Legal News

Wynn Resorts and Okada Must Freeze Their Legal Battle to Let the Feds Pursue Okada’s Alleged Casino Bribery
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Two casinos have been at each other’s throats, Wynn Resorts Ltd and those owned by Kazuo Okada; the owners used to be on good terms, but when Wynn donated $135 million in 2011 to the University of Macau Development Foundation, Okada was the only one to vote against the decision, and he has since insinuated that Wynn used the donation as a means to procure land in the Macau area. Though Wynn says the Nevada Gaming Control Board has found Okada’s claims unfounded, their legal battle persists – or at least it will: it is been put on hold for six months while U.S. prosecutors pursue a separate criminal investigation into Okada for possibly doing some bribing of his own, in building a $2 billion casino project in the Philippines.

Okada’s companies include the Japan’s Universal Entertainment Corp and Nevada-based Aruze USA Inc, and they are being pursued for violating the Foreign Corrupt Practices Act by making bribes in the Philippines. The feds are effectively shutting down the other case, and this at the allowance of Clark County District Judge Elizabeth Gonzalez, for six months in order to clear the air and focus on the primary legislation.

  
What
Where


“That doesn’t mean in five months and 15 days you come back and say, ‘Judge, we need another six months,’ because it ain’t happening,” said Gonzalez, according to Reuters.

Meanwhile, things are getting ugly with the Okada allegations. Former FBI director Louis Freeh had concluded Okada bribed Philippine gaming regulators, but Okada released a report by former Secretary of Homeland Security Michael Cheroff alleging Freeh’s allegation was “lopsided [and] lacks even the appearance of objectivity.” It seems Okada is good at making such insinuations to serve his purposes, but meanwhile the feds are stopping Okada from interfering with the investigations, saying that he could start “posing a real danger to the criminal investigation,” and that if he learned more about the probe it could have “a chilling effect on witnesses we have talked to.”

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!






 

RELEVANT JOBS

Criminal Defense Attorney Position - Experience Required

USA-CA-Los Angeles

Busy criminal defense firm looking for an experienced criminal defense associate who can manage othe...

Apply now

Estate Planning Attorney

USA-CA-Rancho Cucamonga

Job Details Full-time | Part-time$45 - $50 an hour Heather Lynn Law, APC www.heatherlynnlaw...

Apply now

Chief Counsel, Securities and Public Company Matters

USA-NY-New York City

Transfix, named to Forbes’ “Next Billion-Dollar Startups” list, is the leading tra...

Apply now

Immigration Attorney

USA-CA-Los Angeles

Immigration Attorney Job Description El Rescate is a non-profit agency that provides legal immig...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Liability Defense Attorney

USA-FL-Fort Lauderdale

Ft. Lauderdale office of our client seeks liability defense attorney with 3+ years of insurance defe...

Apply Now

Senior Family Law Associate Attorney

USA-CA-Murrieta

Murrieta office of a BCG Attorney Search Top Ranked Law Firm seeks senior family law associate attor...

Apply Now

Litigation Associate Attorney

USA-CA-San Francisco

San Francisco office of a BCG Attorney Search Top Ranked Law Firm seeks litigation associate attorne...

Apply Now

Most Popular

SEARCH IN ARCHIVE

To Top