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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 »

Genuino ‘bagman’ got $5M for casino project

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State-owned Philippine Gaming Corp. (Pagcor) on Sunday welcomed the discovery of what it said was new evidence of alleged corruption involving Rodolfo Soriano, a former consultant of the agency and a close associate of then Pagcor chairman Efraim Genuino.

Posted: November 19th, 2012 in Banner Story,Features,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 »

Rival countries out to stop Philippines from attracting casino investments—Pagcor chief

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Pagcor chairman Cristino Naguiat Jr. INQUIRER FILE PHOTO

Philippine Amusement and Gaming Corp. Chairman Cristino Naguiat Jr. told lawmakers that other countries were out to undermine the Philippines from gaining any headway in attracting investments from casino companies.

Posted: February 27th, 2012 in Latest Global Nation Stories | Read More »

Wynn Macau board ousts Japanese tycoon over Pagcor bribes

The board of casino operator Wynn Macau on Friday dumped Japanese gambling tycoon Kazuo Okada as a director over what it called “unacceptable conduct” involving alleged corruption in the Philippines.

Posted: February 24th, 2012 in Headlines,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 »

Pagcor denies casino graft

The Philippine Amusement and Gaming Corporation (Pagcor) confirmed Wednesday that top officials accepted free luxury accommodation from a Japanese tycoon but denied these were bribes to ensure a new Manila casino was built.

Posted: February 22nd, 2012 in Latest Global Nation Stories | Read More »

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