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IPI CEO steps down after less than a year

Imperial Pacific International has announced the departure of another key executive with its Chairman and CEO Harry Cheang stepping down effective on Friday.

Regulator questions 2,000 hotel rooms at IPI resort

Saipan’s gaming regulator has questioned the need for 2,000 hotel rooms at the Imperial Pacific Hotel, as stipulated in the exclusive license agreement, Marianas...

IPI gets three year extension for initial gaming facility

Imperial Pacific International Holdings has been given an extension for completion of its initial gaming facility in Saipan to no later than February 28,...

IPI asks for extension to Dec. 2020

CNMI’s Development Plan Advisory Committee has recommended extending the deadline for Imperial Pacific International to complete construction of its Saipan hotel-casino to December 2020,...

Alter City Group casino license suspended

Alter City Group, the company behind a proposed billion dollar investment project in Tinian, has had its casino license suspended for over a year...

IPI issues profit warning for 18H1

Saipan casino operator Imperial Pacific International has issued a profit warning for the six months ended June 30, 2018. IPI said the “substantial” decrease in...

IPI appoints new chairperson and exec director

Imperial Pacific International Holdings has announced the appointment of Ms. Xia Yuki Yi as its new executive director and chairperson of the executive committee,...

IPI hit by salary payment problems

Imperial Pacific International says it has had issues transferring funds to pay workers for the August payroll period.

IPI only 69 percent complete: Poon

With only a few weeks until the deadline for Imperial Pacific’s new resort hotel in Garapan, and an extension request in the works, IPI...

IPI hires nearly 600 Filipino construction workers

Imperial Pacific International has hired nearly 600 foreign construction workers to help with the construction of the Garapan casino-resort facility, local media reports. The workers,...

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PAGCOR Q1 profit up 9.5 percent

Philippine Amusement and Gaming Corp (PAGCOR) saw its profit climb 9.5 percent to P1.6 billion (US$30 million) during the first quarter of 2019, mainly...

Kansai IR Expo reveals rapid growth of the gaming industry

The scale of the Kansai IR Industrial Expo held in Osaka on May 15 and 16 testified to the rapid rate of growth of the gaming industry in Japan as it was clearly much larger than its predecessor event held a year ago in the same city.

Parañaque court affirms Okada warrant of arrest

A Parañaque City trial court has affirmed the warrant of arrest issued earlier this year against Japanese gaming mogul Kazuo Okada, local media reports. Okada’s...

Summit Ascent announces board changes after Suncity hikes stake

Summit Ascent Holdings has announced board room changes after Suncity Group Holdings increased its stake in the operator of Tigre de Cristal earlier this month.