Japanese casino tycoon arrested in Hong Kong

According to Forbes, Okada is the 16th richest person in Japan, with a net worth that currently stands at $2.1 billion.

Yes but

Okada was sacked from running Universal Entertainment in 2017 after the firm accused him of a series of "fraudulent acts ... for his own personal benefit."

apparently not his own money.

Sounds like a fabricated charge by China. Other Casino company operating in China (an Australian one) also had employees arrested in recent time. Perhaps they want a Chinese monopoly on gambling. Come back to Japan, Okada san, and deal with Abe Cabinet to set up an Integrated Resort.

I'm guessing he's the one with dirt on Abe et al, who turned the screws & pulling the strings to get the IR bill passed here. Hopefully it will all come out in a HK court before any such resorts open here.

One of the reason too much money around makes the people transforming monsters. I saw his personal history, he started from poverty to be an engineer and became millionaire from the "pachislot" he innovated from Las Vegas casino slot machines. Another scandal approaching to Mr. Abe, HK authority should clearly state to Japanese media what's that tycoon corruption-related affair, backed by fact.

Looking forward to the court case...

Sounds like a fabricated charge by China. 

Nah, Okada has been shady as hell for years. Search for all the stuff he did in the Philippines with dummy companies to try and dodge local regulation, and his "dispute" with Wynn...

The reason all the shady dealings went down in the Philippines is because that is the way you do business there. There are no rules to even play by in a country such as that. And it's not a whole lot better thruout the rest of Asia, expecially when dealing with large scale construction, casino business, etc.

Sounds like a fabricated charge by China. Other Casino company operating in China (an Australian one) also had employees arrested in recent time. Perhaps they want a Chinese monopoly on gambling. Come back to Japan, Okada san, and deal with Abe Cabinet to set up an Integrated Resort.

Okada san needs a new floor manager at one of his pachinko halls near Shinjuku :)