Casino
November 21, 2022
NMI Court Greenlit Sale of Imperial Palace Saipan Assets
After auctions in October, the US District Court for the Northern Mariana Islands (NMI) has greenlit the sale of Imperial Pacific International (IPI) casino assets. As agreed, Clear Management, which serves as the receiver, will auction equipment from Imperial Palace Saipan worth more than $410,000. Imperial Palace Saipan Assets Got Auctioned The Saipan operator did […]
Legal
October 21, 2022
IPI on Its Last Legs after Renewed Legal Disputes
The Commonwealth Casino Commission (CCC) has filed a petition against casino operator Imperial Pacific International (IPI) due to the latter’s failure to comply with a previous court order and pay out $25 million in missed license fees. This most recent legal trouble is the latest in IPI’s series of legal issues, which almost caused the […]
Business
February 8, 2022
Imperial Pacific Boss Who Threatened to Reveal Dirty Secrets Resigns
Even when it tries its best to keep things together, Imperial Pacific International (IPI) fails. Faced with the realization that the casino operator could permanently be kicked out of the Commonwealth of Northern Mariana Islands (CNMI), its now-former CEO lashed out at lawmakers recently. As a result, he “voluntarily” resigned from the company, effective February […]
Business
August 10, 2021
Saipan Slot Parlors: We’re Paying for Imperial Pacific’s Incompetence
Slot parlors in Saipan aren’t happy with the government and believe that they’re taking the fall for Imperial Pacific International’s (IPI) incompetence. A new law that effectively doubles the amount they have to pay in taxes, while IPI, which is clinging onto the Imperial Palace casino, still hasn’t paid millions of dollars in outstanding taxes […]
Casino
August 5, 2021
Imperial Pacific Asks for Five More Years to Complete Imperial Palace
The baffling case surrounding Imperial Palace International (IPI) and its escapades in Saipan doesn’t appear to be reaching the final chapter of the story anytime soon. Allegations of fraud, deceit, lack of funds, slave labor, missed construction deadlines and more haven’t been enough to force casino regulators or anyone else to take action. Now, acting […]
Legal
June 30, 2020
CCC: Imperial Pacific Casino License Hanging by a Thread
The investment holding company engaged in the gaming and hospitality business Imperial Pacific International Holdings Limited (IPI) is facing turbulent times ahead as the Commonwealth Casino Commission (CCC), the regulator in the Commonwealth of the Northern Mariana Islands (CNMI) issued an ultimatum to the company. CCC Ran Out of Patience The gaming regulator ordered effective […]