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IPI on verge of having CNMI accounts seized

2020-06-10

Troubled operator Imperial Pacific International appears on the verge of having US$6.9 million seized from its CNMI bank accounts in order to pay dama

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IPI owes community benefit fund $37 million

2020-06-09

Commonwealth Casino Commission (CCC) executive director Charlie Atalig has filed a complaint against IPI for allegedly failing to contribute $40 milli

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Parent company will back IPI Saipan: lawyer

2020-06-03

Michael Dotts, general counsel for the Saipan casino operator, says that Imperial Pacific International Holdings, the Hong Kong-listed parent company

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IPI staff suffer electricity cut as another lawsuit hits the firm

2020-05-29

The existential woes of Imperial Pacific International deepened even further this week as Saipan’s utility cut electricity services to its staff hou

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IPI at risk of closing permanently

2020-05-25

Imperial Pacific International (IPI) has pleaded to the U.S. District Court for the NMI to stay or suspend proceedings related to a lawsuit filed by P

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IPI hit by power shutoff after nonpayment of energy bill

2020-05-22

Imperial Pacific International was briefly hit by a power shutoff this week after falling delinquent on paying its energy bill. The Commonwealth Ut

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IPI furloughs over 500 employees

2020-05-04

Imperial Pacific International has already furloughed 575 employees as of Tuesday last week as a result of the COVID-19 impact, IPI officials said. 

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IPI loses US$5.6 million judgement to former contractor

2020-04-28

US District Court Judge Ramona V. Manglona has awarded Pacific Rim Land Development a US$5.6 million judgement against Imperial Pacific International

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IPI files countersuit against former contractor

2020-04-24

Imperial Pacific International has accused its former contractor, Pacific Rim Land Development, of providing false information in its lawsuit against

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IPI going lean to survive COVID-19 downturn

2020-04-13

Imperial Pacific International has cited the need for a more efficient and effective organization in order to endure the economic hardship caused by t

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IPI contractor lawsuit to proceed

2020-04-06

A U.S. District Court in the Commonwealth of Northern Mariana Islands has backed a contractor seeking $5.65 million from Imperial Pacific International, declining the company’s petition to dismiss the case.

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IPI 2019 revenue drops as VIP roll collapses

2020-04-01

Imperial Pacific International reported a more than 77 percent drop in 2019 revenue and a wider loss as its VIP business dried up.

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IPI fails to get lawsuit dismissed

2020-03-30

Imperial Pacific International has failed in an attempt to quash a lawsuit from three local businesses who accuse the operator of interfering with their operations.

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Imperial Pacific announces temporary casino closure

2020-03-16

Imperial Pacific International, which operates the only casino on the island of Saipan, has reportedly announced the temporary shutdown of its property from 12 a.m. on Tuesday. 

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IPI issues profit warning to shareholders

2020-03-11

Imperial Pacific International warned its shareholders in a filing to the Hong Kong Stock Exchange that its full year 2019 results will include higher

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IPI hires more lawyers to defend against forced labor allegations

2020-03-04

Imperial Pacific International has hired two new lawyers, former NMI Bar president Sean E. Frink and Catherine J. Cachero of the Marianas Legal Strate

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CNMI lawmaker demands US$37 million payment from IPI

2020-03-03

Northern Marianas Commonwealth Legislature lawmaker Tina Sablan is seeking more information about Imperial Pacific International, as well as further r

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Lawmakers discuss lifting moratorium on poker machines

2020-02-18

Saipan lawmakers are considering lifting a moratorium on poker machines to help make up for the shortfall in casino revenues.  During an informal

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Cash-strapped IPI braces for economic impact of coronavirus

2020-02-12

Imperial Pacific International, already challenged in meeting its financial obligations, issued a statement to the local community assuring them of it

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