The Okada Manila casino resort has issued an advisory warning over the rumours the casino is planning to sell its business and assets. 

Okada Manila, located in the Philippines, is operated by Tiger Resort Leisure and Entertainment Inc, a subsidiary of Japan’s Universal Entertainment Corp.

The company stated: “It appears that certain persons and groups are spreading claims and rumors that Okada Manila’s business or assets are for sale. Please be advised that such claims and rumours are false and fake news.” The company stated it will take necessary legal action against infringement of its corporate identity and unauthorised exploitation of the brand. 

Reports earlier this month suggested Okada Manila also warned about unrelated parties using Okada's name for unauthorised online casino services while claiming to be operated by Okada Manila.

“Please be advised that such claims are false. Okada Manila does not operate an online gaming facility or service at present.” Players are urged to be vigilant for any online material using the company’s name that didn’t come from the official online platform.

“We urge the public not to patronise these unauthorised online gaming operations, which are illegal and punishable under the law.” 

Currently, Okada Manila is one of the three venues that are approved for a new Philippine Inland Gaming Operator (PIGO) licence that would allow the casino to offer online gaming to domestic players. The other two venues are Solaire Resort and Casino and City of Dreams Manila.