Exhibit 21.1

List of Subsidiaries of

Libera Gaming Operations, Inc.

Entity Name	Place of Organization
Libera Real Estate Management, Inc.*	Japan
Libera Investments, Inc.*	Japan
Libera Distribution, Inc.*	Japan
Libera Hotels & Resorts, Inc.*	Japan
Mitsuwa, Inc.**	Japan
M&B, Inc.*	Japan

* 100% owned subsidiary of Libera Gaming Operations, Inc.

**100% owned subsidiary of Libera Real Estate Management, Inc.