Pacific Islands

Imperial Pacific has been given the go-ahead to open its casino on Saipan provided it meets certain conditions, primarily related to health and safety.

The now defunct Tinian Dynasty Hotel & Casino has been ordered to pay a $191,400 civil penalty to the U.S. Department of Labor secretary “for willful and repeated violations” of the overtime provision of the Fair Labor Standards Act.

Saipan’s casino regulator is investigating the company contracted to construct baccarat tables for Saipan’s newest casino for illegal labor practices.

The decision to allow the opening of Saipan’s newest casino operated by Imperial Pacific International will be deferred to next week after the Commonwealth Casino Commission raised concerns of safety.

Saipan’s Department of Public Works has finally approved Imperial Pacific’s conditional certificate of occupancy, bringing the casino operator one step closer to opening the casino portion of its resort project.

Ratings firm Moody’s Investor Services shaved its rating on Imperial Pacific by one notch to “Caa1” and said it still had a negative outlook on the company, indicating it sees a significant chance of another downgrade in the medium term.

Imperial Pacific’s temporary casino on Saipan generated VIP turnover of US$2.15 billion in the month of April, down 48.1 percent year-on-year, according to the latest company filing to the Hong Kong Stock Exchange.

Saipan’s casino regulator is urging Imperial Pacific International to get involved in the recent fiasco involving illegal workers at IPI’s casino construction site.

A representative from the Commonwealth of Northern Mariana Islands’ legislature has criticized the government over ongoing issues relating to workers at Imperial Pacific’s casino construction site, the Saipan Tribune reports.

More than 50 Chinese construction workers hired to build the Imperial Pacific Hotel & Resort gathered in a protest on Friday demanding to be paid their wages.

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