Your Daily Asia Gaming eBrief: 26 Capital moves past ‘learning experiences’ saga

Illegal Gambling, Philippines

Good Morning. Moving forward from the “learning experiences” at Okada Manila’s recent saga, Jason Ader’s plan is to raise capital via NASDAQ listing and expand the company’s footprint in the Philippines – via PAGCOR’s privatization – and across the ASEAN markets on US investors’ appetite. These days, everyone’s bullish on the Philippines.

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26 Capital Jason Ader moves past ‘learning experiences,’ 
eyes listing, PAGCOR privatization, ASEAN expansion

Jason Ader, 26 Acquisition Capital Corp Chairman and CEO, spoke on Tuesday with Asia Gaming Brief about moving forward from the ‘learning experiences‘ of Okada Manila’s recent saga. The plan is to raise capital via NASDAQ listing and expand the company’s footprint in the Philippines via PAGCOR’s privatization, as well as abroad, fuelled by US investors’ growing appetite for the development of IR projects across the ASEAN markets. The interview with Asia Gaming Brief followed the latest development in the Okada Manila imbroglio, where PAGCOR ousted Kazuo Okada camp from key positions, reinstating the previous board, led by Byron Yip.

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