Yahoo! Philippines News - Latest Philippines News & International News Headlines: Shares at Japan's Universal hit 9-month low as U.S. probes payments

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Shares at Japan's Universal hit 9-month low as U.S. probes payments Nov 19th 2012, 06:25 * U.S. gambling regulators investigating Philippine payments * Philippine regulator says Okada's project under review * Okada lawyer in U.S. lawsuit against Wynn withdraws TOKYO/MANILA, Nov 19 (Reuters) - Shares in UniversalEntertainment Corp sank to a nine-month low on Mondayafter Reuters reported U.S. gaming regulators were investigatingpayments from its affiliates to an associate of the former headof the Philippine gaming regulator. Shares in the Tokyo-based company closed down 11.04 percentand have lost nearly 30 percent of their value this year. ...

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