Commonwealth Casino Commission executive director Andrew Yeom says the commission has received a number of inquiries from interested parties in Saipan’s casino license, should IPI’s one be revoked.
“I cannot tell you who, how many. But yes,” said Yeom, in response to questioning from Gaming Committee vice chair Rep. Christina E. Sablan’s (D-Saipan).
Yeom however said that the commission’s focus will be in resolving the problems brought on by its current licensee IPI. If that doesn’t happen, then there is the possibility of revoking IPI’s license, he said.
For this edition of our magazine, we focus on Southeast Asia, with a particular look at the Philippines. The country’s casino industry has been among the hardest hit in Asia, with the integrated resorts in Manila’s Entertainment City having remained mostly closed to the general public since the beginning of the crisis last year.
The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.