Court orders Okada to appear in Las Vegas for deposition

Chairman of Universal Entertainment Kazuo Okada cannot escape a US trip as the Nevada Supreme court ruled that he should appear in Las Vegas court for questioning.

Last week, the Supreme Court denied Okada’s motion asserting that the deposition should take place in where he reside (Hong Kong) or his place of business (Japan) and it should not exceed three days.

Here’s the backstory of Okada’s feud with Steve Wynn. Okada, who made his fortune manufacturing pachinko machines in Japan, had come to Wynn’s financial rescue with $455m to help build Wynn Resorts in Las Vegas and Macau. In return, he became vice chairman of Wynn Resorts and was given 20% stock shares.

Okada was granted a gaming license for his Manila Bay Resort in the Philippines in 2008, a project in which Okada expected Wynn to join. Wynn’s board of directors declared that Manila Bay Resort would compete with Wynn Macau and posed a threat to Wynn’s licenses.