Universal Leisure Announces Modern casino Businesses ‘Organizational Realignment’ to maintain Kazuo Okada Away
Japanese playing games machine manufacturer and gambling house operator Very easy Entertainment Company announced Sunday that it will undertake the ‘organizational realignment’ within the business to prevent it has the founder along with former Chair person Kazuo Okada and other ‘unsuitable individuals’ by assuming an enterprise execution position.
The relocate comes a year after Mr.. Okada appeared to be ousted with the company’s deck over accusations of fraudulent money exchanges carried out by the main businessman together with a former Simple Entertainment Overseer. It was identified that on a occasion typically the gaming carrier’s founder experienced extended the sum of HK$135 huge number of as a mortgage to a third-party business, which often had become related to Mr. Okada himself. The pass had been achieved without any certain approval from the company’s deck and had gained Mr. Okada.
Aside from a good gaming producing business, Wide-spread Entertainment also owns Gambling Resort Asian countries Ltd., often proves to be a company associated with Philippines-based Competition Resort, Enjoyment and Celebration , the very operator belonging to the Okada Manila hotel along with casino turn in the money Manila.
Simple Entertainment explained in a Monday filing towards JASDAQ Exchange that it wants to prevent ‘unsuitable individuals’ right from participating that is in its casino-related businesses .