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Casino
April 12, 2024
Two Rolls Royce Cars Owned by IPI Sold for $333K
Two luxury Rolls Royce vehicles, part of the assets of Imperial Pacific International (IPI) LLC, the troubled Saipan casino operator, were up for sale via an auction that closed on April 11. The luxury cars were able to find new owners, after the company in charge of auctioning the assets, Clear Management Ltd, confirmed the […]
Casino
April 1, 2024
IPI Auctions Off Rolls-Royce Cars and Crystal Dragons
Saipan’s troubled casino operator, Imperial Pacific International (IPI) LLC, is again making headlines as its assets go under the hammer in a new auction organized by the appointed receiver. This time, the spotlight falls on IPI’s prestigious collection of Rolls Royce cars and its famed Crystal Dragons. The online auction, facilitated by Clear Management Ltd, […]
Business
March 6, 2024
Imperial Pacific International Offers License Transfer amidst Legal Uncertainties
Imperial Pacific International (IPI), the once illustrious Saipan casino operator, proposed transferring its casino license to a new investor as part of a new settlement agreement, petitioning the Commonwealth Casino Commission (CCC) to consider its offering. This move aims to avoid the revocation of its license but has caused heated debates among industry stakeholders. IPI […]
Legal
January 10, 2024
IPI Loses All Hope as Supreme Court Denies Appeal
Imperial Pacific International (IPI) faced another crippling blow on Monday as the US Supreme Court rejected its petition, upholding the Ninth Circuit’s previous ruling regarding the case. This decision allows the Commonwealth Casino Commission (CCC) to proceed with the revocation hearing concerning IPI’s casino license and will likely spell the end for Imperial Palace Casino […]
Casino
May 5, 2023
Public Works Department Wants to Investigate IPI’s Decaying Saipan Casino
Imperial Palace Casino in Saipan remains closed to this day. Imperial Pacific International (IPI), which operates the casino, has been involved in various controversies and almost lost its license on several occasions. However, the controversies might not be the only thing preventing the property from reopening. As reported by Mariana Variety, two years of being […]
Casino
August 31, 2022
IPI Surprisingly Saves Its Saipan Casino License Yet Again
Yet again Hong Kong’s Imperial Pacific International (IPI) miraculously managed to keep its casino monopoly license for its operations at the Imperial Palace Casino in Saipan. This time with the help of the District Court for the Northern Mariana Islands, which issued an injunction in connection with IPI’s ongoing dispute with the Commonwealth of Northern […]
Casino
June 16, 2022
Imperial Pacific International Dodges Losing its Saipan Casino License
Hong Kong-based Imperial Pacific International (IPI) avoided losing its monopoly license in Saipan yet again. For the fourth time, a judge of the US District Court for the Northern Mariana Islands issued a temporary restraining order (TRO) this time postponing the meeting over IPI’s license by an additional 30 days to 8th July. IPI’s Ongoing […]
Casino
March 29, 2022
New Jersey Investors Reportedly Interested in Purchasing a Saipan Casino
Two American investors are reportedly interested in operating a Saipan casino as told by the head of the Commonwealth Casino Commission (CCC) of CNMI. The Saipan Tribune reports that Andrew Yeom, the executive director of CCC, has been contacted by two New Jersey investors. Online and Land-Based Operations Are Being Considered The New Jersey investors […]
Business
February 8, 2022
Imperial Pacific Boss Who Threatened to Reveal Dirty Secrets Resigns
Even when it tries its best to keep things together, Imperial Pacific International (IPI) fails. Faced with the realization that the casino operator could permanently be kicked out of the Commonwealth of Northern Mariana Islands (CNMI), its now-former CEO lashed out at lawmakers recently. As a result, he “voluntarily” resigned from the company, effective February […]
Business
February 3, 2022
CNMI to Vote on Imperial Pacific’s Saipan Casino License in March
The Commonwealth Casino Commission (CCC) of the Commonwealth of Northern Mariana Islands (CNMI) will hold hearings next month. During these gatherings, a decision on whether to revoke the exclusive casino license held by Imperial Pacific International (IPI) for Saipan will be made. However, a public threat made by IPI officials this week could influence that […]