Saipan

Ratings agencies predict “stable” future for Saipan casino operator

September 15, 2016

Latest Casino and Gambling News, Economy/Finance, Saipan

Fresh from signing a pair of share deals earlier this week, Saipan casino operator Imperial Pacific International Holdings Limited has been assigned a first-time provisional corporate family rating of B2 by Moo...

Saipan casino operator agrees pair of share deals: Updated

Adam Morgan

September 13, 2016

Latest Casino and Gambling News, Casino project updates, Economy/Finance, Saipan

The operator of Saipan’s temporary Best Sunshine Live casino, Imperial Pacific International Holdings Limited, has announced that its majority shareholder is set to provide it with an interest-free loan worth a...

Saipan casino operator expects to record a first-half profit

Adam Morgan

August 16, 2016

Latest Casino and Gambling News, Economy/Finance, Saipan

After posting a net loss of $21.8 million for the first half of last year, Hong Kong-listed casino operator Imperial Pacific International Holdings Limited has revealed that it expects to record an overall prof...

Imperial Pacific receives ‘intent to award’ confirmation for Kan Pacific RFP

Renee Kingsley

July 20, 2016

Latest Casino and Gambling News, Casino proposals, Saipan, Licenses, Northern Mariana Islands

Hong Kong based Imperial Pacific International is the parent company of Best Sunshine International, Ltd which runs the Best Sunshine Live temporary casino on the Saipan Island in the Commonwealth of the Northe...

Saipan casinos predicted to pay out at least $33.6 million in tax next year

Adam Morgan

June 25, 2016

Latest Casino and Gambling News, Economy/Finance, Saipan, Taxation

The Commonwealth Casino Commission for the Commonwealth Of The Northern Mariana Islands has predicted that it will pay out at least $33.6 million in tax over the next fiscal year from VIP gamblers at casinos on...

VIP Gamblers enjoying Saipan’s temporary casino’s unusual accommodation arrangements

Renee Kingsley

May 18, 2016

Latest Casino and Gambling News, Casino openings, Casino project updates, Saipan

Hong Kong based Imperial Pacific International Holdings is looking for an investor to pump in $550 million into its subsidiary Best Sunshine International which is responsible for building the Grand Mariana Cas...

Reports: Best Sunshine International seeks financing to complete Saipan casino

K Morrison

May 5, 2016

Latest Casino and Gambling News, Casino project updates, Saipan

Best Sunshine International, traded as Imperial Pacific International LLC, a subsidiary of Hong Kong-listed Imperial Pacific International Holdings Limited (HKG: 1076), is attempting to secure $550 million to c...

U.S. Navy issues ‘letter of concern’ over port leases for upcoming EB-5 funded Tinian casino: Updated

Lars Jones

January 29, 2016

Latest Casino and Gambling News, Casino project updates, Saipan, Fines, Lawsuits & Litigation, Northern Mariana Islands, Saipan

A CNMI lawmaker in Tinian and the director of US-based Bridge Investment Group were quick to defend their positions on the heels of a 'letter of concern' penned to the Commonwealth Ports Authority (CPA) by a U....

Saipan, other CNMI casinos can soon invite junket operators

Lars Jones

January 6, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Saipan, Licenses, Northern Mariana Islands, Saipan

VIPs are already coming to Saipan in large enough numbers for the sole casino there to do over $3 billion in rolling chip business in their first two full months of operations. Now the CNMI Commonwealth Casino ...

Best Sunshine to take over Kan Pacific’s Mariana Resort & Spa in Saipan

Lars Jones

December 11, 2015

Latest Casino and Gambling News, Casino News, Casino expansion projects, Casino project updates, Saipan, Mergers, Acquisitions & Partnerships, Northern Mariana Islands, Saipan

Best Sunshine (Imperial Pacific) will pick up the remaining two years of Kan Pacific's lease in Marpi, Saipan where the Mariana Resort & Spa is located. Local news outlet, Marianas Variety reports that Best...

Gov. signs Saipan casino bill while rejecting some provisions

Lars Jones

December 9, 2015

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Saipan, Northern Mariana Islands

Acting Governor Ralph Torres signed Saipan's casino bill into law, but used line-item veto power to return some provisions for, "additional legislative work." House Bill 19-95 became Public Law 19-24 without ...

Imperial Pacific hires Yiu Ling Kwong as COO for Saipan casino

Renee Kingsley

November 27, 2015

U.S.A., Casino News, Casino openings, Saipan, Employment & Careers

Imperial Pacific International Holdings Ltd, a company based out of Hong Kong is constructing a $7.1 billion mega-casino resort in Saipan, an island located in the Commonwealth of Northern Marianas Islands, whi...

Tinian Dynasty becomes cash only facility

Sadonna Price

November 23, 2015

Latest Casino and Gambling News, Economy/Finance, Saipan, Northern Mariana Islands

Locals and tourists visiting the Tinian Dynasty resort will need to make sure that they are carrying cash as the property is now a cash-only facility. According to recent reports, the hotel and casino are no lo...

TCGCC: Application from Tinian Dynasty “substantially complete”

K Morrison

September 7, 2015

Latest Casino and Gambling News, Casino News, World Casino News, Saipan, Licenses, Mergers, Acquisitions & Partnerships, Northern Mariana Islands, Saipan

Tinian Entertainment’s casino license application to operate the typhoon ravaged Tinian Dynasty Hotel and Casino in the Northern Mariana Islands is essentially complete, according to Tinian’s gaming commission....

After “soft opening”, Saipan’s lottery commission gives go-ahead for live gaming

D. Graham

July 28, 2015

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, World Casino News, Casino openings, New Hotels, Gaming Industry News, Casino project updates, Saipan, Asian Casino News, Oceania Casino News, Saipan

The Commonwealth of the Northern Mariana Islands’ (CNMI) Lottery Commission has given Grand Mariana Casino & Hotel Resort’s parent company, Hong Kong-listed Imperial Pacific Holdings Ltd., permission to go ...