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Asia Casino News │ ACN东方博彩新闻

Asia Casino News outlet for Online Gaming and Gambling Industry in Asia.

Okada Manila IR Operator Changed Name Ahead of NASDAQ Listing

December 10, 2021 Casino & Hotel

The global trend of rebranding did not pass by integrated casino resort operators after Okada Manila International, Inc., owner of the largest integrated resort in the Philippines. Okada Manila, announced today a corporate name change to “UE Resorts International, Inc.”

New Chapter, New Name
The new business entity UE Resorts International will continue on the trajectory set by its predecessor Okada Manila International to supply gaming and gaming technology, lodging and entertainment, while the name change will better reflect the company’s plans to expand operations in Asia and globally, including in the US.

“The transition to UE Resorts International, Inc. marks another milestone for our business. The corporation continues to show it’s taking advantage of its alluring destination in one of the fastest-growing gaming markets in the world to stimulate revenue while providing its guests with outstanding experiences.”

Byron Yip, President, UE Resorts International, Inc.
The announcement of the name change comes midway through a merger with the special purpose acquisition company (SPAC) 26 Capital Acquisition Corporation initiated in October. Okada Manila and the Miami-based SPAC founded by Jason Ader expect to close the transaction that may provide up to $275 million in cash in the first half of 2022.

Source: https://www.gamblingnews.com/news/okada-manila-ir-operator-changed-name-ahead-of-nasdaq-listing/
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