Imperial Pacific International has agreed to pay $105,000 to settle a sexual harassment lawsuit brought by a former female employee.
The company, which has had its casino license suspended indefinitely, is facing multiple lawsuits from contractors, as well as a probe by U.S. investigators. IPI was awarded the right to operate the only casino on Saipan in 2014.
Everi Holdings Inc on Monday announced that E. Miles Kilburn, Chairman of the Board of Directors of Everi, has informed the Company he will retire from the Board of Directors and will not stand for reelection at the Company’s 2021 Annual Meeting of Stockholders.
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.
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing what 2020 may have had in store.