Okada was formerly an executive at Wynn Resorts,[1][2] and co-founder and former chairman of the Universal Entertainment Corporation, until his ousting in 2017 after allegations of financial mismanagement.
Okada proceeded alone with the investment, forming a local company, Tiger Resort, Leisure and Entertainment, Inc., to handle the development of the Manila property.
[6] Universal Entertainment Corporation subsequently removed him from his chairman position by convincing his family members to vote him out of his Okada Holdings leadership role.
[3] Charges of misappropriating funds filed against Okada with Hong Kong Independent Commission Against Corruption and Parañaque City Regional Court by Universal Entertainment Corporation have since been dismissed.
Far from being valid cases, their baseless accusations only serve to demonstrate the grand conspiracy perpetrated by my detractors who betrayed my trust", and vows to continue fighting for reinstatement as director, chairman and chief executive officer of the company.