Pacific Islands

Saipan casino operator Imperial Pacific International Holdings Ltd. has denied news reports that its Saipan offices were raided by agents from the U.S. Federal Bureau of Investigation.

Imperial Pacific’s highly anticipated multi-billion dollar resort on the island of Saipan is planning to hold an opening on March 31, though it's unclear if anything will actually open. 

 

Imperial Pacific’s highly anticipated multi-billion dollar resort on the island of Saipan is planning to hold an opening on March 31, though it's unclear if anything will actually open. While soft openings are common, with Okada Manila for example starting limited casino operations in December ahead of a full unveiling, also on Friday, in this case, construction delays and labor issues continue to plague the site.



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A Hong Kong court has accepted evidence linking Imperial Pacific to a firm that funded trips made by Saipan lawmakers to Macau and Hong Kong in late 2013.

Saipan casino operator Imperial Pacific International Holdings says it expects to complete construction of its casino on March 31, 2017.

Recent photos of the construction site for Imperial Pacific’s eagerly awaited report on the island of Saipan cast considerable doubt on the possibility for any kind of opening in the first quarter of this year, as was initially planned.

A lawmaker in Saipan is questioning why no gaming revenue tax is being collected from the operations of Imperial Pacific International on Saipan.

Imperial Pacific, which has pledged to invest $7 billion on the Pacific island of Saipan, has requested an amendment to its Casino License Agreement to extend the deadline to complete construction of the properties.

Imperial Pacific International Holdings saw its VIP table games rolling chip turnover slump 14.5 percent year-on-year to US$1.7 billion, according to the company’s filing to the Hong Kong Stock Exchange.

Casino operator Imperial Pacific International has requested to extend the license of its temporary casino at T-Galleria in order to buy more time for the construction of its new integrated resort.

Imperial Pacific International (IPI) is planning a “soft opening” of its new casino on Mar. 31, but Saipan’s casino regulator has urged caution.

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