{"id":31893,"date":"2022-07-19T06:28:36","date_gmt":"2022-07-19T09:28:36","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=31893"},"modified":"2026-04-23T06:44:01","modified_gmt":"2026-04-23T09:44:01","slug":"ccc-and-ipi-still-havent-signed-a-settlement-agreement","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/ccc-and-ipi-still-havent-signed-a-settlement-agreement","title":{"rendered":"CCC and IPI still haven&#8217;t signed a settlement agreement"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Local media report that negotiations between the regulator and casino operator are ongoing.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Northern Mariana Islands.- Despite reports that a settlement between<strong> Imperial Pacific International <\/strong>and the <strong>Commonwealth Casino Commission <\/strong>might be reached last week, it appears that an agreement has yet to be signed. According to the Saipan Tribune, <strong>no agreement has been reached<\/strong> and the two parties continue to negotiate.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">IPI and CCC informed the Northern Mariana Islands chief justice Ramona Manglona at the US District Court last week that\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/ccc-and-ipi-could-sign-a-settlement-agreement-by-the-end-of-this-week\" target=\"_blank\">their long-awaited settlement was expected to be completed by July 18<\/a>. Yesterday (July 18), Manglona asked the parties to notify the court when the agreement was finalised. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, she noted if the parties failed to reach an agreement by the end of the day, the CCC had until July 22 to file an opposition to IPI&#8217;s motion for a preliminary injunction that prevents the CCC from revoking IPI&#8217;s casino licence. IPI, for its part, would need to file any reply by July 29.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">IPI had reported that it hopes to secure enough investment to ensure it could make the financial commitments required by a settlement, which would resolve the CCC\u2019s five complaints against IPI filed by executive director\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/ccc-close-to-reaching-settlement-agreement-with-ipi\" target=\"_blank\">Andrew Yeom<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Local media report that negotiations between the regulator and casino operator are ongoing.<\/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":"Negotiations between Imperial Pacific International (IPI) and the Commonwealth Casino Commission (CCC) in the Northern Mariana Islands regarding a settlement and IPI's casino license remain unresolved, missing a key deadline. The ongoing dispute involves a preliminary injunction preventing license revocation, with IPI actively seeking investment to meet financial commitments required for a resolution.","focusai_entities":"Imperial Pacific International, Commonwealth Casino Commission, Ramona Manglona, Andrew Yeom","focusai_location":"Northern Mariana Islands","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (1.0), operator_casino (0.9), investor_analyst (0.9), journalist_researcher (0.95)","focusai_suggestions":[{"label":"IPI's Financial Commitments?","query":"What are the specific financial commitments and operational benchmarks Imperial Pacific International must meet to satisfy the Commonwealth Casino Commission's requirements?"},{"label":"Market Impact of Revocation?","query":"What are the potential long-term economic and regulatory implications for the Northern Mariana Islands' gaming vertical if Imperial Pacific International's casino license is ultimately revoked?"}],"footnotes":""},"categories":[16336,156],"tags":[21613,24134,22674],"class_list":["post-31893","post","type-post","status-publish","format-standard","hentry","category-australasia-news","category-regulation-news","tag-commonwealth-casino-commission","tag-imperial-pacific-international","tag-ipi"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/31893","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=31893"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/31893\/revisions"}],"predecessor-version":[{"id":31897,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/31893\/revisions\/31897"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=31893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=31893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=31893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}