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Casino bagman got $30M

Japanese billionaire Kazuo Okada’s Universal Entertainment funneled at least $30 million to an ex-consultant for the state gambling regulator, the Philippine Amusement and Gaming Corp. (Pagcor), who is now at the center of a bribery investigation, according to sources and company records.

Posted: December 1st, 2012 in Banner Story,Headlines | Read More »

Okada group also faces ‘contentious’ land ownership case

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LAS VEGAS-LIKE A scale model of the rising Entertainment City Manila, simply known as Pagcor City, a Las Vegas-like gaming and entertainment complex.

State-owned Philippine Amusement and Gaming Corp. (Pagcor) said that apart from the allegation of bribery hounding Universal Entertainment, it must settle a land ownership issue, which Pagcor described as “contentious,” at Entertainment City.

Posted: November 20th, 2012 in Features,Latest Global Nation Stories,Philippines | Read More »

$2-B casino deal in peril

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LAS VEGAS-LIKE A scale model of the rising Entertainment City Manila, simply known as Pagcor City, a Las Vegas-like gaming and entertainment complex.

The license issued to Universal Entertainment Corp. of Japanese billionaire Kazuo Okada to operate a casino in Manila will be canceled if it is found to have been obtained through bribery, Malacañang said Monday.

Posted: November 20th, 2012 in Banner Story,Features,Headlines,Latest Global Nation Stories,Philippines | Read More »

Lawmakers rally round Pagcor, move to ban Wynn

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Lawmakers on Monday called for banning American casino tycoon Steve Wynn from putting up a gaming business in the country for denigrating state-owned Philippine Amusement and Gaming Corp. (Pagcor) as part of his gambit to forcibly oust his partner, Japanese pachinko king Kazuo Okada, in Wynn Resorts and Wynn Macau.

Posted: February 28th, 2012 in Latest Global Nation Stories | Read More »

Former Pagcor chief denies getting gifts from Okada

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Efraim Genuino

Former Philippine Amusement and Gaming Corp. (Pagcor) chair Efraim Genuino refuted on Wednesday the accusations of US casino operator Wynn Resorts Ltd. that he received bribes from a Japanese gambling mogul when he was still at the helm of the state-run gaming firm.

Posted: February 23rd, 2012 in Latest Global Nation Stories | Read More »

US suit tags Pagcor execs

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Pagcor  Chairman Cristino Naguia and former Pagcor chairman Efraim Genuino. INQUIRER FILE PHOTO

The chairman of state-owned Philippine Amusement and Gaming Corp. (Pagcor) on Wednesday denied allegations made by an owner of US-based casino giant Wynn Resorts that he had received undue perks and favors from a Japanese businessman.

Posted: February 23rd, 2012 in Headlines,Latest Global Nation Stories,Photos & Videos | Read More »

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