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Imperial Pacific proposes to sell Saipan casino and other assets for $10M
Imperial Pacific International (IPI) has filed a request with the federal bankruptcy court to approve the sale of its hotel casino and other real estate assets to businessman Loi Lam Sit for $10 million.
Embattled Imperial Pacific to delist from HKEX on June 17th
Saipan casino operator Imperial Pacific International will have its listing on the Hong Kong Stock Exchange officially canceled on June 17th at 9am.
Gaming oversight body to discuss Imperial Pacific bankruptcy request and Tinian online gaming license bill
The Commonwealth Casino Commission is scheduled to discuss updates on Imperial Pacific International Chapter 11 bankruptcy petition and a proposal to grant internet gaming licenses on Tinian for up to 20 years, during their meeting on Thursday.
Imperial Pacific needs $150M to complete Garapan IR
Imperial Pacific International (CNMI) LLC's director/general manager Howyo Chi recently revealed that completing the casino/resort building in Garapan will require an estimated $150 million investment from IPI.
Saipan casino watchdog delays Imperial Pacific license revocation decision
The Saipan Commonwealth Casino Commission (CCC) board has deferred its decision on whether to revoke Imperial Pacific International's exclusive gaming license in light of the company's Chapter 11 bankruptcy filing.
Imperial Pacific International files for bankruptcy
Imperial Pacific International (CNMI) LLC, facing mounting financial pressure, has sought refuge in Chapter 11 bankruptcy protection, halting negotiations with the Commonwealth Casino Commission (CCC).
Imperial Pacific agrees with $24M settlement in 2024
Commonwealth Casino Commission (CCC) executive director Andrew Yeom revealed under the draft stipulation agreement, Imperial Pacific International (IPI) will pay a total of $24 million in 2024.
Imperial Pacific gaming license decision delayed to April 22nd
After lengthy discussions, the Commonwealth Casino Commission (CCC) has set April 22nd as the final deadline for its executive director and Imperial Pacific International (IPI) to reach a settlement agreement.
Imperial Pacific International challenges delisting decision
The Saipan casino operator Imperial Pacific International (IPI) has decided to proceed with Judicial Review (JR) Proceedings against the delisting decision made by the...
Imperial Pacific International told to delist from HKSE on February 22nd
A Listing Review Committee from the Hong Kong Stock Exchange has decided in favor of delisting Imperial Pacific International, with the group being told its share-listing capacity would end on February 22nd.