Authorities in the Commonwealth of Northern Mariana Islands are considering a proposal for two gaming licenses for the island of Saipan if the monopoly permit of Imperial Pacific International is revoked.
Imperial Pacific has resubmitted its request for a five-year extension on its deadline to finish the construction of its Imperial Pacific Resort project in Garapan.
Imperial Pacific International has confirmed that the CNMI welcomed its first batch of travel bubble tourists from South Korea in July, after signing a travel corridor agreement at the end of June.
Saipan’s casino regulator says it wants to hear from potential online gaming investors as it seeks to recoup lost revenue from its failed casino venture, however, industry insiders say they don’t see the island as a viable market.
The Commonwealth Casino Commission wants to reach out to online gaming operators who may be potentially interested in investing in the island, should a bill allowing internet gaming come to pass.
Imperial Pacific International's under construction resort on Saipan should be "blown to smithereens," if the Casino Control Commission revokes the company's operating license, lawmaker Vicente Camacho said.
Commonwealth Casino Commission executive director Andrew Yeom says the commission has received a number of inquiries from interested parties in Saipan’s casino license, should IPI’s one be revoked.
The NMI court has approved the auction of more Imperial Pacific International assets in order to settle two other lawsuits worth nearly $6 million.
In light of the "bleak future" facing the Imperial Pacific International project on Saipan, two minority bloc senators are pushing for a second casino license on the island in the event that IPI’s exclusive casino license is revoked by the Commonwealth Casino Commission.
Imperial Pacific International has been ordered to sell its vehicles and gaming machines in order to satisfy a $2.1 million judgement against it by USA Fanter Corp.