The Commonwealth Casino Commission (CCC) is poised to advance with revocation proceedings against Imperial Pacific International (CNMI) LLC, pending Senate confirmation of Thomas A. Manglona’s nomination.

Imperial Pacific International (IPI) has filed a request with the federal bankruptcy court to approve the sale of its hotel casino and other real estate assets to businessman Loi Lam Sit for $10 million.

Saipan casino operator Imperial Pacific International will have its listing on the Hong Kong Stock Exchange officially canceled on June 17th at 9am.

The Commonwealth Casino Commission is scheduled to discuss updates on Imperial Pacific International Chapter 11 bankruptcy petition and a proposal to grant internet gaming licenses on Tinian for up to 20 years, during their meeting on Thursday.

Creditors move to discredit Imperial Pacific's appeal for bankruptcy, with over $160 million in debts in question.

Imperial Pacific International (CNMI) LLC's director/general manager Howyo Chi recently revealed that completing the casino/resort building in Garapan will require an estimated $150 million investment from IPI.

The Saipan Commonwealth Casino Commission (CCC) board has deferred its decision on whether to revoke Imperial Pacific International's exclusive gaming license in light of the company's Chapter 11 bankruptcy filing.

Imperial Pacific International (CNMI) LLC, facing mounting financial pressure, has sought refuge in Chapter 11 bankruptcy protection, halting negotiations with the Commonwealth Casino Commission (CCC).

The final death knell for Imperial Pacific International appears to have been rung, as Hong Kong’s High Court ordered the company to be wound up and appointed a provisional liquidator.

Commonwealth Casino Commission (CCC) executive director Andrew Yeom revealed under the draft stipulation agreement, Imperial Pacific International (IPI) will pay a total of $24 million in 2024.