Saipan Takes Huge Step Toward Ousting Casino Operator Imperial Pacific Int’l

Must read


Posted on: March 29, 2023, 07:05h. 

Last updated on: March 29, 2023, 07:05h.

The Commonwealth of Northern Mariana Islands (CNMI) government is finally realizing what most of the gaming industry already knew. Imperial Pacific International (IPI), which still maintains casino exclusivity in Saipan through the defunct Imperial Palace, is not an honorable member of the industry.

Members of the CNMI House of Representatives discuss budget issues in a session
Members of the CNMI House of Representatives discuss budget issues in a session. The government may finally remove the casino exclusivity held by Imperial Pacific International. (Image: The Guam Daily Post)

CNMI lawmakers took a trip to the Philippines last week to participate in the ASEAN gaming summit. The annual event took place March 19-21 and provides a mechanism for participants to explore gaming in Southeast Asia.

What the lawmakers learned, according to media outlet Kuam News, is that they may have been blindsided by IPI. As a result of their findings, “all bets are off,” and the casino operator may – finally – lose its broken casino exclusivity.

IPI On Everyone’s “Blacklist”

Given the economic issues the CNMI is facing, partially due to IPI’s incompetence and negligence, the CNMI lawmakers didn’t have to pay to attend the ASEAN summit. This saved the US-controlled territory $2,500 but didn’t keep the attendees from having to cover the travel fees.

However, it was well worth the trip. House Gaming Committee Representative Ralph Yumul acknowledged that there’s never a perfect time to spend money in a tight economy, but added that the lawmakers gained valuable insight to help the CNMI recover.

Kuam News shared a recording of the press conference the lawmakers held upon their return. One of the biggest takeaways was that IPI is “blacklisted in terms of international gaming,” according to comments the lawmakers made upon their return.

They didn’t elaborate on how IPI landed on anyone’s blacklist. However, the company’s own actions in Saipan with Imperial Palace show repeated incompetence and regular mismanagement that could only be permanently embedded in the company’s business model.

I do not know why they are sitting on this. I have no idea why. But I will tell you this, is there enough substantial evidence, have they committed enough grievances and enough mistakes to have that license revoked by now? A thousand times over!,” said Vice-Chair Ed Propst of the House Gaming Committee.

In light of that revelation, the CNMI government is seriously considering revoking IPI’s casino exclusivity. This has been something that has been under discussion for months, but which was previously considered “unconstitutional.” That might now change.

Starting Over From Scratch

Finally, the CNMI might be ready to toss the old gaming playbook in the trash and start over. Should it quickly move to eliminate IPI, the government is confident that it has investors from places like Taiwan and South Korea lined up to build infrastructure in Saipan and across the territory.

This would include changing the CNMI’s approach to gambling. Instead of a large integrated resort, there would be smaller operations with their own gaming rooms. Yumul added, “There is no building of 2,000 rooms. That is not going to happen any time soon.”

House Representative Marissa Flores took the conversation a step further. In addition to rewriting the gambling legislation, she believes that the Commonwealth Casino Commission (CCC) needs an overhaul, as well. Flores stated that the commission “did not regulate well” the gaming industry.

It also didn’t “adequately understand” the ramifications of introducing lax standards. These comments were a possible hint at the need for a complete restructuring of the CCC.

The lawmakers didn’t add in their press conference what happens next. The good news is that they’ve finally seen the light, though, which is a huge step in the right direction.


Source link

More articles

- Advertisement -spot_img

Latest article

kemampuan spesial putaran ajaib slot mahjong ways 1 langsung cuan maksimalteknik keramat slot mahjong ways 2 auto turun scatter berlimpahslot jackpot unlimited paling di cari memberslot sugar rush 1000 mudah jackpot besartrik menangkan jackpot pakai strategi inirahasia mengalahkan mesin slot onlinertp dan volatilitas slot pragmatic gates of olympus hari inicara kerja fitur free spin pada slot gates of olympusakun vip mesin slot kakek zeus mudah dapat x500 tiap spincara menang slot sensasional hanya modal receh khusus slot olympusslot unlimited scatter tanpa batas game slot olympus 1000 terbarulink slot gacor terbaru saat inislot demo x500 mesin slot gate of gatotkaca hokiakun pro server jepang jaminan sensa slot olympus x500slot pasti menang dijamin perkalian besar pasti muncul gacor bangetslot anti kalah prediksi admin indra kenzrahasia bocoran dari ahli slot starlight princessstrategi meraih kemenangan besar sweet bonanza x100mengenal simbol penting pada slot gates of olympusfitur multiplikator dari slot gates of olympus yang harus kamu taucara jitu melipat gandakan kemenangan bermain slot onlineslot mahjong ways 2 scatter hitam membararahasia mengalahkan kunci admin mesin slot olympuspanduan lengkap cara mudah jp slot mahjong waysslot maxwin pasti jackpotpola hoki slot super mahjong ways 2 jaminan maxwin sekali spintrik ledakan bom besar x100 sweet bonanzacara mudah munculkan fitur slot scatter hitam kemenangan maksimalcara jitu mengalahkan bandar judi online dengan main slot pragmatic playsistem kemenangan besar 100 juta main slot mahjong ways banjir wild terbanyakcara menjadi sultan dalam sekejap bermain slot mahjong ways2rahasia gacor link maxwin terbaru pgsoftmain slot online dengan pola hoki dijamin maxwinslot mahjong lagi bagi bagi jackpot tanpa batas hanya butuh modal recehkunci kemenangan slot mahjong waysrahasia jam gacor gampang jackpot slot mahjong pandakumpulan slot gacor terbaru 2024sistem spin ajaib slot mahjong ways 1 gampang kasi kemenangan instantcheat gacor slot onlineslot scatter hitam menggila langsung menang 100 jutaslot rave party fever menang maxwin dengan trik bocoran ampuhpola jitu main ikan gampang menang slot koi gate habanerodaftar slot paling jitu memberikan kemenangan kepada member barubocoran pola sakti slot gates of olympuscara mendapatkan perkalian tidak wajar slot mahjong waysbocoran terbaru ahli bermain slot onlinealasan mengapa slot pragmatic gates of olympus begitu populerbocoran pola slot gates of olympus yang pasti slot hokibermain slot pragmatic gates of olympus dengan modal minimtrik main slot jackpot modal recehbocoran akurat sekali spin slot mahjong ways superbanjir kemenangan konsisten slot mahjong tanpa ampun kasi jackpotcara terbaik memaksimalkan kemenangan bermain slot mahjong ways 2admin putri bagi bagi akun sakti khusus slot pragmatic playpenemuan jam hoki slot gacorcara bermain slot gacor dengan langkah ajaib dari admin stevenulasan mendalam starlight princess x1000 menurut para ahliperbandingan slot starlight princess dengan slot lainnya di tahun 2024keistimewaan akun vip di slot online server thailandstrategi terbaik untuk menang di slot starlight princess dari pragmatic playfakta bocoran pola scatter dari negeri para princessgrebek situs pola gacor zeus untuk turunkan scatterketimpa scatter x1000 membuat bandar mahjong ways gulung tikarkumpulan naga hitam memecahkan pola gacor di mahjong wayslari bersama kakek zeus mengejar maxwin x1000mandi jackpot bareng di situs gacor anti rungkad bonanzapeluang kemudahan mencuri pola kakek merah zeusspenjual rujak memberi pola buah untuk mendapatkan jackpot di bonanzaresiko jadi admin slot dapat memecahkan pola gacor mahjong ways2seorang pria muda di temukan sukses berkat pola gacor princessnya