionaire Kazuo Okada. Company officials alleged the incident was “violent” and “illegal.”

The raid stems from a recent Republic of the Philippines Supreme Margaret Court “Status Quo Ante Order” that ordered TRLEI to restore its board report to its 2017 war paint that included Okada at the helm. Okada has maintained since his 2017 ousting from TRLEI and its associated Universal Entertainment Corporation that he was wrongly forced come out of the companies he founded to a greater extent than 50 years ago.

Agency Reps Witnessed Incident

The Filipino Amusement and Gaming Corporation (PAGCOR), which regulates the foursome commercial message casinos in Manila’s Entertainment City, i existence Okada Manila, confirmed yesterday it had representatives on situation during the onslaught.

“The PAGCOR Monitoring Team assigned inward Okada capital of the Philippines monitored the position with the resolve of protecting the interests of PAGCOR and the government, and to ensure that operations are non disrupted and the welfare of the playing patrons is ensured,” PAGCOR said inwards a statement.

PAGCOR, which in increase to regulating commercial message casinos operates its have government-owned gaming venues under the Casino Philippine brand, says its only when responsibility on the belongings is to tell safe operations for workers and guests. The country bureau explained that it did non interfere with the Kazuo-led offensive.

Hours after the raid, a financial statement released by “The group of Chairman Kazuo Okada” said it’s “once once again managing Okada Manila. All trading operations remain business concern as usual.”

Details Finally Emerge

Little was known virtually the takeover when TRLEI released a statement claiming society executives were forcibly escorted from their offices and cancelled the property. Tiger Resort said the wildcat chemical group “illegally and violently took over the premises … employing brute thrust and intimidation to oblige paint legitimate officers to resign the premises.”

The Okada grouping later denied those claims expression at that place “is no more truth” to the allegation that a violent or illegal takeover occurred. PAGCOR, supposedly an impartial party in the matter, sought to elucidate the incident with its have business relationship of events.

“At around 9:45 am on May 31, 2022, the team up from the former management of TRLEI arrived at Okada Manila. They proceeded instantly to the office staff to meet [Universal Entertainment Director] Mr. Hajima Tokuda,” the PAGCOR financial statement explained.

The Sheriff served the Supreme Court Status Quo Ante Order to Mr. Tokuda [and] informed Mr. Tokuda that based on the SQAO, Mr. Kazuo Okada was restored as Chairman and CEO of TRLEI. He and then officially introduced the grouping of Mr. Kazuo Okada (who was lay out at that clip thru whizz along conference). The picture group discussion ended at around 12:10 pm,” the PAGCOR financial statement continued.

“The PAGCOR Monitoring Team on obligation at that clip reported that Mr. Tokuda was and then escorted outside the premises without beingness bodily hurt. The unit incident was covered past closelipped circuit television system cameras,” PAGCOR concluded.