The regulator says IPI has failed to comply with a previous commission order and now owes it $25.3m.<\/p>\n\n\n\n\n\n\n\n
Northern Mariana Islands.- The Commonwealth Casino Commission<\/strong> (CCC) has asked for Imperial Pacific International to be declared not to have complied with a commission order. It says the operator now owes $25.3m. <\/p>\n\n\n\n The motion was filed by Keisha Blaise<\/strong>, assistant attorney general, who said the casino operator had failed to comply with the Commonwealth Casino Commission Order 2021-002. According to the Saipan Tribune, the order was issued after the Superior Court affirmed previous CCC consolidated orders dated back to 2020 suspending IPI’s casino licence since for failure to fulfil duties and responsibilities in its licence agreement.<\/p>\n\n\n\n In March, the Supreme Court of the Northern Mariana Islands rejected an appeal by IPI<\/a> against the suspension of its gaming licence in Saipan<\/a>. <\/p>\n\n\n\n Commission Order 2021-0022 imposed a number of penalties on IPI due to its incompliance and ordered the following: <\/p>\n\n\n\n Blaise says that to date, the casino operator has not filed a stay with either the Superior Court or the Supreme Court on Commission Order 2021-002 so the order is enforceable. <\/p>\n","protected":false},"excerpt":{"rendered":" The regulator says IPI has failed to comply with a previous commission order and now owes it $25.3m.<\/p>\n","protected":false},"author":176,"featured_media":26855,"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) has moved to declare Imperial Pacific International (IPI) non-compliant with a previous order, asserting IPI now owes $25.3 million. This follows IPI's failure to meet licence agreement obligations and multiple court rejections of its appeals against licence suspension and imposed penalties. The order, which includes indefinite licence suspension and significant fines, remains enforceable as IPI has not sought a stay.","focusai_entities":"Imperial Pacific International (IPI), Commonwealth Casino Commission (CCC), Keisha Blaise, Superior Court, Supreme Court of the Northern Mariana Islands","focusai_location":"Northern Mariana Islands, Saipan","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (1.0), operator_casino (0.9), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"IPI's Asset Liquidation?","query":"What is the Commonwealth Casino Commission's strategy for recovering the $25.3 million owed, and what are the implications for IPI's remaining assets or potential bankruptcy proceedings?"},{"label":"Regulatory Precedent Impact?","query":"How might this definitive enforcement action against Imperial Pacific International influence regulatory compliance expectations and governance frameworks for other iGaming operators in emerging jurisdictions?"}],"footnotes":""},"categories":[16336,156],"tags":[21613,24134],"class_list":["post-34662","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-regulation-news","tag-commonwealth-casino-commission","tag-imperial-pacific-international"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34662","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=34662"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34662\/revisions"}],"predecessor-version":[{"id":34688,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34662\/revisions\/34688"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26855"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=34662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=34662"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=34662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}