HomeNewsPacific IslandsIPI won’t contest CNMI casino license suspension

IPI won’t contest CNMI casino license suspension

February 26, 2021

Imperial Pacific International does not oppose having the Commonwealth Casino Commission suspend its casino gaming license, admitting its failure to pay the US$40 million Community Benefit Fund contribution in 2018 and 2019, and failing to pay the US$15.5 million annual casino license fee, as required by the Casino License Agreement. Meanwhile, it has been acknowledged that Ray N. Yumul is not yet legally recognized as IPI CEO in Saipan.

IPI doesn’t oppose suspension of casino license (Saipan Tribune)

PI’s CEO still unlicensed, says casino commission (Marianas Variety)

Felix Ng https://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.