{"id":27784,"date":"2022-03-03T09:53:33","date_gmt":"2022-03-03T12:53:33","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=27784"},"modified":"2026-04-23T10:49:16","modified_gmt":"2026-04-23T13:49:16","slug":"imperial-pacific-delays-pay-due-to-financial-problems","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/imperial-pacific-delays-pay-due-to-financial-problems","title":{"rendered":"Imperial Pacific delays pay due to financial problems"},"content":{"rendered":"\n<p>Imperial Pacific has failed to comply with its scheduled payments for February as it continues to face financial problems.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Northern Mariana Islands.-\u00a0<strong>Imperial Pacific International\u2019s (IPI)\u00a0<\/strong>has told active employees that payroll for February 7 to 20 will be delayed until further notice. The company has been facing financial difficulties since the closure of the Imperial Pacific Resort in Garapan in March 2020.<\/p>\n\n\n\n<p>The company said: &#8220;We are working to find resources to cure this delay. We send our sincerest apologies to you for this inconvenience.&#8221;<\/p>\n\n\n\n<p><strong>Imperial Pacific International\u2019s (IPI)<\/strong>&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/imperial-pacific-faces-saipan-casino-licence-suspension\" rel=\"noreferrer noopener\">gaming licence was suspended<\/a>&nbsp;indefinitely as the operator failed to comply with regulatory orders. The Commonwealth Casino Commission board ordered&nbsp;<strong>IPI to pay a penalty of US$6.6m<\/strong>, an annual casino exclusive licence fee of US$15.5m and&nbsp;<strong>annual casino regulatory fees of US$3.1m<\/strong>.<\/p>\n\n\n\n<p>Last year, Andrew Yeom, Commonwealth Casino Commission executive director, filed&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/andrew-yeom-files-a-fifth-complaint-against-ipi\" rel=\"noreferrer noopener\">five complaints against Imperial Pacific International<\/a>&nbsp;seeking&nbsp;<strong>to revoke the operator\u2019s exclusive casino licence.&nbsp;<\/strong>He argued that the company failed to pay last year\u2019s annual regulatory fees of US$3m.<\/p>\n\n\n\n<p>Regulators will hold a series of meetings this month to decide the fate of the company&#8217;s monopoly casino licence.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Imperial Pacific has failed to comply with its scheduled payments for February as it continues to face financial problems.<\/p>\n","protected":false},"author":176,"featured_media":19434,"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 severe financial distress, evidenced by delayed employee payroll and persistent non-compliance with regulatory payment obligations. Its gaming license in the Northern Mariana Islands remains indefinitely suspended, with outstanding penalties and fees exceeding US$25 million. Regulators are scheduled to convene to determine the future of IPI's exclusive casino license amidst these critical financial and compliance failures.","focusai_entities":"Imperial Pacific International, IPI, Commonwealth Casino Commission, Andrew Yeom","focusai_location":"Northern Mariana Islands, Garapan","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.95), operator_casino (0.9), investor_analyst (0.95), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"IPI License Revocation Impact","query":"What are the specific legal and financial precedents set by the Commonwealth Casino Commission's actions against IPI, and how might this influence future B2C licensing and regulatory compliance frameworks in emerging iGaming jurisdictions?"},{"label":"Market Opportunity Analysis","query":"Should IPI's monopoly casino license be revoked, what is the projected timeline and process for re-tendering, and which established operators are strategically positioned to capitalize on this market entry opportunity in the Northern Mariana Islands?"}],"footnotes":""},"categories":[16336,157],"tags":[14213,22674],"class_list":["post-27784","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-business-news","tag-imperial-pacific","tag-ipi"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/27784","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=27784"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/27784\/revisions"}],"predecessor-version":[{"id":27795,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/27784\/revisions\/27795"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/19434"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=27784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=27784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=27784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}