Andrew Yeom, the CCC\u2019s executive director, said the regulator’s remaining 11 employees have submitted their renewal contracts.<\/p>\n\n\n\n\n\n\n\n
Northern Mariana Islands.- All Commonwealth Casino Commission (CCC) employees have\u00a0submitted their respective contracts for renewal<\/strong>.<\/p>\n\n\n\n From an original team of 50, the financially troubled regulator is now down to just 11 employees<\/strong> after Leonard Leon\u2019s resignation<\/a> as the manager of the commission\u2019s compliance division.<\/p>\n\n\n\n Yeom said: “They should be processed soon as we are waiting and hoping for all approvals to be done within a week or two, if not days.”<\/p>\n\n\n\n According to Mariana’s Variety, he also revealed the commission has spent a total of $81,087. Of this amount, 54.91 per cent was for personnel wages and benefits while 26.72 per cent was spent on the board and other compensation.<\/p>\n\n\n\n The CCC is in crisis<\/a> due to a lack of funding and has warned that it will have to cease operations by April 2022 if it doesn\u2019t get new funds. Last June, the regulator announced 20 layoffs without cause<\/a> to reduce operational costs.<\/p>\n\n\n\n After being called to share his opinion regarding the House Local Bill 22-26 that would allow five casino licences on Saipan<\/strong>, Andrew Yeom said the bill is unconstitutional<\/a>.<\/p>\n\n\n\n The bill had been introduced<\/a>\u00a0by\u00a0Ralph N. Yumul, house floor leader<\/strong>. He stated that as\u00a0IPI<\/a>\u00a0had not been able to pay taxes and its US$15m exclusive licence fee,\u00a0the island needed more than one operator<\/strong>.<\/p>\n\n\n\n However, Yeom argued because an exclusive casino licence has already been established, the local bill would violate Article 1 Section 1<\/strong> of the Contract Clause of the Commonwealth Constitution.<\/p>\n","protected":false},"excerpt":{"rendered":" Andrew Yeom, the CCC\u2019s executive director, said the regulator’s remaining 11 employees have submitted their renewal contracts.<\/p>\n","protected":false},"author":176,"featured_media":22906,"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 Commonwealth Casino Commission (CCC) in the Northern Mariana Islands faces severe financial distress, reducing its staff to 11 and risking operational cessation by April 2022. Concurrently, the CCC's executive director has deemed a proposed bill to allow multiple casino licenses on Saipan unconstitutional, citing IPI's existing exclusive license despite its payment defaults.","focusai_entities":"Commonwealth Casino Commission, CCC, Andrew Yeom, Leonard Leon, IPI, Imperial Pacific International, Ralph N. Yumul","focusai_location":"Northern Mariana Islands, Saipan","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (0.9), investor_analyst (0.85), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"CCC Funding Outlook","query":"What specific legislative or executive actions are being pursued to secure the Commonwealth Casino Commission's funding and prevent its operational cessation by April 2022?"},{"label":"IPI License Implications","query":"How would the proposed House Local Bill 22-26, if enacted, legally circumvent or challenge the existing exclusive license agreement with IPI, given the CCC's constitutional concerns?"}],"footnotes":""},"categories":[16336,157],"tags":[24018,21613],"class_list":["post-26271","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-business-news","tag-ccc","tag-commonwealth-casino-commission"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/26271","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=26271"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/26271\/revisions"}],"predecessor-version":[{"id":26285,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/26271\/revisions\/26285"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/22906"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=26271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=26271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=26271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}CCC: Bill to end IPI\u2019s exclusive licence is unconstitutional<\/h2>\n\n\n\n