Company: Imperial Pacific International
Family Name: Brown
Given Name: Mark
Profile: Brown began his four decades in the gaming industry as a protege of Donald Trump, rising to become President and Chief Executive Officer of Trump Entertainment Resorts. He had later stints as an executive for Sands, Wynn, and NagaWorld before joining Imperial Pacific as its Chairman in 2014. He retired from that position in 2017, but was brought back out of retirement in November 2018 to help the company weather a series of major challenges.
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.
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 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.
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 International, which has been pushing to promote its brand in Japan, faced another setback with the loss of its Chairman and CEO Harry Cheang after less than a year on the job.