LAS VEGAS (AP) — A Tokyo court has dismissed a defamation suit filed by a Japanese billionaire seeking damages from the U.S. casino giant Wynn Resorts Ltd.
Kazuo Okada filed the suit last year after Wynn Resorts released a report alleging that he had behaved improperly in the Philippines.
The Las Vegas Review-Journal reports that a Tokyo District Court ruled Monday that the case should be handled in the U.S., not Japan.
Okada used to be Wynn Resorts' single largest shareholder, but the company forcibly bought back his shares after it said it found that Okada made improper payments to overseas gambling regulators.
Okada had sought $114 million in damages.
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