Okada to Meet with Gaming Control Board Over Foreign Payments

The Nevada Gaming Control Board has called in Japanese billionaire tycoon and previous Wynn director Kazuo Okada, along with three other directors of his Universal Entertainment Corp., for a closed-door hearing week that is next. It’s all right part of the Control Board’s ongoing research into allegations that $40 million in payments had been designed to Rodolfo Soriano, certainly one of Universal’s casino project consultants in the Philippines. Perhaps the insinuation is that Soriano received the cash to grease some Filipino palms, but we would never imply such thing, of course.

We could only report that both the FBI and the Philippines’ equivalent, the National Bureau of Investigation, have been taking a look in to the matter to see if such a thing improprietous ended up being done. Universal Entertainment has maintained that it acted lawfully in the Philippines; all things considered, who doesn’t give their specialists $40 million as being a token of these esteem?

Meanwhile, no body’s commenting: not the Nevada Gaming Control Board and certainly no one from Universal Entertainment. Maybe that is why they call it hush money.

No Wrongdoing Alleged

This is certainly where we have to make clear that no body has really or officially been accused of accomplishing such a thing, particularly anything wrong. However you can observe how it may look funny is all.

All this falls on the heels of Okada’s recent resignation Read more