Part V: Regional & Cultural · Asia-Pacific Regional Terms

3.6 Okada Manila

Philippines — Property

Okada Manila is an integrated resort in Entertainment City owned by Universal Entertainment Corporation (founded by Japanese pachinko tycoon Kazuo Okada). The property features a casino, hotel, the world’s largest multi-color dancing fountain, and luxury retail. Okada Manila has been the subject of high-profile corporate governance disputes, including a 2017 physical takeover of the property by Okada’s associates that resulted in multiple lawsuits and regulatory interventions. In 2023, the property was sold to a consortium led by 26 Capital for US$2.6 billion.

In practice

The Okada Manila ownership saga is one of the most dramatic corporate battles in Asian gaming history, involving physical confrontations at the property and multiple court cases across jurisdictions.

One entry from the Casino Industry Glossary — 1,157 terms written for surveillance, compliance and operations professionals rather than for players. Definitions describe industry usage; where a term carries a regulatory meaning, verify against the instrument that governs your jurisdiction.