Tag Archives: North Marianas
Northern Marianas – Imperial Pacific told to pay up before government takes ‘the next step’
The Governor of the Commonwealth of the Northern Mariana Islands has told Imperial Pacific International (IPI), the previous owner of the now shut Imperial Pacific Casino, that if it doesn’t stump up its arrears, the Government will take ‘the next step.’ “I hope that IPI can take care of their pending issues,” said Governor Ralph…
North Marianas – Deadline looming with receivers on stand-by for Imperial Pacific
Imperial Pacific International, operator of the Imperial Palace Resort in the the Northern Mariana Islands in Saipan, has been told to settle its debts of US$1.2m or be placed into receivership by the US District Court of the Northern Mariana Islands. It will also have to place another US$800,000 into an escrow account to guarantee…
North Marianas – Imperial Pacific to testify over relationship with Governor
Executives from Saipan casino group Imperial Pacific International (IPI) will have to testify in front of a jury in the New Year over its dealings with Saipan Governor Ralph Torres. The casino operator has been asked to hand over ‘any and all emails, text messages, letters, notices, or other forms of written communications between Imperial…
North Marianas – Imperial Pacific changes resort name as partial opening nears
Imperial Pacific International has changed the name of its Saipan casino resort from Imperial Pacific Resort to Imperial Palace Saipan. The name change came as the group confirmed a partial opening of the resort ‘on or before’ September 30 2019. Cui Li Jie, Executive Director of Imperial Pacific International Holdings, said: “The board of directors…
North Marianas – Imperial Pacific’s VIP sector hit by airport closure
Having issued a profit warning at the start of the month, Imperial Pacific confirmed that a huge slump in VIP at its Imperial Pacific Resort on Saipan in the Northern Mariana Islands, resulted in a loss of HKD2.97bn (US$378m) in 2018. Revenue came in at HKD3.25bn for the year to December 31, marking a fall…
Northern Mariana – Tinian Entertainment exploring how to reopen Tinian Dynasty Hotel & Casino
Tinian Entertainment Corp. owner Tim Chen has welcomed nine investors from Hong Kong to explore the option of re-opening the Tinian Dynasty Hotel & Casino. The property was forced to close after amassing federal fines worth millions of dollars. Mr Chen, one of the creditors involved in the casino when it closed, said he plans…
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,…
North Marianas – Imperial Pacific Resort to host 44 baccarat tables
Whilst Imperial Pacific’s permanent casino on the Pacific island of Saipan in the Northern Mariana Islands is still yet to open, executives from the company have confirmed how large Imperial Pacific Resort, as it will now be named, will be. Marketing Director David Largent was quoted in the local press as stating that the new casino…
Northern Marianas – Bridge looks to revive Titanic with online petition
An online petition has been launched to try and kick-start the opening of a planned Titanic-themed casino resort on Tinian in the Northern Marianas. Hong Kong-based Bridge Investment is spending US$130 on the Tinian Ocean View Resort and Casino, which has run into trouble following a lack of permits from government. The investment group has…
