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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 »

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