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Okada Manila International, 26 Capital Acquisition Announce Intent To Submit Plans In Response To New York State Gaming Commission's Request For Information For Expected 3 New Casino Licenses

Benzinga Real-time News · Dec 8, 2021 10:40

Okada Manila International, Inc., a subsidiary of Universal Entertainment Corporation (TSE: 6425) and an affiliate of the operator of Okada Manila, and 26 Capital Acquisition Corp. today announced that they will submit plans in response to the New York State Gaming Commission's requests for information for what is expected to be three new casino licenses in the southernmost part of the state. These licenses are the last ones authorized as part of a 2013 ballot measure that allowed for seven new nontribal casinos, four of which have already been built upstate. Okada Manila International, Inc., the anticipated holding company of Okada Manila, recently announced its corporate name change to "UE Resorts International, Inc." and the response to the information request will be submitted under this name.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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