- Services Clients :
- 00221 33 827 45 75
- 00221 78 177 29 52
- contact@koundagroupe.com

Kazuo Okada, the billionaire that is japanese previous friend of Steve Wynn, wishes to turn Manila into the new Macau.
Kazuo Okada, the billionaire chairman of Universal Entertainment Corp and Tiger Resorts Entertainment Inc, could be upping their investment in Manila to $4 billion, as he seeks to transform the capital that is philippine ‘Entertainment City’ into the new Macau.
This would represent Okada’s investment that is biggest of most time, said Takahiro Usui, COO of Tiger Resorts this week.
Usui also revealed that the fruit of this investment, a 993-room hotel and casino resort scheduled to start in November, has a name that is new. The task previously referred to as ‘Manila Bay Resorts’ has become ‘Okada Manila,’ which suggests the Japanese gaming mogul has learned a thing or two from his previous business partner-turned-foe Steve Wynn, and associated with the value of plastering your name over the front side of a casino.
Wynn Feud
Okada ended up being a Wynn Resorts executive and a shareholder that is major the business, until he was ousted in 2012. The 73-year-old businessman that is japanese whom made his fortune manufacturing Pachinko machines, had initially expected his old buddy Wynn to come on board with all the Manila project as he received a video gaming permit there in 2008.
Okada had bailed Wynn out to the tune of $455 million to help finance the completion of Wynn Las Vegas and Wynn Macau, for which he received a 20 percent stake in Wynn Resorts.
But Wynn felt that the project might endanger his licenses elsewhere. Somewhere along the line, the relationship fell apart completely and it has since descended into ongoing litigation. Wynn Resorts has accused Okada of earning incorrect payments to Philippine video gaming authorities in order to secure the license, an allegation Okada denies.
Saturation Warning
On conclusion, the fee of the resort, initially expected to be around $2.3 billion, could to rise to $4 billion, as soon as several additional phases of non-gaming amenities are introduced. These add a 330-foot high dancing water fountain and indoor beach.
Meanwhile, Okada is looking at developing additional casino tasks around the Philippine islands, including Palawan and in Davao.
Tiger Resorts said this week it planned on targeting the locals market during its very first 12 months of operation before seeking Japanese and Korean punters, as well as Chinese VIPs fleeing the crackdown that is anti-corruption Macau.
But some analysts are warning of oversaturation once the Okada Manila is finished, in a market where Solaire therefore the populous City of desires Manila are currently contending for space.
‘Okada is visiting town, a grim reminder to investors of the oversupply dealing with a market that has already been competitive,’ Jonathan Ravelas, chief market strategist at BDO Unibank Inc, told Bloomberg this week. ‘ This is a property that is serious the real question is who among the existing players gets hit the most. This is the time to capitalize on gains.’
RNC Brings Out Las Vegas Power Brokers for Trump, Cruz Rebuffed by Adelson
At the Republican National Convention (RNC) on Wednesday night, all hell broke loose.
Las Vegas energy brokers flexed their muscle in help of now-affirmed GOP nominee Donald Trump, and Texas Senator Ted Cruz made a look that didn’t sit all that well with one of the charged energy brokers in certain.
Billionaire Las Vegas developer Phil Ruffin stumped for Trump on the third nights the Republican National Convention (RNC) by touting the nominee’s business record and personal honor. no deposit bonus codes for bondibet casino (Image: lasvegassun.com)
Billionaire businessman and longtime Trump friend Phil Ruffin, who owns Treasure Island in the Las vegas, nevada Strip, spoke towards the delegates and audience during the packed Quicken Loans Arena in downtown Cleveland. (See Ruffin’s entire presentation below this story).
Ruffin is really a 50 percent owner of the Trump Global resort and Tower (a non-gaming property) in Las Vegas with his friend, having donated the land that ended up being as soon as under the New Frontier, which Ruffin owned.
Meanwhile, Las Vegas Sands Chairman Sheldon Adelson, the man dumping $100 million into the Trump campaign, quietly observed from his VIP suite.
Ruffin told the RNC that Donald’s ‘word is his bond,’ and that in the bank. if he tells you something, ‘put it’ The two high-powered businessmen have multi-decade reputation for relationship and business discounts.
But the close Trump ally raised some eyebrows when he talked about working together with the candidate that is presidential Sin City.
‘We had $500 million in debt, Donald does perhaps not give up,’ Ruffin said, while explaining how the recession that is economic 2007 impacted the project. ‘He stated, ‘Let’s move forward’ . . . Today, we have no debt, so we’re going to produce a bundle onto it also it’s become a huge success.’
Opponents quickly questioned if the reversal of fortune was at the expense of contractors and construction workers. That’s just what those in Atlantic City have actually been alleging was the outcome during Trump’s 20-something years into the casino business in New Jersey.
Ruffin said Trump constantly will pay his bills on time, but PolitiFact stated that at the least 60 lawsuits have actually been filed within the full years against Trump for failing continually to pay for services rendered.
On Thursday night, the last night for the Republican confab, Trump himself makes his case to the American public as he addresses the RNC.
Upstaging Cruz
The day before, Wednesday evening was supposed to be the first day of the GOP unification with the RNC having formally nominated Trump. It was anything but as it turned out.
Numerous GOP heavyweights echoed support for the billionaire candidate, including former presidential aspirer Wisconsin Governor Scott Walker, former home Speaker Newt Gingrich, and Trump’s own recent vice presidential choose, Indiana Governor Mike Pence.
But it ended up being Trump’s runoff foe that is largest, Texas Senator Ted Cruz, who stole the show, albeit for all your wrong reasons.
Much speculation echoed throughout the arena prior to the Texan’s speech on whether he would finally endorse Trump, thus keeping his word to the pledge that is primary.
He don’t.
The latest York delegation (headed by Donald Trump, Jr.) grew furious during Cruz’s lengthy speech. They chanted for him to officially back their man, to which the senator paused, and acknowledged their ‘enthusiasm’ in a plainly sarcastic modulation of voice.
Cruz urged voters to ‘vote your conscience, vote for candidates up and down the admission who you trust to defend our freedom, and also to be faithful to the constitution.’ The line was seen by many as urging conservatives never to abandon Republican candidates simply because they don’t really like Trump. Nor achieved it ever point out the presidential nominee, in a rather obvious sin of omission to the increasingly restless crowd.
When it became apparent that Cruz wouldn’t be having a page out for the Reagan playbook by building a endorsement that is grand the convention, Trump, who had briefly appeared on stage earlier in the day to shake their brand new VP’s hand, joined the building to resounding applause. Waving and smiling, he showed up a little like a Roman emperor at a gladiator game.
The chaos overshadowed Cruz’s shutting remarks as well as the senator had been soundly booed off the stage by The Q audience.
Adelson Brushes Off Cruz
Worth about $30 billion, based on what the stock market did that Sheldon Adelson and his wife Miriam are the biggest Las Vegas power brokers in 2016 day. And also fellow billionaires like Trump require a lot of money from big donors to get the exact distance in a presidential competition.
GOP nominee Donald Trump is in a league of their own, but when it comes to wealth that is personal few can match Sheldon and Miriam Adelson, seen to Trump’s left on Wednesday night at the RNC. The Republican mega-donors have put up $100 million to fuel a Trump victory. (Image: Andy Abboud/twitter.com)
Cruz’s message may have placed him in good graces utilizing the ‘never Trump’ faction, however it also cost him one really wealthy, now previous, friend.
According to reports that are various including CNN’s Dana Bash, Cruz was turned away through the casino tycoon’s upscale Q suite after their speech.
The Texan has currently hinted at running for president in 2020, regardless of Trump’s outcome versus Hillary Clinton. Cruz’s campaign will likely should do it now without Sheldon Adelson’s support, should he opt to run.
Valve Gives Skin Gambling Sites Ten Days to Shut Themselves Down
Valve threatens to knock Counter-Strike skin gambling sites off the Steam platform if they don’t close up shop within ten days. (Image: Valve Corporation)
The Valve Corporation is making good on its term to dismantle the multi-billion dollar industry in skins gambling that has grown up around its hit game Counter-Strike: worldwide Offensive (CS: GO) over the past few years.
The games maker, which also owns the Steam distribution platform, has sent violation notices to 23 skin wagering sites demanding that they cease gambling operations within 10 days or their Steam accounts is going to be terminated. The third-party gambling websites need to have access to your Steam market in order to operate since they must transfer skins to and from their sites.
Valve had been accused of sanctioning the transfer of skins, rare designer that is collectible in CS: GO, to third-party gambling sites, and also of profiteering from skin wagering. At least two legal actions have accused Valve of motivating and facilitating gambling that is underage.
The company had stayed quiet regarding the issue until last week whenever it moved to distance itself from the gambling sites and reject that it had ever profited from them.
False Assumptions
Valve added a function to Steam in 2011 that allowed users to trade items from games that had their own in-game economies, including CS: GO skins. But the idea that the organization had sanctioned the transfer of these items to websites that are third-party a ‘false presumption,’ said Valve’s Erik Johnson.
Rather, the sites that are third-party exploited the business’s OpenID application programming interface and had been in direct breach of its terms and conditions.
Valve waited until it was threatened with legal actions before acting, which still lays it open, perhaps, to accusations of debateable behavior, but the cease and desist letters show that the company is now extremely intent on taking down the industry.
CSGOBig.com Complies
The contents of the letters were published by among the sites targeted by Valve, CSGOBig.com, which informed its customers it had been complying with the demand to cease its gambling operations, at least temporarily.
‘We are aware that you are operating one of the gambling sites down the page,’ had written Karl Quackenbash, general counsel to Valve Corporation. ‘You are using Steam accounts to conduct this company. Your usage of Steam is subject to the terms of the Steam Subscriber Agreement (‘SSA’).
‘Under the SSA Steam and Steam services are certified for persona, non-commercial use only,’ it continued. ‘ Your use that is commercial of records is unlicensed and in violation associated with the SSA. You ought to straight away cease and desist further utilization of your Steam is the reason any commercial purposes. In the event that you fail to do this within ten (10) days Valve will pursue all available treatments including without limitation terminating your accounts.’
‘We are posting this as a PSA for everyone to be aware that other web sites are affected too,’ wrote CSGOBig.com. ‘And whoever has things on other sites SHOULD withdraw them when they claim they will stay to operate.’
Rio Terror Plot Foiled by Brazilian Authorities, Vegas Defends Summer Olympics Sports Betting
Brazilian officials aren’t banking on Christ the Redeemer maintaining the 2016 Summer Olympics secure, and another Rio terror plot had been uncovered. (Image: AFP/Getty)
A Rio terror plot planned to be completed by sympathizers of the Islamic State of Iraq and Syria (ISIS) has been intercepted. Brazilian authorities disclosed this week that 10 individuals have been arrested on suspicion of undertaking an attack throughout the future Olympics.
With only 15 times until the opening ceremonies and on the heels for the Orlando nightclub massacre and Nice, France terror, Brazil is on high alert.
Brazil’s intelligence agency ABIN intercepted the plans, but admittedly unveiled the group had been ‘absolutely amateurish.’
‘Those involved participated within an group that is online ‘the defenders of Sharia’ and were preparing to get weapons,’ Brazilian Minister of Justice Alexandre Moraes stated throughout a press conference. ‘They were complete amateurs and ill-prepared.’
