Best Sunshine is compliant of AML laws: CCC

Commonwealth Casino Commission executive director Edward Deleon Guerrero has defended recent claims brought by a Bloomberg report against Best Sunshine in Saipan, saying it is complying with all federal AML laws, local media reports.

Imperial Pacific came under the spotlight last week after it was alleged that the temporary casino had earned the suspicion of the U.S. Treasury's Financial Crimes Enforcement Network over its significant cash flow per table.

But Guerrero said the numbers were all true.

“If Best Sunshine Live inside a temporary casino inside a mall can outpace and outperform big name casinos is purely business... I can tell you the numbers are real. We are watching, documenting, and tracking it.”

The director said while he can not confirm or deny that such an investigation from the federal agency is taking place, if it was indeed happening, it could just be a routine inquiry.

“It is not as if they’ve done something wrong, [BSI] is submitting their reports to [FinCEN].”

“It is an irrelevant issue if FinCEN is doing an investigation but you don’t need to be alarmed if you are complying,” said Guerrero, adding that it is normally to be investigated in this industry.

Guerrero said that violating AML laws enforced by federal law enforcement is the quickest way for a casino to die.

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Pacific IslandsThursday, Nov 30, 2017

A mass exodus of workers on the Imperial Pacific Resort construction site could mean more delays are in store for the casino-hotel, which is aiming to complete construction by August 2018.

Pacific IslandsWednesday, Nov 22, 2017

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

Pacific IslandsMonday, Nov 20, 2017

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.

Pacific IslandsTuesday, Nov 07, 2017

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.

Pacific IslandsTuesday, Oct 31, 2017

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)

Pacific IslandsWednesday, Oct 25, 2017

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

Pacific IslandsMonday, Sep 25, 2017

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.