Pacific Islands
IPI expects phase 1 opening by end of Q3
Imperial Pacific International Holdings on Tuesday announced it expects to “partially” open its casino resort by September 30, 2019.
The company didn’t add any more...
Saipan looks to online gambling to offset falling casino revenue
More than six months after super typhoon Yutu wreaked havoc across Saipan, the island has been struggling to get back to its full fighting...
Imperial Pacific to pay $3m to settle wage dispute
Hong Kong-listed Imperial Pacific will pay $3 million to settle U.S. Department of Labor claims that construction workers weren’t paid minimum wages and overtime, the AP reports, citing court documents.
AML a concern for online gambling in CNMI
The casino regulator in the Commonwealth of Northern Mariana Islands has asked legislators to carefully review a proposed bill that would legalise online gambling to ensure there are sufficient safeguards to prevent money laundering, according to media reports.
IPI won’t meet deadline with current worker shortage
Imperial Pacific’s vice president for construction is concerned the company will not be able to meet the deadline to complete the casino and hotel...
Saipan casino operator swings to loss in 2018
Imperial Pacific posted a significant loss for the year ended December 31, 2018, blaming the results on falling revenue, rising impairment losses of trade...
IPI sued over human trafficking claims
Saipan casino operator Imperial Pacific is being sued by former construction workers, claiming they were victims of forced labor and human trafficking during their...
Imperial Pacific sees 2018 loss on lower revenue, higher debt
Imperial Pacific International, which operates Saipan’s only casino, said it expects to post a loss for 2018 due to falling revenue and rising trade...
IPI aims for year-end completion, despite labor shortage
Despite the recent outflow of construction workers from IPI’s construction site, the casino operator says it expects to finish construction by the end of...
Visa crisis looms over IPI construction
Imperial Pacific International is facing further disruption at its unfinished Saipan property after new visa regulations further dried up the labor pool available to complete the long-delayed project.
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