Casino
August 31, 2022
IPI Surprisingly Saves Its Saipan Casino License Yet Again
Yet again Hong Kong’s Imperial Pacific International (IPI) miraculously managed to keep its casino monopoly license for its operations at the Imperial Palace Casino in Saipan. This time with the help of the District Court for the Northern Mariana Islands, which issued an injunction in connection with IPI’s ongoing dispute with the Commonwealth of Northern […]
Casino
June 16, 2022
Imperial Pacific International Dodges Losing its Saipan Casino License
Hong Kong-based Imperial Pacific International (IPI) avoided losing its monopoly license in Saipan yet again. For the fourth time, a judge of the US District Court for the Northern Mariana Islands issued a temporary restraining order (TRO) this time postponing the meeting over IPI’s license by an additional 30 days to 8th July. IPI’s Ongoing […]
Casino
March 29, 2022
New Jersey Investors Reportedly Interested in Purchasing a Saipan Casino
Two American investors are reportedly interested in operating a Saipan casino as told by the head of the Commonwealth Casino Commission (CCC) of CNMI. The Saipan Tribune reports that Andrew Yeom, the executive director of CCC, has been contacted by two New Jersey investors. Online and Land-Based Operations Are Being Considered The New Jersey investors […]
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
February 3, 2022
CNMI to Vote on Imperial Pacific’s Saipan Casino License in March
The Commonwealth Casino Commission (CCC) of the Commonwealth of Northern Mariana Islands (CNMI) will hold hearings next month. During these gatherings, a decision on whether to revoke the exclusive casino license held by Imperial Pacific International (IPI) for Saipan will be made. However, a public threat made by IPI officials this week could influence that […]
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
July 23, 2021
No Shortage of Saipan Casino Interest If Imperial Pacific Given the Boot
The fate of Imperial Pacific International (IPI) and its continued presence in Saipan hangs in the balance. If the Commonwealth of Northern Mariana Islands (CNMI) is concerned about the possibility of not finding someone to take the embattled casino operator’s place, those concerns can now be put to rest. Should casino regulators part ways with […]
Casino
July 20, 2021
Imperial Pacific Forced to Watch as More Imperial Palace Assets Confiscated
At this point, Imperial Pacific International (IPI) is all but washed up in Saipan. The casino operator has bungled its Imperial Palace casino from the start and has never shown that it was willing to make even the tiniest effort to get on the right track. Things are going from bad to worse, with a […]
Legal
July 14, 2021
Will Saipan’s Watchdog Issue Second Casino License?
Imperial Pacific International’s (IPI) license was suspended recently over five complaints related to unpaid fees. While the operator’s license may be revoked, two Senators have reportedly asked the Commonwealth Casino Commission (CCC), the casino regulator for Saipan, to issue a second casino license. IPI’s License in Saipan Suspended Last year, IPI’s Imperial Palace venue in […]
Industry
July 12, 2021
Imperial Pacific International Forced to Sell Assets to Pay Off Debt
Imperial Pacific International (IPI) comes closer to waving the white flag with each day that passes. The casino operator behind Saipan’s failed Imperial Palace experiment has been as clumsy as a bad episode of The Three Stooges, but without a successful ending. Now, it’s going to lose gaming equipment and vehicles because it hasn’t been […]