Expert panel probing Universal Entertainment disbands

    A panel of outside experts pulled together by Universal Entertainment to probe about $40 million in payments related to its Entertainment City casino project in the Philippines has disbanded indefinitely, Reuters reported. The panel decided to disband after the company failed to disclose its interim findings to the public, the news agency said, citing a statement by the panel provided to reporters in Tokyo. The U.S. Federal Bureau of Investigation, the Nevada gaming regulator and the Philippine government have been probing whether the $40 million were bribes. Universal, headed by billionaire Kazuo Okada, has denied the allegations. The Philippine committee investigating the matter is reportedly seeking to force Okada to testisfy personally after becoming frustrated at what it said was stonewalling by lawyers. The Philippine regulator, Pagcor, has warned Universal will not be able to open its Manila resort until legal matters are settled.