The hearing is part of an investigation of the Nevada Gaming Control Board

Kazuo Okada meets Nevada officials

(US).- The chairman of Universal Entertainment Kazuo Okada and three other directors of the Japanese gaming company will be in Las Vegas this week for a closed-door hearing with Nevada gaming regulators.
2013-03-12
Reading time 26 seg
(US).- The chairman of Universal Entertainment Kazuo Okada and three other directors of the Japanese gaming company will be in Las Vegas this week for a closed-door hearing with Nevada gaming regulators.

The Las Vegas Review-Journal says that the hearing is part of an investigation the Nevada Gaming Control Board launched last year into allegations of us$ 40 million in payments to Rodolfo Soriano, a consultant to Universal Entertainment’s casino project in the Philippines, our sister publication Business Daily reports.

Wynn Resorts cancelled Okada’s near 20 percent Wynn stake in February 2012 after saying he was ‘unsuitable’. Wynn Resorts it the parent company of Macau-based gaming operator Wynn Macau.

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