{"id":20193,"date":"2021-07-13T15:08:25","date_gmt":"2021-07-13T15:08:25","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=20193"},"modified":"2026-04-23T17:38:59","modified_gmt":"2026-04-23T20:38:59","slug":"northern-mariana-islands-concerns-over-second-casino-licence","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/northern-mariana-islands-concerns-over-second-casino-licence","title":{"rendered":"Northern Mariana Islands: concerns over second casino licence"},"content":{"rendered":"\n

There’s been little news since senators introduced a bill to authorise a second casino licence if IPI’s exclusive licence is revoked.<\/p>\n\n\n\n\n\n\n\n

Northern Mariana Islands.- In February, the Northern Mariana Islands legislature introduced a bill to\u00a0authorise a second casino licence<\/strong>\u00a0in the event that IPI’s licence is finally revoked<\/a>. However, two senators have expressed\u00a0concerns over the lack of action<\/strong>\u00a0since.<\/p>\n\n\n\n

The two minority bloc members, Edith Deleon Guerrero and Paul A. Manglon, have written a letter expressing their concern, highlighting the urgency of the bill due to the\u00a0\u201cdetrimental financial crisis that IPI is facing now<\/strong>, with seemingly no end in sight.\u201d<\/p>\n\n\n\n

According to Mariana’s Variety, the new bill states: “If the exclusive casino license is revoked, the CNMI should take the opportunity to overhaul the casino industry<\/strong> by revisiting the casino statutory provisions and regulations to improve the industry.\u201d<\/p>\n\n\n\n

In June, Andrew Yeom<\/strong>, the CCC\u2019s executive director<\/a>, said: \u201cIt would be better for us [if there are other casinos], but we only have one exclusive licensee<\/strong>.\u201d<\/p>\n\n\n\n

He said money from the government \u201cmay be enough for personnel and operations costs<\/strong> for now, but it won\u2019t last long.\u201d<\/p>\n\n\n\n

According to the Commonwealth Casino Commission (CCC), IPI violated five orders <\/strong>including a failure to pay its US$3.1m annual regulatory fee <\/strong>in 2020 and failure to comply with an order to settle debts<\/strong> with vendors.<\/p>\n\n\n\n

Yesterday, Chief Judge Ramona V. Manglona <\/strong>announced IPI’s vehicles and casino gaming machines<\/a> will be seized and sold to comply with a $2.1m judgement by USA Fanter Corp.<\/p>\n\n\n\n

The US company sued IPI due to its failure<\/strong> to pay for work it completed at the operator\u2019s Saipan resort. <\/p>\n","protected":false},"excerpt":{"rendered":"

There’s been little news since senators introduced a bill to authorise a second casino licence if IPI’s exclusive licence is revoked.<\/p>\n","protected":false},"author":176,"featured_media":20206,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Northern Mariana Islands legislature is considering a bill to authorize a second casino license, contingent on the revocation of IPI's exclusive license. This legislative push is driven by IPI's severe financial distress, including unpaid regulatory fees and vendor debts, which has led to the seizure of its assets to satisfy a $2.1 million judgment. The situation highlights critical regulatory compliance failures and potential market restructuring.","focusai_entities":"IPI, Edith Deleon Guerrero, Paul A. Manglon, Andrew Yeom, Commonwealth Casino Commission, CCC, Ramona V. Manglona, USA Fanter Corp.","focusai_location":"Northern Mariana Islands, Saipan","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (1.0), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.9), journalist_researcher (1.0)","focusai_suggestions":[{"label":"IPI License Revocation?","query":"What is the projected timeline and specific legal process for the Commonwealth Casino Commission to finalize the revocation of IPI's exclusive license, and what are the immediate implications for its operational status?"},{"label":"New License Framework?","query":"How would the proposed legislative overhaul of casino statutory provisions and regulations in the CNMI differ from the existing framework, particularly concerning B2B\/B2C licensing requirements and governance structures for potential new market entrants?"}],"footnotes":""},"categories":[16336,156,158],"tags":[22674,23907],"class_list":["post-20193","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-regulation-news","category-slider-home","tag-ipi","tag-land-based-casino"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/20193","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=20193"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/20193\/revisions"}],"predecessor-version":[{"id":20229,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/20193\/revisions\/20229"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/20206"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=20193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=20193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=20193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}