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Thursday, February 23, 2012

Wynn's Food Fight

It's premature to assess how the Okada/Wynn lawsuit will effect the financial viability of the Wynn/Kraft/Foxborough proposal, yet reports abound. Several are included below --

Japan tycoon bribed Pagcor execs - US lawsuit
By Delon Porcalla (The Philippine Star)
Las Vegas-based Wynn Resorts said in a lawsuit that Okada, Japan's pachinko king and a director of Wynn, went behind the company's back to build a stake in Asian gaming for his own Universal Entertainment group. Wynn also accused Okada of spending more ...

Japanese gambling tycoon bribed Filipinos: US lawsuit
WASHINGTON -- Japanese gambling tycoon Kazuo Okada was accused Tuesday in a U.S. lawsuit of paying off Philippine regulators and cheating his powerful Las Vegas partner.


Japanese gambling tycoon bribed PAGCOR officials: US suit
GMA News
WASHINGTON - Japanese gambling tycoon Kazuo Okada was accused Tuesday in a US lawsuit of paying off Philippine regulators and cheating his powerful Las Vegas partner. The lawsuit named former Philippine Amusement and Gaming Corporation (PAGCOR) ...

US suit tags Pagcor execs
Inquirer.net
By Daxim L. Lucas
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.

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