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Universal Entertainment unit to buy stake in Philippines firm Asiabest Group International for 1.35 bln yen
Universal Entertainment files lawsuit for patent infringement issue
Wynn Resorts Appoints Three New Independent Directors
Universal Entertainment Corp is a Japan-based company mainly engaged in the development, manufacture and sale of gaming machines, as well as the integrated resort (IR) business and media content business. The Company operates through two business segments. The Gaming Machine business is involved in the research, development, manufacture and sale of pachislot machines, pachinko machines and peripheral equipment. The IR business operates casinos, hotels, restaurants, retail & leasing, entertainment and real estate development in the Philippines. The Company is also involved in the media content business.
Casinos & Gaming
Ariake Frontier Bldg. A, 3-7-26, Ariake
President, Chief Executive Officer, Chief Information Officer, Representative Director
Chief Financial Officer, Director
Executive Officer, Chief Director of Marketing
Executive Officer, Chief Director of Manufacturing
Hans Van Der Sande
Executive Officer, Chief Director of Overseas Business Administration
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Pachinko tycoon Kazuo Okada has asked the Philippine Stock Exchange (PSE) to block the proposed listing of Universal Entertainment Corp's domestic unit, saying the Japanese gaming company has no authority to proceed with the plan.
Philippines-based Tiger Resort Leisure and Entertainment Inc will open an office in Japan to study the potential for opening a casino in the country after the liberalisation of gaming laws, parent company Universal Entertainment Corp said.
Japan's Universal Entertainment Corp <6425.T> is taking its Philippines casino operator public through a backdoor listing in Manila, amid an uncertain political environment for the business in the Southeast Asian nation.
Japan's Universal Entertainment Corp is taking its Philippines casino operator public through a subsidiary's purchase of a majority stake in Manila-listed Asiabest Group International.
* Arrested by Hong Kong Independent Commission Against Corruption
Japanese gaming group Universal Entertainment Corp said on Monday its former chairman Kazuo Okada was arrested in Hong Kong in relation to multiple corruption-related offences.
* Says it has filed a lawsuit against Aruze Gaming America, Inc and an individual, claiming compensation for patent infringement
* Compensation lower than expected, Universal shares plunge 16 pct
Wynn Resorts Ltd has agreed to pay $2.6 billion to settle a lawsuit brought by Japan's Universal Entertainment Corp and its U.S. unit, ending a six-year old dispute that pitted casino mogul Steve Wynn against his former associate Kazuo Okada.
* Says its unit Tiger Resort Asia Limited signs financing contracts to take out loans of 33 billion yen from Baraja Investors Ltd and Mangkon Road Limited on Feb. 20, with a term of one year, and interest rate of 5 percent
(Corrects latest period to "9 months ended Dec 31, 2017" from "Year ended Dec 31, 2017") Feb 14 (Reuters)- Universal Entertainment Corp PARENT-ONLY FINANCIAL HIGHLIGHTS (in billions of yen unless specified) 9 months ended Year ended Year to NEXT Dec 31, 2017 Mar 31, 2017...
(corrects latest period to "9 months ended Dec 31, 2017" from "Year ended Dec 31, 2017") Feb 14 (Reuters)- Universal Entertainment Corp CONSOLIDATED FINANCIAL HIGHLIGHTS (in billions of yen unless specified) 9 months ended Year ended Year to NEXT Dec 31, 2017 Mar 31, 2017...
* Says it plans to set up a JV, Hong Kong Guangcai Universal Entertainment Limited, with China-based investment firm
* Says co filed a lawsuit against co's former chairman Kazuo Okada, claiming compensation for his three malpractice
* Says it files a lawsuit against Aruze Gaming America Inc regarding patent related dispute, claiming compensation of 100 million yen
Nearly three months after his ouster from the board at Universal Entertainment Corp, billionaire Kazuo Okada is fighting back to try to regain control of the $2.2 billion Japanese gaming group.
* Says it received investigation report from special investigation committee
Japan's Universal Entertainment Corp has lost a defamation suit against a former executive who sued the company claiming it wrongly blamed him for helping make a $10 million money transfer in 2010 that later came under the scrutiny of the FBI. The Tokyo District Court ruled...
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