\nPAGCOR emphasizes its neutrality in the intra-corporate dispute in Tiger Resort, Leisure and Entertainment, Inc., in light of news reports accusing the regulator that it is biased in favor of the group of Mr. Okada,”<\/strong> the agency’s latest statement on the matter explained. “PAGCOR has only recognized and will only recognize the orders of the Supreme Court, and will exercise its authority as regulator without violating or disrupting the Status Quo Ante Order and other orders issued by the Supreme Court.”<\/strong><\/p>\n<\/blockquote>\nPAGCOR concluded by saying it is the Supreme Court’s responsibility to resolve the intra-corporate ownership dispute.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kazuo Okada, 79, was ousted from control of his namesake casino resort in the Philippines in 2017. Now, it’s the Japanese billionaire who is doing the ousting. Okada led a forcible takeover of the $2.4 billion Okada Manila casino last week. Armed with 50 security guards and Filipino police, the Kazuo-led group assumed control of […]<\/p>\n","protected":false},"author":25,"featured_media":216226,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[69069,60],"tags":[],"acf":[],"yoast_head":"\n
Kazuo Okada Addresses Okada Manila Staff, Ousted Owners File Lawsuit<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n