The Commonwealth Casino Commission is looking to reschedule revocation hearings for October, November, or December.<\/p>\n\n\n\n\n\n\n\n
Northern Mariana Islands.- The Commonwealth Casino Commission (CCC) is considering potential dates for hearings on its proposed revocation of Imperial Pacific International (IPI)’s exclusive casino licence.\u00a0<\/p>\n\n\n\n
IPI had taken legal action in the US District Court for the NMI to obtain a temporary restraining order<\/a>\u00a0blocking the licence revocation while arbitration was pursued. On appeal, the US Court of Appeals for the Ninth Circuit granted the CCC’s request to reverse the federal court’s ruling<\/a>. The CCC is now considering scheduling revocation hearings for October, November or December. IPI has filed another request for reconsideration.<\/p>\n\n\n\n According to Saipan Tribune, CCC commissioner\u00a0Edward C. DeLeon Guerrero\u00a0<\/strong>said the revocation hearings might not be necessary if IPI fulfils its obligations, including the payment of the 2020 and 2021 annual licence fees and regulatory fees, while adhering to CCC orders regarding working capital reserves and other financial responsibilities.<\/p>\n","protected":false},"excerpt":{"rendered":" The Commonwealth Casino Commission is looking to reschedule revocation hearings for October, November, or December.<\/p>\n","protected":false},"author":176,"featured_media":19300,"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 (NMI) is proceeding with potential revocation hearings for Imperial Pacific International (IPI)'s exclusive casino licence, following a successful appeal reversing a temporary restraining order. IPI faces revocation due to outstanding licence and regulatory fees, and non-compliance with working capital reserve requirements. The CCC indicates hearings may be averted if IPI fulfills its financial obligations.","focusai_entities":"Commonwealth Casino Commission (CCC), Imperial Pacific International (IPI), Edward C. DeLeon Guerrero, US District Court for the NMI, US Court of Appeals for the Ninth Circuit, Saipan Tribune","focusai_location":"Northern Mariana Islands","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (0.85), investor_analyst (0.9), journalist_researcher (0.9)","focusai_suggestions":[{"label":"IPI's Financial Obligations?","query":"What are the precise outstanding financial obligations, including specific licence and regulatory fees, and working capital reserve shortfalls, that Imperial Pacific International must address to avert license revocation?"},{"label":"Market Impact of Revocation?","query":"Should IPI's exclusive casino licence be revoked, what is the Commonwealth Casino Commission's projected timeline and process for re-licensing or introducing new operators to the Northern Mariana Islands market?"}],"footnotes":""},"categories":[16336,154],"tags":[21613,24134],"class_list":["post-777007728","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-legislation-news","tag-commonwealth-casino-commission","tag-imperial-pacific-international"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007728","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=777007728"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007728\/revisions"}],"predecessor-version":[{"id":777007748,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007728\/revisions\/777007748"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/19300"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777007728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777007728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777007728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}