Casino magnate: Fight not yet over, I still control TRLEI, Okada Manila

The camp of casino magnate Kazuo Okada insisted that the fight to regain control of his company is not yet over, saying the Tokyo decision regarding the agreement between his two children is not yet final.

In a statement issued by the casino magnate’s lawyers, they said Okada’s daughter, Hiromi, plans to appeal the Tokyo decision in the complaint filed against her by brother, Tomohiro.

“Until the decision becomes final, the fight is not yet over and Kazuo Okada remains in control of Universal Entertainment Corporation (UEC) as 99 percent owner of Okada Holdings Limited,” the lawyers said.

Okada Holdings Limited (OHL) owns 68 percent of UEC, the parent company of Tiger Resort Leisure and Entertainment, Inc. (TRLEI), the operator of Okada Manila.