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IPI gaming license suspended indefinitely

The Commonwealth Casino Commission has ordered the indefinite suspension of Imperial Pacific International’s gaming license. The company has not been able to comply with orders to pay a $6.6 million penalty, along with a $15.5 million annual casino exclusive license fee and $3.1 million annual casino regulatory fee prompted the move from the regulator, according to local media reports.  CCC’s C. DeLeon Guerrero said the suspension will last until IPI settles its arrears. The license suspension will take place starting May 10. However, the casino has already been closed due to coronavirus restrictions.  (Saipan Tribune)

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