Imperial Pacific International (IPI) owes US$76.5m in casino licence fees and fines.<\/p>\n\n\n\n\n\n\n\n
Northern Mariana Islands.- Edward C. DeLeon Guerrero<\/strong>, chair of the Commonwealth Casino Commission (CCC), has expressed doubts that the US Supreme Court will get involved in the case of casino operator Imperial Pacific International (IPI)<\/strong>. The operator owes US$76.5m<\/strong> in casino licence fees and fines.<\/p>\n\n\n\n During the CCC monthly board meeting at the Springs Plaza Building, DeLeon Guerrero suggested that the chances of IPI winning a Supreme Court hearing were remote.<\/p>\n\n\n\n IPI reportedly owes US$62m in casino licence fees to the Marian Islands government and US$14.5m in fees to the CCC. The CCC initiated proceedings against IPI in 2020<\/a>, leading to hearings and fines. The fines have been appealed in the Superior Court, where associate judge Wesley Bogdan upheld the CCC’s rulings. IPI then pursued an appeal at the CNMI Supreme Court, which\u00a0affirmed the suspension of IPI’s licence<\/a> while striking some penalties.<\/p>\n\n\n\n DeLeon Guerrero said the CCC had prevailed in the legal journey and was considering establishing a payment schedule for IPI.\u00a0\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":" Imperial Pacific International (IPI) owes US$76.5m in casino licence fees and fines.<\/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 significant financial liabilities, owing US$76.5m in casino licence fees and fines to the Marian Islands government and the Commonwealth Casino Commission (CCC). Following a series of legal challenges, including appeals to the CNMI Supreme Court which affirmed its licence suspension, the CCC is now considering a payment schedule for IPI, with doubts expressed regarding a US Supreme Court intervention.","focusai_entities":"Imperial Pacific International (IPI), Edward C. DeLeon Guerrero, Commonwealth Casino Commission (CCC), US Supreme Court, Wesley Bogdan, Superior Court, CNMI Supreme Court","focusai_location":"Northern Mariana Islands, Marian Islands","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (1.0), operator_casino (0.9), investor_analyst (0.9), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"IPI Payment Schedule","query":"What specific terms and conditions is the Commonwealth Casino Commission considering for Imperial Pacific International's payment schedule, and what are the implications for the recovery of the outstanding US$76.5m?"},{"label":"Regulatory Precedent","query":"How might the CNMI Supreme Court's decision to affirm IPI's licence suspension, while striking some penalties, establish a precedent for future regulatory enforcement actions and appeals within the jurisdiction?"}],"footnotes":""},"categories":[16336,439],"tags":[24134],"class_list":["post-777008866","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-legal-news","tag-imperial-pacific-international"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777008866","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=777008866"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777008866\/revisions"}],"predecessor-version":[{"id":777008901,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777008866\/revisions\/777008901"}],"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=777008866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777008866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777008866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}