Wednesday, November 20, 2019
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US Federal Government Sues Imperial Pacific Over Harassment Charges

Imperial Pacific is being sued by the US Equal Employment Opportunity Commission on allegations of sexual and verbal harassment by the company’s high roller clients.

Saipan Mulls More Junkets

The Commonwealth Casino Commission (CCC) in the Commonwealth of Northern Mariana Islands will discuss an application for four new junket operators today, together with a contract extension for Imperial Pacific International’s chairman.

Imperial Pacific Faces US$375,000 Fine for Late Fee Payment

Imperial Pacific International may be facing a fine of US$375,000 for late payment of its casino license renewal fee, according to local media reports.

Imperial Pacific Pays License Fee, But Financial Woes Continue

It has been confirmed that Imperial Pacific International has now paid the remaining US$10.5 million which it owed to the Commonwealth Casino Commission (CCC) in license fees, but the company is reporting financial losses in the first half of 2019.

Imperial Pacific in Trouble Over Casino License Payment

Imperial Pacific International is in hot water with the Saipan government for paying only a third of its US$15 million annual casino license renewal fee, which was due on August 12, 2019.

Imperial Pacific Acquires 50% Stake in Saipan Resort Developer

Imperial Pacific International has announced it has entered into a sale and purchase agreement to acquire a 50% stake in American Sinopan, a company developing two pieces of land in Saipan.

Saipan Bill Proposes 10% Net Revenue Gambling Tax

A local member of parliament has introduced a bill that would impose a 10% tax on net gambling revenue, while House Gaming Committee Chairman Ralph Yumul has drafted another that would prevent local IR operator Imperial Pacific from writing off unpaid credit from its tax obligations.

Imperial Pacific Interested in Online Gaming

Imperial Pacific International would be interested in online gaming in Saipan if the Commonwealth of Northern Mariana Islands passes a bill to legalize the practice, local media reports.

Japan’s GCM Agrees US$500 Million Investment in Imperial Pacific

The Japanese firm GCM has agreed to invest US$500 million in the first phase of Imperial Pacific’s Integrated Resort on Saipan, the company says.

Imperial Pacific Expects Partial Resort Opening in September

Imperial Pacific International announced on Tuesday that it expects to “partially” open its casino resort by September 30.

Trending Articles

IR Market Projections May Be Too Rosy

While many industry analysts continue to assume that either Tokyo or Yokohama will pursue an IR bid, the political realities of Japanese local communities seem to indicate otherwise.

PRIME Philippines in Talks for Davao Casino

PRIME Philippines says it’s in talks with Davao City Investment Promotion Center for a hotel and casino in the area, local media reports.

Genting Bids for Andorra’s First Casino License

Genting, through its UK unit, is one of thirteen bidders for the first casino license in the principality of Andorra in the Pyrenees, Spanish media reports.

Iwanuma Struggles to Find Pro-IR Mayoral Candidate

Since the Iwanuma City Council passed a resolution last June to launch a feasibility study for an IR bid, little progress has been made. With mayoral elections approaching in about two weeks, there is no candidate yet to represent the pro-IR position.

Tourism Trends Offer Good News for Regional IRs

There may only be one or two IRs established in the smaller, regional areas of Japan in the 2020s, but current trends in the tourism industry offer them an encouraging outlook.