CNMI GDP was already down 11.2 percent in 2019

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. 

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.

(Marianas Variety)