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CNMI governor gives tepid support for IPI financial suitability hearings

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CNMI Governor Ralph Torres has given tepid verbal support for IPI to undergo financial suitability hearings “if this is something that Commonwealth Casino Commission needs to do in order to move forward.” Meanwhile, IPI is dangling a US$5.6 million deposit to a CNMI bank as part of a possible payment to litigant Pacific Rim Land Development

Torres backs public hearing to determine IPI’s ‘financial suitability’—if CCC wants it (Saipan Tribune)

IPI says investor will deposit $5.59M to pay Pacific Rim (Marianas Variety)

Felix Ng
Felix Nghttps://agbrief.com/about-asia-gaming-brief/
Felix is the Asia Editor and Events Director of the Asia Gaming Brief. He has over a decade of experience developing conferences for industries including gaming, telecoms, investment, biotechnology, and mining. Felix covers gaming technology and innovation and is passionate about developing engaging and eye-catching content for the industry.

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