Tomohiro Okada to join Okada Manila backer Universal board
Regulation · 2024-08-21

Tomohiro Okada to join Okada Manila backer Universal board

Tomohiro Okada, a son of Kazuo Okada, the ousted founder of Japanese gaming conglomerate Universal Entertainment Ltd, has been proposed for election as a director of Universal Entertainment at an extraordinary shareholders’ meeting due on September 16.

The information was in a Tuesday announcement.

Mr Tomohiro Okada is already a director of privately-held Hong Kong firm Okada Holdings Ltd, which is the parent company of Universal Entertainment.

The latter group controls Tiger Resort, Leisure and Entertainment Inc (TRLEI), the promoter of the Okada Manila casino resort in the Philippine capital.

The Tuesday statement said the reason for seeking to add Mr Tomohiro Okada as a Universal director was to “strengthen the company’s business activities in Japan and overseas”.

The statement also confirmed that the September 16 meeting would see tabled a proposal for dismissal of Jun Fujimoto, a Universal Entertainment director, due to the Tokyo High Court ruling that he had “breached his fiducial duty or duty of loyalty as a director”.

That followed a shareholder suit of April 26 this year, claiming compensation for damages due to Mr Fujimoto’s alleged actions.

Mr Kazuo Okada has previously contested his ousting as chairman and as a director of Universal Entertainment. He has also previously contested – via the Philippine Supreme Court – who or what should control Okada Manila and TRLEI.

Popular articles
New Jersey July Gambling Revenue Hits $606M, Sweeps Casinos Banned
Regulation
Super PAC Raises $48 Million: Sports Betting Forces Ramp Up Political Push
Regulation
What’s on the SBC Summit Conference Agenda in 2026?
Marketing
1spin4win grows its Latin American presence by partnering with Fortuna Juegos
Online Game
GAT Expo CDMX 2026 Kicks Off Today in Mexico with a Sold-Out Opening Reception at Big Bola Casino Santa Fe
Marketing
GAT Expo Puerto Rico Will Pulse with the New Era of Gaming in the Caribbean
Marketing
PropellerAds Positions Itself as a Go-To Traffic Source for iGaming Advertisers Ahead of a High-Demand Season
Marketing
Zenith partners with HUIDU for 2026 World Cup Carnival Official Tour
Online Game
DB Gaming Is One of Asia’s Top-Tier Game Solution Providers, Recognized as a Pioneer in the Asian Gaming Industry.
Marketing
That’s a Wrap: AffPapa Conference Madrid 2026 Highlights
Online Game
Vietnam’s Controlled Gaming Shift Gains Ground, But Domestic Demand Still Lags
Southeast Asia
Global Game Connect (GGC) 2027 Officially Opens Sponsorship & Exhibition Opportunities in Sri Lanka!
HUIDU Focus
Full House at GAT Expo Cartagena 2026 Academic Agenda
Online Game
GAT CDMX 2025 Institutional Academy: Leaders and Experts Analyze the Present and Future of the Gaming Industry in Mexico and Lat
Sports Game
JILI Partners with Cricket Legend AB de Villiers (ABD) to Launch Exclusive Branded Game Series 100% 11
Sports Game
Home
Game
Cooperation
Find
My