Friday, April 26, 2024
HomeNewsPacific IslandsJudge denies Saipan regulator right to additional reply in license review case

Judge denies Saipan regulator right to additional reply in license review case

FOLLOW US

The Commonwealth of Northern Mariana Islands Superior Court has denied the Saipan casino regulator the right to present an additional reply in a judicial review of a decision to suspend Imperial Pacific International’s casino license.

The Casino Commission had filed its request to make a further comment on Jan. 6th, this year, arguing that IPI’s former CEO Ray Yumul had raised new arguments in a brief presented to the court, local media reports.

IPI had included comments that were made at a Commonwealth Casino Commission meeting. Yumul had told the commission that IPI had been forced to close its doors due to Covid and its revenue had fallen to zero. 

In denying the regulator’s petition, the judge said the court’s resources were better spent sifting through the records and exhibits in IPI’s petition for review.

IPI has said it expects to get a response on the fate of its casino license next month. 

IPI’s license was suspended in April last year failing to comply with orders to pay a $6.6 million penalty, along with a $15.5 million annual casino exclusive license fee and $3.1 million annual casino regulatory fee.

The regulator has said the authorities are leaning towards cancellation of the monopoly permit. 

AGBrief Editorial
AGBrief Editorialhttps://agbrief.com/about-asia-gaming-brief/
The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.

RELATED ARTICLES