suspended its activities<\/a> due to a lack of funds. <\/p>\n\n\n\nSaipan investor may be willing to finish IPI\u2019s casino resort<\/h2>\n\n\n\n
DeLeon Guerrero\u00a0says that a potential investor has expressed a willingness to invest in completing Imperial Pacific International (IPI)\u2019s unfinished casino resort. During a CCC board meeting, he said the prospective investor is prepared to take on the task but would not pay the CCC and CNMI fees that IPI owes: US$62m in casino licence fees owed to the CNMI government and US$14.5m in regulatory fees owed to CCC.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Commonwealth Casino Commission (CCC) wants to hire back an executive director and five other personnel.<\/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) seeks US$250,000 from the Northern Mariana Islands' governor to rehire key personnel and address critical matters, including resolving disputes with Imperial Pacific International (IPI) over US$79.6 million in outstanding fees and considering IPI's license revocation. The funding is crucial for the CCC to resume full operations, which were suspended due to a lack of funds, and to potentially facilitate a new investor for IPI's unfinished casino resort.","focusai_entities":"Commonwealth Casino Commission, Edward C DeLeon Guerrero, Arnold I. Palacios, Imperial Pacific International, The Saipan Tribune","focusai_location":"Northern Mariana Islands, Saipan","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (0.9), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"CCC Funding Impact?","query":"What specific enforcement actions and regulatory oversight improvements can be expected from the Commonwealth Casino Commission following the approval of the US$250,000 funding request?"},{"label":"IPI License Revocation Process?","query":"What is the projected timeline and legal process for the Commonwealth Casino Commission to potentially revoke Imperial Pacific International's license and issue a new one, considering the outstanding financial obligations?"}],"footnotes":""},"categories":[16336,157],"tags":[21613],"class_list":["post-777009866","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-business-news","tag-commonwealth-casino-commission"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777009866","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=777009866"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777009866\/revisions"}],"predecessor-version":[{"id":777041203,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777009866\/revisions\/777041203"}],"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=777009866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777009866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777009866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}