Tag Archives: Best Sunshine

Imperial Pacific International will be allowed an extra ten months to build its permanent casino, the Imperial Pacific Resort in Saipan. The Commonwealth of the Northern Mariana Islands (CNMI) Lottery Commission approved the amendment to its Casino License Agreement moving the deadline to August 2018. It also approved an extension for the company’s temporary casino,…

Saipan Commonwealth Casino Commission Executive Director Edward Deleon Guerrero has defended the operational practice of Imperial Pacific saying that its subsidiary Best Sunshine Live is operating in compliance with U.S. Banking Secrecy and anti-money laundering laws. Having posted its second highest rolling chip revenue ever, Imperial Pacific was the subject of a story by Bloomberg…

Saipan casino operator Imperial Pacific has reported huge growth in both revenue and profit for the six months to end-June, having opened a temporary casino in July last year and then adding VIP tables by November. The group’s revenue hit HK$3.98bn (US$513m) with VIP tables accounting for HK$3.82bn and mass tables for HK$122.2m. Slots and…

Saipan’s CNMI Lottery Commission yesterday voted unanimously to grant a conditional license to develop a $2bn integrated casino resort on Saipan to Best Sunshine International, a subsidiary of Hong Kong-listed Imperial Pacific International Holdings Ltd. The approval is  conditional upon the commission and Hong Kong-based Best Sunshine’s clarification of the casino development agreement. Representatives of Best Sunshine…

Best Sunshine International, the remaining applicant for a license to develop a US$2bn casino resort on Saipan, has presented its plans to the Lottery Commission and the public, which includes a 2020 grand opening for a four-phased integrated resort that it hopes will transform Saipan into “the Monaco of the Pacific,” drawing references to the…