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Tag Archives: Imperial Pacific Resort

North Marianas – Legislator introduces bill for five Saipan casinos

CNMI legislator Ralph N. Yumul has presented new bill that would scrap the casino monopoly currently held by Imperial Pacific and introduce as many as five casino licenses to the islands. The legislation will lessen the license fee for the five licensees to US$5m instead of the current US$15m for one casino licensee. Troubled casino…

Northern Marianas – Imperial Pacific’s licence in jeopardy over licence fee wrangle

Imperial Pacific International has been warned by the Governor of the Northern Mariana Island that it could have its licence suspended got its Imperial Pacific resort or have it revoked altogether if it doesn’t pay its annual US$15.5m license fee. In response to the Saipan casino operator asking to have the licence fee delayed or…

Northern Mariana Islands – Casino Commission vows to chase Imperial Pacific’s missing licence fee payment

The Commonwealth Casino Commission of the CNMI has vowed to leave no stone unturned in demanding payment of a US$15.5m annual license fee from Saipan casino operator Imperial Pacific International (CNMI) after it said it wouldn’t make the August 12 payment deadline. Edward DeLeon Guerrero, Chairman of the CCC, stated: “IPI needs to fulfill its…

Saipan – Imperial Pacific denies bankruptcy rumour

Imperial Pacific, operator of Imperial Pacific Resort in Saipan, has said it is not going into bankruptcy and will take legal action to end the rumours. Imperial stated: “The rumour of the bankruptcy proceeding is completely false. This rumour is circulating on social media about a senior executive of IPI, and the financial status of…

Saipan – Saipan politician calls for more casino licences

An MP in Saipan wants new gaming laws to open up the island’s casino sector to more than one operator. Rep. Edwin K Propst voiced his concerns following more construction delays with the island’s only current casino Imperial Pacific Resort which is now due to miss its August 31 2018 deadline for completion of the…

North Marianas – Saipan’s Casino Commission turns the tables on its rivals

The Commonwealth Casino Commission in Saipan, home to the Imperial Pacific Resort, has claimed that the reason its casino’s VIP rolling chip is so high compared to other, bigger venues, is because its big Asian rivals not reporting their true figures. A recent damning article by Bloomberg claimed that if the figures were to be…

Saipan – Best Sunshine Live delivers even more in its last six months

Imperial Pacific’s temporary casino Best Sunshine Live has delivered again in what are its last six months of results. The operator has shut the 16 table temporary facility and opened its gaming floor at Imperial Pacific Resort on July 6. It plans to open VIP rooms by the end of 2017. The temporary venue reported…

Saipan – Imperial Pacific given green light to open gaming floor before hotel

Imperial Pacific Resort, the permanent casino resort being built in Saipan, will open its gaming floor by July 15 despite not having opened its 250 room hotel as was previously set out in its terms and conditions. The island’s Commonwealth Casino Commission has amended the particular details governing this point in the casino license agreement…

North Mariana – Imperial Pacific granted construction extension

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,…