{"id":15485,"date":"2021-03-04T16:52:11","date_gmt":"2021-03-04T16:52:11","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=15485"},"modified":"2026-04-23T21:21:01","modified_gmt":"2026-04-24T00:21:01","slug":"imperial-pacific-faces-saipan-casino-licence-suspension","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/imperial-pacific-faces-saipan-casino-licence-suspension","title":{"rendered":"Imperial Pacific faces Saipan casino licence suspension"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Imperial Pacific International could have its casino licence suspended after admitting to violating five regulatory orders.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Northern Mariana Islands.- Imperial Pacific International (IPI) is facing the <strong>possible suspension of its casino licence in Saipan<\/strong> for failing to comply with regulatory orders.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Commonwealth Casino Commission (CCC) said Imperial Pacific International had <strong>violated five orders<\/strong>:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Failure to<strong> pay its US$3.1m annual regulatory fee <\/strong>in 2020.<\/li><li>Failure to<strong> comply with an order to settle debts<\/strong> with vendors.<\/li><li>Failure to<strong> fulfil minimum capital requirements<\/strong>.<\/li><li>Failure to <strong>pay its annual US$15.5m casino licence<\/strong> fee in 2020.<\/li><li>Failure to <strong>contribute US$20m to the community benefit<\/strong> fund on two occasions in 2018 and 2019.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Imperial Pacific&#8217;s future<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The casino operator <strong>has admitted all of the violations<\/strong>. Some voices among the authorities are seeking a<strong> US$20m fine <\/strong>against the operator while others want the complete removal of Imperial Pacific International&#8217;s licence.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Andrew Yeom<\/strong>, the executive director of the CCC, through Mike Ernst, his assistant attorney general, said the regulator would ask for &#8220;<strong>a licence suspension of indeterminate amount<\/strong> until they fully comply with the orders that they have violated.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ernst said <strong>a US$20m fine would be similar to revocation<\/strong> as &#8220;IPI would never be able to pay such an amount given its dire financial circumstances.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Last month, IPI began the process to obtain a\u00a0<strong><em><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/ipi-to-apply-for-licence-for-new-ceo\" target=\"_blank\">casino key employee license\u00a0for its chief executive officer (CEO)<\/a><\/em>.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Imperial Pacific International could have its casino licence suspended after admitting to violating five regulatory orders.<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Imperial Pacific International (IPI) faces potential casino licence suspension in Saipan after admitting to five regulatory violations, including significant unpaid fees, vendor debts, and failure to meet minimum capital requirements. The Commonwealth Casino Commission (CCC) is considering an indeterminate suspension or a substantial fine, which could effectively lead to revocation given IPI's dire financial state.","focusai_entities":"Imperial Pacific International, IPI, Commonwealth Casino Commission, CCC, Andrew Yeom, Mike Ernst","focusai_location":"Northern Mariana Islands, Saipan","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (0.85), investor_analyst (0.95), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"IPI's Financial Viability?","query":"Given IPI's admitted 'dire financial circumstances,' what is the likelihood of a successful appeal against a license suspension or revocation, and what are the potential implications for its remaining assets?"},{"label":"Regulatory Precedent Impact?","query":"How might the CCC's final decision on IPI's license suspension or revocation establish a precedent for regulatory compliance and enforcement actions against other operators in the Northern Mariana Islands or similar jurisdictions?"}],"footnotes":""},"categories":[16336,156],"tags":[23908,14213],"class_list":["post-15485","post","type-post","status-publish","format-standard","hentry","category-australasia-news","category-regulation-news","tag-gaming-regulation","tag-imperial-pacific"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/15485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=15485"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/15485\/revisions"}],"predecessor-version":[{"id":15517,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/15485\/revisions\/15517"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=15485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=15485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=15485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}