Robinsons Land says in talks with Okada on Philippines casino deal

MANILA Thu Jul 12, 2012 11:18pm EDT

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MANILA (Reuters) - Philippine property developer Robinsons Land Corp (RLC.PS) said on Friday it was in talks with the group of Japanese billionaire Kazuo Okada on a casino project in Manila.

Robinsons Land, the property development arm of conglomerate JG Summit Holdings Inc (JGS.PS), said no definitive agreements have yet been reached with Okada.

Okada owns Universal Entertainment 6425.0S, which plans to build a $2 billion casino-resort complex near Manila Bay due to open in 2014.

(Reporting by Erik dela Cruz; Editing by Matt Driskill)

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