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).

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.

After lengthy discussions, the Commonwealth Casino Commission (CCC) has set April 22nd as the final deadline for its executive director and Imperial Pacific International (IPI) to reach a settlement agreement.

The Saipan casino operator Imperial Pacific International (IPI) has decided to proceed with Judicial Review (JR) Proceedings against the delisting decision made by the...

A Listing Review Committee from the Hong Kong Stock Exchange has decided in favor of delisting Imperial Pacific International, with the group being told its share-listing capacity would end on February 22nd.

Imperial Pacific International (IPI) has had its winding up petitions in Hong Kong court delayed yet again, with the date now pushed back to January 31st.

The director and manager of Imperial Pacific International LLC, Howyo Chi, did not provide any updates on the expected payments of due gaming license fees, as the final deadline for payment approaches.

Imperial Pacific International LLC is indebted to judgment creditors in both federal and local courts, encompassing the tax lien maintained by the CNMI Division of Revenue and Taxation, amounting to a total of $21,108,568.71.

Imperial Pacific International’s parent company could face a possible delisting from the Hong Kong Stock Exchange, as the Saipan operator continues to face challenges on multiple fronts. According to IGamiX Managing Partner Ben Lee the possible revocation of its casino license by the Commonwealth Casino Commission due to unpaid casino license fees just adds to the multiple challenges faced by the company.