The US District Court for NMI ordered the appointment of Joyce Tang as possible receiver of Imperial Pacific International in a potential settlement to pay off the balance that IPI owes the US Department of Labor in a consent judgment, though IPI still has until this Friday afternoon to pay its bill and avoid the receivership.
Meanwhile, the CNMI House of Representatives Committee on Gaming is launching a new probe to try to determine who exactly is in authority at IPI since each party within the firm claims that it is not responsible for decision making.
THE Philippine Amusement and Gaming Corporation (PAGCOR) has distributed comfort food to healthcare frontliners through the contributions of Chairman and CEO Andrea Domingo and PAGCOR’s executive committee members.
The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing what 2020 may have had in store.