Wednesday, August 10, 2022


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Cash-strapped IPI braces for economic impact of coronavirus


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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Lawmakers seek corruption probe of CNMI governor


The six-member CNMI House of Representatives' minority bloc asked Speaker Blas Jonathan Attao to appoint a special committee to investigate Governor Ralph Torres on allegations of public corruption, fraud, waste, and abuse of public funds, with some of...

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Mark Brown resigns as IPI CEO


Commonwealth Casino Commission Executive Director Edward Deleon Guerrero has revealed that Mark Brown has resigned as CEO of Imperial Pacific International (IPI), effective December 8.

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IPI loses its lawyer


Phillip J. Tydingco, the high-powered lawyer who has been representing Imperial Pacific International (IPI) in a number of legal cases, has indicated that he will be stepping away from his role next week.

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No fanfare for Imperial Pacific resort opening, amid protests


Hong Kong-listed Imperial Pacific finally opened the casino portion of its $3.1-billion IR project on the Pacific island of Saipan on July 6, though the group still faces hurdles in completing the resort. The company has generated considerable buzz since...

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Saipan casino eyes 17Q1 debut despite finance delays


Imperial Pacific Holdings says its resort on the Pacific Island of Saipan will open in the first quarter of this year, despite concern over funding problems for the proposed $7 billion project. The operator, which is currently working out of a temporary...

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Saipan regulator turns back certain junket operators


The Commonwealth Casino Commission has returned some of the applications of junket operators aiming to supply Saipan’s Best Sunshine International w

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Imperial Pacific reports best monthly VIP roll to date


Hong Kong-listed Imperial Pacific says its temporary casino on the island of Saipan took in $3.95 billion in VIP rollings in September, its best month

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Imperial Pacific assigned B(EXP) rating: Fitch


Fitch Ratings says it expects to assign Imperial Pacific International Holdings Ltd a Long-Term Foreign-Currency Issuer Default Rating (IDR) of ‘B(E

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CNMI govt expecting $39 million at end of fiscal year


The CNMI government is expecting an additional $39 million of gaming tax at the end of this fiscal year, local media reports. The amount represents gr

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Bad timing for additional tax says commission


Representatives of the Commonwealth Casino Commission in Saipan have told the House of Representatives that imposing an additional 10 percent tax on c

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Kan Pacific to assign remaining lease to Best Sunshine


Best Sunshine International is taking over the remaining term on a lease held by Kan Pacific on the island of Saipan, according to Marianas Variety. T

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Best Sunshine holds grand opening


THE temporary casino at T Galleria is now in full operation. On Friday night, Nov. 27, Best Sunshine live-training facility or temporary casino at T G

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Mariana Entertainment opens second Club 88


E-gaming operator Mariana Entertainment has opened another Club 88, this time at the Mariana Resort & Spa in Marpi, north of Saipan. The facility, whi

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Imperial Pacific's temporary Saipan casino to open in November


Imperial Pacific International Holdings announced that its ‘temporary casino’ on Saipan will officially open on November 27. “In addition, the t

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Imperial Pacific ends loan agreement with Heng Sheng


Imperial Pacific International said that through a subsidiary has terminated a loan and profit transfer agreement with Macau casino junket Heng Sheng

Imperial Pacific buys land for $3.2 million


Imperial Pacific International, which is planning to build a $7.1 billion integrated resort on Saipan, last month signed an agreement to purchase 11 h

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Mariana Entertainment plans to open second gaming venue on Saipan


Mariana Entertainment is planning on opening a second electronic gaming venue on the island of Saipan in the Northern Marianas, according to local sou

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Imperial Pacific launches temporary casino


Imperial Pacific International Holdings announced that it held a soft opening of a temporary casino in the Pacific island of Saipan on Sunday. “The

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