{"id":8329,"date":"2024-12-08T03:42:03","date_gmt":"2024-12-08T03:42:03","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2024\/12\/08\/universal-entertainment-ends-asiabest-listing-route-for-trlei\/"},"modified":"2024-12-08T03:42:03","modified_gmt":"2024-12-08T03:42:03","slug":"universal-entertainment-ends-asiabest-listing-route-for-trlei","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2024\/12\/08\/universal-entertainment-ends-asiabest-listing-route-for-trlei\/","title":{"rendered":"Universal Entertainment Ends Asiabest Listing Route for TRLEI"},"content":{"rendered":"<div>\n<p>Tiger Resort, Leisure and Entertainment Inc. (TRLEI), the operator of the Okada Manila casino resort in the Philippines, has decided not to pursue its earlier plan for a backdoor listing of its shares. The announcement came via a filing on Friday from its parent company, Universal Entertainment Corp.<\/p>\n<p>The plan to list TRLEI on the Philippine Stock Exchange (PSE) dates back to 2019. At the time, Tiger Resort Asia Ltd., another subsidiary of Universal Entertainment, acquired a controlling stake in Asiabest Group International Inc., a publicly listed firm in the Philippines. The move was intended to facilitate TRLEI\u2019s listing through Asiabest. However, the latest filing clarified that this path is no longer necessary.<\/p>\n<p><em>\u201cConsidering that the financial performance of Okada Manila, the integrated resort operated by TRLEI, has been growing steadily and performing well in the past years, Tiger Resort Asia have judged that the necessity of Asiabest for TRLEI to be listed no longer exists,\u201d<\/em> stated Universal Entertainment.<\/p>\n<p>As part of a broader <em>\u201cbusiness portfolio transformation,\u201d<\/em> Tiger Resort Asia is set to sell its 66.67 percent stake in Asiabest to PremiumLands Corp., a private real estate developer. The agreed sale price is PHP510.4 million (approximately US$8.8 million). Universal Entertainment confirmed that the transaction was finalized on December 5.<\/p>\n<p>The Okada Manila resort, located in the Philippine capital, is one of the leading integrated casino resorts in the region. Operated by TRLEI, a subsidiary of the Japan-based Universal Entertainment, the property has experienced steady growth in recent years. This success likely influenced the decision to forego the backdoor listing route.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"Katsubet\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Katsubet.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Katsubet\" target=\"_blank\" rel=\"nofollow\">Katsubet<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>5BTC or 111% + 111 Free Spins!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive 111% Welcome Bonus  + 111 Free Spins<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>By selling its stake in Asiabest, Universal Entertainment aims to streamline its business operations and focus on its core assets. The parent company\u2019s decision reflects a strategic shift as it continues to leverage Okada Manila\u2019s solid performance and enhance its position in the integrated resort market.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/okada-manila-parent-halts-backdoor-listing-plan\/\">Universal Entertainment Ends Asiabest Listing Route for TRLEI<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Tiger Resort, Leisure and Entertainment Inc. (TRLEI), the operator of the Okada Manila casino resort in the Philippines, has decided not to pursue its earlier plan for a backdoor listing of its shares. The announcement came via a filing on Friday from its parent company, Universal Entertainment Corp. The plan to list TRLEI on the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-8329","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.2.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"Tiger Resort, Leisure and Entertainment Inc. (TRLEI), the operator of the Okada Manila casino resort in the Philippines, has decided not to pursue its earlier plan for a backdoor listing of its shares. The announcement came via a filing on Friday from its parent company, Universal Entertainment Corp. The plan to list TRLEI on the\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"Casino Online Best\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/casino-online-best.com\/index.php\/2024\/12\/08\/universal-entertainment-ends-asiabest-listing-route-for-trlei\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 5.0.2.1\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"Best Online Casinos - News about Online Casinos\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"Universal Entertainment Ends Asiabest Listing Route for TRLEI - Best Online Casinos\" \/>\n\t\t<meta property=\"og:description\" content=\"Tiger Resort, Leisure and Entertainment Inc. (TRLEI), the operator of the Okada Manila casino resort in the Philippines, has decided not to pursue its earlier plan for a backdoor listing of its shares. 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The plan to list TRLEI on the"},"aioseo_meta_data":{"post_id":"8329","title":null,"description":null,"keywords":null,"keyphrases":null,"primary_term":null,"canonical_url":null,"og_title":null,"og_description":null,"og_object_type":"default","og_image_type":"default","og_image_url":null,"og_image_width":null,"og_image_height":null,"og_image_custom_url":null,"og_image_custom_fields":null,"og_video":null,"og_custom_url":null,"og_article_section":null,"og_article_tags":null,"twitter_use_og":false,"twitter_card":"default","twitter_image_type":"default","twitter_image_url":null,"twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema":{"blockGraphs":[],"customGraphs":[],"default":{"data":{"Article":[],"Course":[],"Dataset":[],"FAQPage":[],"Movie":[],"Person":[],"Product":[],"ProductReview":[],"Car":[],"Recipe":[],"Service":[],"SoftwareApplication":[],"WebPage":[]},"graphName":"BlogPosting","isEnabled":true},"graphs":[]},"schema_type":"default","schema_type_options":null,"pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":null,"robots_max_videopreview":null,"robots_max_imagepreview":"large","priority":null,"frequency":null,"local_seo":null,"breadcrumb_settings":null,"limit_modified_date":false,"ai":null,"created":"2024-12-08 06:13:26","updated":"2025-06-30 13:41:17","seo_analyzer_scan_date":null,"focus_keyword":null,"additional_keywords":null,"truseo_locale":null},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/casino-online-best.com\/\" title=\"Home\">Home<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">\u00bb<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\tUniversal Entertainment Ends Asiabest Listing Route for TRLEI\n\t\t<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/casino-online-best.com\/"},{"label":"Universal Entertainment Ends Asiabest Listing Route for TRLEI","link":"https:\/\/casino-online-best.com\/index.php\/2024\/12\/08\/universal-entertainment-ends-asiabest-listing-route-for-trlei\/"}],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/8329","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=8329"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/8329\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=8329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=8329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=8329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}