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IPI reprieve on community benefit fund amidst new dispute and lawsuit
The CNMI Lottery Commission approved Imperial Pacific International’s request to extend for three years the deadline to pay its US$20 million community benefit fund contribution and to defer for five years the payment of the US$36 million that IPI failed to remit in previous years. Meanwhile, construction woes continued with a new lawsuit against IPI and a dispute with the construction engineers.
Studio City to continue VIP operations until Jan 2021
Melco Resorts’ Studio City has announced it will be extending its VIP operations for another year.
In a filing from Melco International Development to the...
SVH Nepal ops sale no longer exclusive
Silver Heritage Group has announced that the buyer of its Nepal operations has missed its September 10 deadline to pay a deposit of $3...
Mandovi deadline looms as politicians wrangle
The fate of Goa’s floating casinos is still unclear as a deadline for their removal from the Mandovi River looms, with industry experts urging the government to proceed with caution when it comes to moving them to land.
IPI won’t meet deadline with current worker shortage
Imperial Pacific’s vice president for construction is concerned the company will not be able to meet the deadline to complete the casino and hotel...
IPI asks for extension to Dec. 2020
CNMI’s Development Plan Advisory Committee has recommended extending the deadline for Imperial Pacific International to complete construction of its Saipan hotel-casino to December 2020,...
IPI only 69 percent complete: Poon
With only a few weeks until the deadline for Imperial Pacific’s new resort hotel in Garapan, and an extension request in the works, IPI...
IPI looks to December for hotel resort completion
Imperial Pacific International is likely going to be missing its August 2018 deadline, and is currently in the process of applying for an extension...
Imperial Pacific may request deadline extension
Imperial Pacific may request another extension to the deadline set for completion of 329 rooms for its hotel project, local media cited Commonwealth Casino...
IPI considers requesting deadline extension
A lawyer representing Imperial Pacific International (CNMI) LLC told the Commonwealth Casino Commission last week that they are planning to propose an extension to...