Pacific Islands

The Commonwealth Casino Commission is recommending to set the maximum fine imposed on Imperial Pacific International to $200,000.

The House of Representatives is looking at increasing the maximum fine that can be imposed on players, licensees, vendors and employees of Imperial Pacific International under a new bill, local media reports.

If adopted, the new bill will see the present penalty ceiling of $50,000 to increase to $800,000.

According to House Gaming Committee chair Rep. Joseph Deleon Guerrero, the penalty ceiling would be the largest amount imposed on a casino in the US.

 The opening of Imperial Pacific’s resort on the South Pacific island of Saipan had been one of the most eagerly anticipated openings in Asia in recent years, though in the end the casino made its debut with very little fanfare in July this year.

Slot machines owner Sin Ho Nam and operator Dan Bin Choi LLC are suing the CNMI government over new zoning restrictions that have forced the company to relocate its slot machines.

A “wind-up” petition has been filed against Imperial Pacific International over allegations that the company defaulted in paying construction management fees of approximately HK$2.6 million (US$333,284)

Saipan casino operator Imperial Pacific International says it has invested over half-a-billion dollars into the CNMI local economy.

Hong Kong-listed Imperial Pacific International says construction work at its delayed casino resort on the Pacific island of Saipan is now on track and it expects the labor issues that have dogged the project to be resolved soon.

37 illegal workers who worked on Imperial Pacific’s casino and hotel have refused an offer to be paid and sent back home to China.

Imperial Pacific International says impairment of the group’s trade receivables in the six months ended June 30, 2017 amounted to HK$2.1 billion (US$268.7 million).

Saipan casino operator Imperial Pacific International saw profit in 17H1 climb 8.9 percent year-on-year to HK$912 million, as VIP gamblers fuelled revenue.

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