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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
August 2, 2022
IPI Not Out of the Woods, Piling Debts May Cost License
The Commonwealth of the Northern Mariana Islands (CNMI)’s casino regulator, the Commonwealth Casino Commission (CCC), revealed in a meeting late last week the full extent of Imperial Pacific International (IPI)’s financial troubles, reported Marianas Valley. Obligations Continue to Grow The CCC broke down all of IPI’s outstanding obligations to the CMNI government and showed that […]
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 […]
Casino
June 7, 2021
“Incompetent” Imperial Pacific International Chairwoman Steps Down
Imperial Pacific International (IPI) has finally made the first intelligent decision it has made in about seven years. The casino operator attempting to hold onto the Imperial Palace in Saipan in the Commonwealth of Northern Mariana Islands (CNMI) announced that it has accepted the resignation of its now-former chairwoman and executive director, Cui Li Jie. […]
Legal
May 25, 2021
Imperial Pacific Int’l to Pay $5.4M to Seven Former Employees over Forced Labor Lawsuit
Imperial Pacific International (IPI) has lost another in a long line of lawsuits that jeopardizes the casino developer’s future. IPI has faced legal and regulatory issues for almost as long as it has been behind the Imperial Palace casino in Saipan, and doesn’t seem to learn from its previous mistakes. As IPI’s ability to stay […]
Casino
April 26, 2021
Imperial Pacific May Be Done with the Casino Business in Saipan
It was a long time coming, but the writing was on the wall for anyone who could read it. Imperial Pacific International (IPI) is now – at least temporarily – done as a casino operator in the Commonwealth of Northern Mariana Islands (CNMI). The company has spent the past several years building out the Imperial […]
Casino
August 8, 2020
Stormy Clouds Above Imperial Pacific, Federal Charges Against Executives
Federal prosecutors indicted 3 people related to Imperial Pacific and its controversial casino project in Saipan, the second-largest island of the Mariana Archipelago and part of the Commonwealth of the Northern Mariana Islands (CNMI), a Bloomberg report revealed on Friday. The trio of Chinese nationals allegedly conspired to hire illegally a large number of Chinese […]