Philippines' Congress bans Steve Wynn
Las Vegas gambling mogul Steve Wynn is no longer allowed to set up a casino business in the Philippines. This developed after members of a congressional committee in the House of Representatives felt Wynn had denigrated the Philippine Amusement and Gaming Corporation (Pagcor) by alleging in his lawsuit in the United States that some Pagcor officials received bribes from Mr, Kazuo Okada, a Japanese business tycoon, and Wynn's estranged partner in Pagcor Entertainment City project in Manila Bay. In a statement released to the media by his representative Masahiro Terada, Okada said that Wynn was supposed to be his business partner in the proposed Philippine Amusement and Gaming Corporation (Pagcor) Entertainment City in the Philippines. Unfortunately, Wynn quit the joint venture in 2010. A leading daily said that Wynn has chosen to support his Wynn Entertainment Casino in Macau. While Okada has set his eyes on investing in the Philippine gaming industry, through Tiger Resorts.