Imperial Pacific International has hired two new lawyers, former NMI Bar president Sean E. Frink and Catherine J. Cachero of the Marianas Legal Strategy Group, to defend the company against a former contractor and subcontractor.
These new lawyers will join Kelley Butcher, who has previously been representing IPI in this case.
The plaintiffs, who are all Chinese nationals, allege that IPI violated the CNMI Anti-Trafficking Act by forcing them to work long hours below minimum wage and under extremely dangerous conditions at the Garapan casino-resort worksite.
IPI claims that the workers have no legitimate financial claims to make because they illegally entered the CNMI to work.
This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.
Analysts have turned more upbeat about the prospects for Malaysia’s gambling operators, despite a recent upswing in new Covid-19 cases, saying the sector is good value as stocks are still down between 15 to 26 percent on the prior year.
Frederic Jean-Marie Winckler, executive vice president and chief creative and brand officer of Melco Resorts & Entertainment, talks with Michael Penn, executive editor of AGB Nippon, about the future of the luxury market in Macau and beyond. Among the topics addressed are the growing importance of digitization and the direction of luxury trends within the premium mass segment.
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.
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.