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Tag Archives: Imperial Palace

Northern Marianas – Imperial Palace resort could see licence suspended in Saipan

Imperial Pacific International, the operator behind the Imperial Palace resort in Saipan, is now likely to lose its operating licence after admitting to the Commonwealth Casino Commission that it violated five orders of the Casino Control Act. Perpetual controversy has seemed to surround the Saipan casino even in days of its unprecedented success however its…

North Marianas – Imperial Pacific slams second round of Bloomberg accusations

Imperial Pacific International, the operator behind the Imperial Palace resort in Saipan, has come out fighting after an article published by Bloomberg in which it claimed’ illegal workers’ had worked in poor conditions. The article also questioned once gain the impressive figures generated by the casino’s gaming tables and highlighted some unusual payments to relatives…

China – Macau’s MGTO orders temporary closure of Beijing Imperial Palace Hotel

The Beijing Imperial Palace Hotel, which hosts the Greek Mythology casino, in Macau has been ordered to close for six months as a punishment for “serious administrative irregularities which constitute threats to public safety.” The decision was made by the Tourism Activities Centre the Government Tourism Office (MGTO) who ordered the temporary closure on July…

Saipan – Imperial Pacific to float shares to fund Saipan casino

Imperial Pacific, an investor in a Macau junket operator, is to launch 510m new shares on the Hong Kong stock exchange to raise funds for a HKD774m (US$99.8m) casino project on the Pacific island of Saipan. The company stated: “The maximum gross proceeds and the maximum net proceeds from the placing will be approximately HKD791m…

Northern Marianas – Imperial Pacific lands Saipan casino licence

Imperial Pacific International, an investor in one of Macau’s biggest junket operators, has announced it will develop a US$3.14bn casino resort in the western Pacific island of Saipan. Imperial Pacific, a financial contributor to the Hengsheng Group, confirmed it had been issued with a 25-year casino licence by the government of the Commonwealth of the…

US – Caesars to rebrand Imperial Palace as The Quad

Although 2012 will go down as one of the few years that no new casinos have opened on the Las Vegas Strip, Imperial Palace is to lose its Far Eastern theme and be converted into a completely new property. As part of its specular plans for The Linq, Caesars Entertainment has revealed plans to re-name…