Kazuo Okada Sues Family member To really Restore Control Of His Kingdom

Kazuo Okada Sues Family member To really Restore Control Of His Kingdom

Japanese gaming tycoon Kazuo Okada has filed a lawsuit against his family in an attempt to regain control of his company Okada Holdings, which is the parent company of Universal Entertainment. Kazuo Okada built a gaming empire that is now under threat and Okada is pursuing legal recourse to make sure that he still has full control.

Universal is a leading slots, pachinko and casino equipment manufacturing company in the region and Okada Holdings currently has a 67.9 percent stake in it. Okada was removed from the board of Universal Entertainment in June on allegations of financial irregularities. There are no details yet available on legal suit filed by Okada.

Okada owns 46.4 percent of Okada Holdings while his daughter, son and wife together hold 53 percent giving them the controlling stake in the company. His family seized control of the Okada Holdings’ board in May 2017.

In a Reuters report, Okada has stated that the lawsuit was now the only option to bring his son and daughter to the negotiating table. He has not seen his son Tomohiro for over two years and is not aware about the whereabouts of his daughter Hiromi. Okada said that Tomohiro had gone against him due a belief that he hadn’t been paid dividends commensurate to his stake.

Okada is hoping that through the lawsuit, a judge might order a settlement negotiation between them. According to Okada, his ouster from the board was not correct. He said that he had been blindsided by the news of his ouster which he learnt only on May 18. Okada stated that he had been informed by Universal’s board only on May 23 that he was being investigated for financial irregularities.

In a filing made with Tokyo Stock Exchange, Universal’s president Jun Fujimoto stated that there was reason to believe that Okada had carried out irregular transactions worth over $ 17 million in 2015 for his personal benefit. Okada has claimed that the investigation was an attempt by Fujimoto to take control of the company. A recent news report alleges that Fujimoto stated in a letter that Okada was unfit to be a director of a company and the same was sent to a prominent shareholder.

Okada has dismissed the allegations stating that the transaction was in fact a director’s loan taken for expanding junket operations for Universal’s new casino in the Philippines – Okada Manila. Universal has refused to comment on any of Okada’s assertions. The company has said that it will make additional disclosures on the matter in its next filing after the internal investigation into Okada’s dealings is completed.

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Play’n GO Moves to really Norse Exciting activities in Viking Runecraft Slot

Play’n GO Moves to really Norse Exciting activities in Viking Runecraft Slot

Play'n Go announce Viking Runecraft slot

Play’n Go powered Viking Runecraft slot game will soon be released in online casinos.

Swedish software provider Play’n GO proudly presents the latest addition to their extensive portfolio of high quality games, which will be familiar to anyone who had at least once played titles like Candy Crush or Farm Heroes Saga.

The new release is called Viking Runecraft and promises a lot of excitement, entertainment and lucrative payouts to all those brave enough and skilled enough to embark on this quest.

A Unique Gameplay

Viking Runecraft has a unique and very challenging gameplay, which is completely different from what a regular slot machine player is used to. The game features a 7×7 grid, filled with various Viking-themed symbols, including runes, axes and helmets.

The game starts on Journeyman level, whereas the ultimate goal is to reach the level of Gods. To do so, you will have to clear patterns in order to advance to the next level. On each level, there is one of the four Gods present – Thor, Odin, Freya, or Heimdall – and each of them can randomly activate a feature that will increase your payouts.

  • Thor – gives 5 to 9 Wild symbols
  • Odin – 4 Wilds are created in groups of two
  • Freya – Wild symbols are created in four clusters, until a win is achieved
  • Heimdall – one Wild is created on each row

As we said earlier, to reach a next level, you must clear patterns or, to be more specific, fill them with winning combinations. Patterns are generated randomly at the beginning of an each level.

But That’s Not All

The game has many other equally exciting and rewarding features, such as Runes of Valhalla, Charge of Destruction and Ragnarok Free Round. This is a title you’ll definitely want to check out. Play’n GO slots will never disappoint.

The game will be equally appealing to those looking for some fun and those seeking a big win. Since this is a high variance video slot, it can leave you cashless very quickly, but can also reward you with hefty payouts. Viking Runecraft has an RTP of 95.3%.

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Microgaming to really Role To get Specter considering the Opera Slot

Microgaming to really Role To get Specter considering the Opera Slot

The Phantom of the Opera slot coming soon to Microgaming casinos.

The Phantom of the Opera is coming to the world of online slots, as world-famous software provider Microgaming has obtained the licence to produce the unique game.

Expected to arrive later this year, the slot is based on 2004 movie starring Gerard Butler. The movie itself was an adaptation of the acclaimed Andrew Lloyd Webber’s musical and proved to be a huge Box Office success, earning more than $ 150 million.

More than thirty years after its premiere, the 1986 musical has become a cult classic. It is the longest running show in Broadway history, as well as the highest earning show in history, grossing more than $ 6 billion.

About The Phantom of the Opera Slot

The video slot will feature the movie’s main characters and unforgettable musical numbers sang by the actors themselves, as well as original film material, behind the scenes footage and much more.

The players will have the chance to meet the elusive Phantom, hiding and lurking in his subterranean lair beneath the Opera House, and Christine, whose beauty captures the heart of the Phantom. Everything is set for an adventure of epic scale and generous payouts, with thrilling twist and mesmerising soundtrack.

Microgaming Game Publisher, David Reynolds emphasised the enormous success of the Phantom of the Opera and its iconic status. He promised a title worthy of its name, with lots of main game features and action-packed free spins.

He also stated this was a new genre for Isle of Man-based developer and quite a challenge, with a great amount of know-how invested in its completion. Reynolds announced the game is to be expected in the second part of the year.

Microgaming is one of the leaders in the online gaming industry, claiming to have released the first genuine online casino back in 1994. Since then, the company has launched more than 850 unique casino games with over 1200 variants. Their portfolio consists of both licensed and proprietary content for which the company received the industry’s most prestigious awards.

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Are there really that many Flat Defination of Game of 21 Piece Wagers?

Are there really that many Flat Defination of Game of 21 Piece Wagers?

bonus-blackjackAs the number of different Blackjack game variants keeps on growing in number as more and more casino sites increase the range of their Blackjack games, you will often come across some variants on which you may be required to place a side bet or will be given the option of placing a side bet and when placed a range of bonus payouts will then be possible.

The one very important thing to remember about place any type of side bet alongside your standard base game bet when playing Blackjack online is that side bet is going to have a negative effect on the house edge of the game you are playing.

In fact, as a player who wants to get the maximum winning chances when playing Blackjack games online you should forget about placing that side bet wager!

However, if you do fancy playing such games then below is an overview of several Blackjack games that are available online that do offer players an optional side bet wager. Read on to find out what benefits if any there will be in regards to additional payouts possible when playing those variants that we have listed below for you.

Bonus Blackjack

By playing the Bonus Blackjack game variant you will be given the option of placing a completely optional side bet wager. By placing that wager you will have the chance of winning one of three bonus cash payouts if you are dealt out any two suited cards or a Jack and Ace card as your first two cards on any hand you are playing off.

If you do play this variant and place the side bet wager and the very first two cards dealt out to any hand you are playing are suited cards of any value then you will receive a 5 to 2 winning payout on the side bet wager you have placed.

If on the other hand your first two cards are a Jack and an Ace of any mixed suit you receive a payout on your bonus bet of 25 to 1, that payout becomes a 50 to 1 bonus bet payout if the Jack and Ace are dealt out in the suit of Spades.

Triple 7’s Blackjack

The Triple 7’s Blackjack game is one on which you are required to have to place a forced 1.00 side bet wager on every hand you play off, and as such you will need to have a suitably large enough bankroll to play this Blackjack game if you want to play it for a fair amount of time!

However, when you do play this variant that forced and obligatory side bet wager is going to allow you to receive some bonus cash payouts when certain hand combinations have been dealt out to you.

It will be dependent on whether the first cards that have been dealt out to your hand are 7 valued cards in regards to you receiving those bonus cash payouts for your side bet wager. If the first card you receive is any 7 valued card out receive a bonus payout of 5.00

Get any two 7 valued cards of different suits as you first two initial cards and you will receive a bonus payout of 25.00 which becomes 50.00 of those two 7 cards are of the same suit.

If your first three cards are 7 valued cards you will win a bonus payout  of 250.00 unless those three cards all share the same suit in which case the payout is worth 1000.00, but if the three 7 valued cards are in the suit of Diamonds then you will win the progressive jackpot instead!

Conclusion

It is of course up to you whether you do choose to play any of the above casino card games on which a bonus bet will help you receive additional winning payouts.

However, the side bet wagers whether they are forced or optional will significantly increase the house edge of the game, and as such the savviest of players will never place those side bets even though they could win big when doing so.

Being a completely random game both of the games mentioned above can and will offer you a fair game, and with some luck in playing when those bonus bets have been placed you could win big on any one hand dealt out to you.

But just keep in mind that due to the side bet wager and the higher house edge attached to those bets, slowly but surely they will eat away at your bankroll and your bankroll could be very quickly diminished if you have a long series of losing outcomes when playing either the Triple 7’s Blackjack game or the Bonus Blackjack game also.

 

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