With an 80 percent drop in casino revenues, the CNMI GDP fell 11.2 percent in 2019, according to data from the U.S. Department of Commerce-Bureau of Economic Analysis.
The Northern Mariana islands, which rely heavily on tourism, was hit by two typhoons in September and October 2018, crippling the economy.
This caused a massive drop in visitor spending, including casino gambling in 2019 – which fell 80 percent.Â
IPI’s revenue fell a further 95.1 percent in 2020 due to the coronavirus pandemic, as well as licensing issues that have plagued the operator.
