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Listing of Philippine casino Okada Manila still on, says U.S. SPAC


Jet
 Jet
(@jet)
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Joined: 1 year ago
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Topic starter  

The chief executive of the Nasdaq-listed blank-check company that hopes to merge with Philippine casino Okada Manila says it will move ahead with the plan despite a deepening management dispute over the resort.

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Gary Robinson
(@ann4phi2)
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Joined: 1 year ago
Posts: 55
 

I'd imagine the time and money they will be spending on PR and damage control, considering how Okada made the news in that "management dispute"

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Jet
 Jet
(@jet)
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Joined: 1 year ago
Posts: 64
Topic starter  

I wonder how they can attract investors with their track record.

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Brian
(@brian)
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Joined: 1 year ago
Posts: 69
 

Gambling is still big, and Okada is a big name in Manila, so it will still earn a lot. they may lose revenue to nearby casinos, but they could also gain it back again as soon as people forget about it.

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