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IPI won’t contest CNMI casino license suspension


Imperial Pacific International does not oppose having the Commonwealth Casino Commission suspend its casino gaming license, admitting its failure to pay the US$40 million Community Benefit Fund contribution in 2018 and 2019, and failing to pay the US$15.5 million annual casino license fee, as required by the Casino License Agreement. Meanwhile, it has been acknowledged that Ray N. Yumul is not yet legally recognized as IPI CEO in Saipan.

IPI doesn’t oppose suspension of casino license (Saipan Tribune)

PI’s CEO still unlicensed, says casino commission (Marianas Variety)

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