The legitimacy of electronic gaming licenses in Guam is still up in the air, with attorneys on both sides arguing their cases to the Guam Supreme Court on Wednesday.
Commonwealth Casino Commission executive director Andrew Yeom has asked the commissioners to suspend the casino license of Imperial Pacific International, which has racked up 16,165 regulatory violations.
Imperial Pacific International does not oppose having the Commonwealth Casino Commission suspend its casino gaming license, admitting its failure to pay the US$40 million Community Benefit Fund contribution in 2018 and 2019, and failing to pay the US$15.5 million annual casino license fee, as required by the Casino License Agreement. Meanwhile, it has been acknowledged that Ray N. Yumul is not yet legally recognized as IPI CEO in Saipan.
A local group is urging the Jeju authorities to deny Lotte Tour Development a casino license for the Jeju Dream Tower casino.
The Western Australia gaming regulator recommended an independent inquiry into Crown’s suitability to hold a license in the state following the scathing report on Crown released in NSW last week, which detailed years of money laundering through Crown Perth.
CNMI senators Paul A. Manglona and Edith E. DeLeon Guerrero have introduced a bill that would authorize the Commonwealth Casino Commission to issue a second casino license in Saipan.
Lotte Tour Development is reportedly planning to submit its application to license its casino within Jeju Dream Tower this month. The firm is aiming for a March opening.
Caesars Korea, a major IR development project in Incheon, may have its license canceled in March due to the long suspension of construction activities and the failure to meet various benchmarks and commitments.
PlayUp, an Australian company that provides online Sports Betting, Horse Racing and Daily Fantasy Sports in Australia, New Zealand and India, has expanded its footprint across the US by acquiring a betting license in New Jersey. This is the second market access agreement that PlayUp has announced after the recent acquisition of their Colorado license.
Crown Resorts will not be opening its A$2.2 billion Sydney casino in December and will need to wait until February before it hears whether it will retain its license, which was thrown into further doubt after a last-minute admission of money laundering.