Bankruptcy

Imperial Pacific Seeks Court Approval to Sell Saipan Hotel Casino and Assets for $10M

Imperial Pacific International (IPI), a Chinese investment holding company based in Hong Kong, is making headlines as it seeks federal bankruptcy court permission to sell its hotel casino in Saipan, Northern Ma...

US Tax Authority Announces Northern Marianas Gaming Regulator Owes $5.8M in Taxes

The US Internal Revenue Service (IRS) has filed a federal tax lien against the Commonwealth Casino Commission (CCC) of the Northern Mariana Islands, claiming over $5.8 million in unpaid taxes dating back to 202...

Amazon Considers Investment in Diamond to Expand in Regional Sports Network Operations

Simultaneously with a prospective acquisition of streaming platforms Disney and Netflix, global e-commerce giant Amazon is considering options to invest in sports content. As the Wall Street Journal (WSJ) repor...

Aruze Gaming America To Close Its Head Office In Las Vegas Next Month

It was recently unveiled that Aruze Gaming America, a Las Vegas-based casino equipment manufacturer, is set to close its Las Vegas head office next month and discharge 100 employees, according to a report filed...
aruze

Aruze Gaming’s Financial Restitution – Voluntary Petition for Bankrupcy

One of the most popular developers of gambling entertainment solutions in the world, Aruze Gaming, is experiencing some financial difficulties these days. The company handed over the voluntary petition for bank...

Imperial Pacific International Holdings Limited asset sales to begin next month

Japanese casino equipment giant Angel Group Company Limited is reportedly set to buy back gear worth approximately $300,000 from beleaguered operator Imperial Pacific International Holdings Limited. Accordin...

Crown Resorts Limited shareholders rebel over remuneration revelations

For the second consecutive year and a large number of shareholders in Crown Resorts Limited have reportedly rebelled against the firm currently under investigation by casino regulators for the states of Western...