Saturday, May 25, 2024

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IPI ending its Saipan chapter as CNMI deems the firm is no longer viable

The Governor of the Northern Mariana Islands, Arnold Palacios, has noted that there is no more settlement procedure for its casino license with Imperial Pacific International, given its bankruptcy filing.

President Marcos: Filipino hospitality a pillar of Philippine tourism

Philippine President Ferdinand R. Marcos Jr. has emphasized the pivotal role of Filipino hospitality in driving the growth of Philippine tourism and fostering overall economic development.

Commissioner acknowledges ‘prejudice’ in IPI case, lawyer claims company has no money

Two developments surrounding Commissioner Martin Mendiola and Attorney Michael Chen have made headlines this week.

CCC to decide on IPI casino license as negotiations continue

The negotiations for a settlement with Imperial Pacific International (IPI) are ongoing. As of Tuesday afternoon, the Commonwealth Casino Commission (CCC) had not taken any official action, while IPI stated they did not have a comment at this time, according to the report.

IPI reappoints Chen Feng as executive director

Imperial Pacific International (IPI), a casino operator in Saipan, has reappointed Chen Feng as an executive director.

IPI refiles lawsuits against CCC and Palacios

Imperial Pacific International (CNMI) LLC, a casino operator, resubmitted its two lawsuits against Palacios, the CCC, and associated officials on Friday.

Multiple factors delay IPI revocation hearing again

The hearing to determine whether to revoke Imperial Pacific International (CNMI) LLC’s exclusive casino license, originally scheduled for Tuesday, has been postponed again. 

PAGCOR: Casino Filipino Angeles City property revamp to be paid by lessor

The Philippine Amusement and Gaming Corporation (PAGCOR) says that false information was spread regarding its privatization plans, namely around the revamp of its Casino Filipino venue in Angeles City.

IPI’s winding-up petition hearing in HK postponed again to March 

Imperial Pacific International (IPI) is facing several winding-up petitions in Hong Kong. The scheduled petition hearing for January 31st was postponed for five weeks.

IPI files civil suit against the Commonwealth Casino Commission, claiming it’s being denied its constitutional rights

Imperial Pacific International (IPI) has filed yet another lawsuit against the Commonwealth Casino Commission (CCC), even as the December 30th deadline looms to pay back $62 million in alleged unpaid tax and penalties owed to the commission.