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IPI reprieve on community benefit fund amidst new dispute and lawsuit

The CNMI Lottery Commission approved Imperial Pacific International’s request to extend for three years the deadline to pay its US$20 million community benefit fund contribution and to defer for five years the payment of the US$36 million that IPI failed to remit in previous years. Meanwhile, construction woes continued with a new lawsuit against IPI and a dispute with the construction engineers.

Felix Ng Felix NgNovember 23, 2020 · 1 min read
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The CNMI Lottery Commission approved Imperial Pacific International’s request to extend for three years the deadline to pay its US$20 million community benefit fund contribution and to defer for five years the payment of the US$36 million that IPI failed to remit in previous years. Meanwhile, construction woes continued with a new lawsuit against IPI and a dispute with the construction engineers.

Lottery commission gives IPI more time to pay community benefit fund (Marianas Variety)

H-2B workers sue IPI, recruiter (Marianas Variety)

IPI furloughs more employees (Saipan Tribune)

Felix Ng
Written by Felix Ng 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. More from Felix Ng →