{"id":777011720,"date":"2023-12-07T09:56:41","date_gmt":"2023-12-07T12:56:41","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777011720"},"modified":"2026-04-22T14:54:32","modified_gmt":"2026-04-22T17:54:32","slug":"saipan-regulator-sends-30-day-notice-on-ipi-over-unpaid-licence-fees","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/saipan-regulator-sends-30-day-notice-on-ipi-over-unpaid-licence-fees","title":{"rendered":"Saipan regulator sends 30-day notice on IPI over unpaid licence fees"},"content":{"rendered":"\n

The CCC says IPI owes US$62m.<\/p>\n\n\n\n\n\n\n\n

Northern Mariana Islands.- The Commonwealth Casino Commission<\/strong> has sent Imperial Pacific International (CNMI)<\/strong> a 30-day notice to pay US$62m in casino licence fees<\/strong> owed for the last four years.<\/p>\n\n\n\n

The Saipan Tribune reports that at the CCC board meeting last Thursday, IPI stood by a previous proposal still stands: Payment of US$5m a year for four years to the CNMI government for the casino licence fee and US$1m per year for four years to the CCC for the regulatory fee, in exchange for getting back its suspended casino licence.<\/p>\n\n\n\n

See also:<\/strong> Saipan lawmaker calls for revocation of IPI\u2019s casino licence<\/a><\/p>\n\n\n\n

IPI also owes CCC US$ 17,625,000 from outstanding casino regulatory fees, fines and penalties, and unpaid obligations per a previous stipulated resolution, meaning IPI owes the CNMI a total of $79,625,000 <\/strong>from casino regulatory fees, regulatory fees, fines and unpaid obligations.<\/p>\n\n\n\n

The suspension of IPI\u2019s casino licence dates back to April 2021 when the CCC took the step in response to the company\u2019s failure to comply with the commission\u2019s directives in five separate enforcement actions. Propst, who also serves as the House floor leader, said he intends to collaborate with House Gaming Committee chair Ralph N. Yumul (Ind-Saipan) to engage with the CCC in seeking a resolution.<\/p>\n","protected":false},"excerpt":{"rendered":"

The CCC says IPI owes US$62m.<\/p>\n","protected":false},"author":226,"featured_media":777009718,"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 issued a 30-day notice to Imperial Pacific International (IPI) for US$62 million in outstanding casino license fees, bringing IPI's total debt to US$79.625 million including regulatory fees, fines, and penalties. IPI's casino license has been suspended since April 2021 due to non-compliance, and its proposal for a staggered payment plan is under consideration amidst calls for license revocation.","focusai_entities":"Commonwealth Casino Commission, Imperial Pacific International (CNMI), Saipan Tribune, Propst, Ralph N. Yumul, House Gaming Committee","focusai_location":"Northern Mariana Islands, Saipan","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (0.8), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"IPI's Financial Viability?","query":"What is the current financial standing of Imperial Pacific International (IPI) and its capacity to meet the total US$79.625 million in outstanding obligations, particularly given its proposed payment plan?"},{"label":"Regulatory Precedent?","query":"What precedent does the Commonwealth Casino Commission's (CCC) enforcement action against IPI set for other licensed operators regarding financial compliance and the potential for license revocation in the Northern Mariana Islands?"}],"footnotes":""},"categories":[16336,156],"tags":[24134],"class_list":["post-777011720","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-regulation-news","tag-imperial-pacific-international"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011720","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\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777011720"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011720\/revisions"}],"predecessor-version":[{"id":777011729,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011720\/revisions\/777011729"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777009718"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777011720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777011720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777011720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}